House Flipping Report
Neighborhood Data
Katy, TX 77494
Print
Successfully flipping a house depends on a number of different factors including population growth, increasing housing prices and cheap houses for sale. We are analyzing thousands of data points for Katy, TX . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Harris County , we've been able to rank it against its peer counties within Texas. To provide an even fuller picture, we also ranked Texas against all other US states.
Region
Rank in # of Flips
Rank in Flip Profit
Texas
#3rd in US
#49th in US
Harris County
#1st in TX
#63rd in TX
Number of Flips: We identify house flips as houses that are bought and sold within 12 months excluding forclosures, REOs and multi-parcel sales.
Flip Profit: The profit is the gross margin calculated by subtracting the original purchase price from the new resale price.
Latest Median Sale Price
$ 359,000
-0.04% YoY Change
Latest Monthly Sales Count
5,205
List Price /sqft
$120
-0% from last quarter
Reduced Listings /Month
188
-0.13% from last quarter
In order to successfully flip houses, you need the population of the area to be trending northward, which appears to be the case with Harris County . This is a good sign that flipping a house here will be successful.
Region
Population
Change YoY
Rank
Texas
28,701,845
1.34%
#2nd in US
Harris County
4,698,619
0.74%
#1st in TX
77494
61,600
#30th in TX
FlipMarket is the industry standard for providing you the exact data needed to see if flipping a house will be successful. To find properties for sale that may fit your budget and be house flipping candidates, check this list of popular searches.
Array
(
[zip_id] => 37332
[country] => USA
[zip] => 77494
[city] => Katy
[state] => Texas
[state_abbr] => TX
[county] => Harris
[dma] => 618
[latitude] => 29.7403
[longitude] => -95.8306
[timezone] => -6
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 77494
[zip_name] => katy, tx
[flag] =>
[median_listing_price] => 374740
[median_listing_price_mm] => -8.00E-0
[median_listing_price_yy] => 0.021
[active_listing_count] => 574
[active_listing_count_mm] => -0.0946
[active_listing_count_yy] => -0.1156
[median_days_on_market] => 66
[median_days_on_market_mm] => 0.082
[median_days_on_market_yy] => -0.0294
[new_listing_count] => 132
[new_listing_count_mm] => -0.25
[new_listing_count_yy] => -0.175
[price_increased_count] => 8
[price_increased_count_mm] => -0.5
[price_increased_count_yy] => -0.75
[price_reduced_count] => 188
[price_reduced_count_mm] => -0.1296
[price_reduced_count_yy] => 0.3824
[pending_listing_count] => 175
[pending_listing_count_mm] => -0.1706
[pending_listing_count_yy] => 0.1667
[median_listing_price_per_square_feet] => 120
[median_listing_price_per_square_feet_mm] => -0.0032
[median_listing_price_per_square_feet_yy] => 0.0075
[median_square_feet] => 3236
[median_square_feet_mm] => -0.0075
[median_square_feet_yy] => 8.00E-04
[average_listing_price] => 431488
[average_listing_price_mm] => -0.019
[average_listing_price_yy] => 0.025
[total_listing_count] => 749
[total_listing_count_mm] => -0.1136
[total_listing_count_yy] => 0.3049
[pending_ratio_mm] => -0.0279
[pending_ratio_yy] => 0.0738
[RegionID] => 91982
[RegionName] => 77494
[State] => TX
[Metro] => Houston-The Woodlands-Sugar Land
[County] => Harris County
[City] => Katy
[SizeRank] => 3
[Zhvi] => 326700
[MoM] => -0.00305157
[QoQ] => -0.0156674
[YoY] => -0.0354296
[5Year] => 0.0201395
[10Year] => 0.0280276
[PeakMonth] => 2018-09
[PeakQuarter] => 2018-Q3
[PeakZHVI] => 338700
[PctFallFromPeak] => -0.0354296
[LastTimeAtCurrZHVI] => 2018-02
[flips] => 19102
[purchase_price] => 179358
[resale_price] => 214954
[gross_margin] => 35596
[flipcount_rank] => 3
[flipmargin_rank] => 49
[counties] => 254
[zip_population] => 61600
[zip_rank] => 30
[state_population] => 28701845
[state_rank] => 2
[state_difference] => 1.338600
[list_prices] => "287500,286808,290990,289900,290000,292342,289000,286414,281990,277990,277990,274957,273990,271945,279555,277945,271990,269900,269900,261701,266950,267012,269900,277490,275495,272000,279900,276990,280490,280728,282900,287556.5,286616,286900,292488,292014,297200,305990,319900,319700,323990,329000,326945,329700,334800,339990,340768,347490,349000,354890,364945,373482,369995,369887.5,371990,372990,373990,377331,389475,395900,399000,390000,394167,399000,397990,386976,392677,382724.5,384000,384900,384459,383994.5,381990,373000,369900,369900,371845,375990,372000,370000,374167,374700,368995,370000,369000,374703,374994.5,379900,380990,379900,377500,375000,374990,374900,369945,366997.5,364999.5,364631,365000,369900,369000,362000,360995,365000,360585,360000,364700,355000,350000,354900,350000,355924,355000,359990,359900,365000,365000,359900,356000,359000"
[list_prices_exploded] => Array
(
[0] => 287500
[1] => 286808
[2] => 290990
[3] => 289900
[4] => 290000
[5] => 292342
[6] => 289000
[7] => 286414
[8] => 281990
[9] => 277990
[10] => 277990
[11] => 274957
[12] => 273990
[13] => 271945
[14] => 279555
[15] => 277945
[16] => 271990
[17] => 269900
[18] => 269900
[19] => 261701
[20] => 266950
[21] => 267012
[22] => 269900
[23] => 277490
[24] => 275495
[25] => 272000
[26] => 279900
[27] => 276990
[28] => 280490
[29] => 280728
[30] => 282900
[31] => 287556.5
[32] => 286616
[33] => 286900
[34] => 292488
[35] => 292014
[36] => 297200
[37] => 305990
[38] => 319900
[39] => 319700
[40] => 323990
[41] => 329000
[42] => 326945
[43] => 329700
[44] => 334800
[45] => 339990
[46] => 340768
[47] => 347490
[48] => 349000
[49] => 354890
[50] => 364945
[51] => 373482
[52] => 369995
[53] => 369887.5
[54] => 371990
[55] => 372990
[56] => 373990
[57] => 377331
[58] => 389475
[59] => 395900
[60] => 399000
[61] => 390000
[62] => 394167
[63] => 399000
[64] => 397990
[65] => 386976
[66] => 392677
[67] => 382724.5
[68] => 384000
[69] => 384900
[70] => 384459
[71] => 383994.5
[72] => 381990
[73] => 373000
[74] => 369900
[75] => 369900
[76] => 371845
[77] => 375990
[78] => 372000
[79] => 370000
[80] => 374167
[81] => 374700
[82] => 368995
[83] => 370000
[84] => 369000
[85] => 374703
[86] => 374994.5
[87] => 379900
[88] => 380990
[89] => 379900
[90] => 377500
[91] => 375000
[92] => 374990
[93] => 374900
[94] => 369945
[95] => 366997.5
[96] => 364999.5
[97] => 364631
[98] => 365000
[99] => 369900
[100] => 369000
[101] => 362000
[102] => 360995
[103] => 365000
[104] => 360585
[105] => 360000
[106] => 364700
[107] => 355000
[108] => 350000
[109] => 354900
[110] => 350000
[111] => 355924
[112] => 355000
[113] => 359990
[114] => 359900
[115] => 365000
[116] => 365000
[117] => 359900
[118] => 356000
[119] => 359000
)
)
Array
(
[county_name] => Harris
[state] => Texas
[state_fips] => 48
[county_fips] => 48201
[dma] => 618
[metro_name] => Houston, TX
[cbsa_name] => Houston-The Woodlands-Sugar Land, TX
[county_region_id_zillow] => 1090
[metro_region_id_zillow] => 394692
[fips] => 48201
[cbsa_code] => 26420
[population_prior] => 4664159
[population] => 4698619
[rank] => 1
[difference] => 0.738825585
[region_id] => 1090
[sale_counts] => "4754,4558,4364,4309,4234,4073,3653,3519,3370,3567,3536,3686,3747,3641,3471,3464,3616,3682,3705,3731,4090,4098,3912,3594,3666,3902,4034,4063,3708,3398,3088,3077,3240,3226,3556,3543,3814,3676,3724,3598,3491,3543,3512,3528,3480,3512,3780,3905,4035,3825,3881,3823,4083,3894,3946,3836,4256,4155,4386,4409,4621,4904,4972,5078,4969,4936,5069,4995,4969,4869,4926,4729,4782,4761,4906,4894,5135,4618,4857,4783,5364,5289,5191,5148,5091,5034,4974,5063,5150,5212,5171,5035,4936,4861,4923,5181,5210,5041,4890,4891,4923,5087,5048,5129,5142,5179,5393,5416,5590,5387,5373,5293,5235,4879,4667,4726,5207,5371,5705,5735,5717,5550,5477,5571,5512,5436,5281,5348,5377,5351,5212,5051,5113,5284,5390,5261,5134,5065,5099,5075,5105,5205"
[county] => Harris
[flips] => 2976
[purchase_price] => 168927
[resale_price] => 206031
[gross_margin] => 37103
[flipcount_rank] => 1
[flipmargin_rank] => 63
[sale_counts_exploded] => Array
(
[0] => 4754
[1] => 4558
[2] => 4364
[3] => 4309
[4] => 4234
[5] => 4073
[6] => 3653
[7] => 3519
[8] => 3370
[9] => 3567
[10] => 3536
[11] => 3686
[12] => 3747
[13] => 3641
[14] => 3471
[15] => 3464
[16] => 3616
[17] => 3682
[18] => 3705
[19] => 3731
[20] => 4090
[21] => 4098
[22] => 3912
[23] => 3594
[24] => 3666
[25] => 3902
[26] => 4034
[27] => 4063
[28] => 3708
[29] => 3398
[30] => 3088
[31] => 3077
[32] => 3240
[33] => 3226
[34] => 3556
[35] => 3543
[36] => 3814
[37] => 3676
[38] => 3724
[39] => 3598
[40] => 3491
[41] => 3543
[42] => 3512
[43] => 3528
[44] => 3480
[45] => 3512
[46] => 3780
[47] => 3905
[48] => 4035
[49] => 3825
[50] => 3881
[51] => 3823
[52] => 4083
[53] => 3894
[54] => 3946
[55] => 3836
[56] => 4256
[57] => 4155
[58] => 4386
[59] => 4409
[60] => 4621
[61] => 4904
[62] => 4972
[63] => 5078
[64] => 4969
[65] => 4936
[66] => 5069
[67] => 4995
[68] => 4969
[69] => 4869
[70] => 4926
[71] => 4729
[72] => 4782
[73] => 4761
[74] => 4906
[75] => 4894
[76] => 5135
[77] => 4618
[78] => 4857
[79] => 4783
[80] => 5364
[81] => 5289
[82] => 5191
[83] => 5148
[84] => 5091
[85] => 5034
[86] => 4974
[87] => 5063
[88] => 5150
[89] => 5212
[90] => 5171
[91] => 5035
[92] => 4936
[93] => 4861
[94] => 4923
[95] => 5181
[96] => 5210
[97] => 5041
[98] => 4890
[99] => 4891
[100] => 4923
[101] => 5087
[102] => 5048
[103] => 5129
[104] => 5142
[105] => 5179
[106] => 5393
[107] => 5416
[108] => 5590
[109] => 5387
[110] => 5373
[111] => 5293
[112] => 5235
[113] => 4879
[114] => 4667
[115] => 4726
[116] => 5207
[117] => 5371
[118] => 5705
[119] => 5735
[120] => 5717
[121] => 5550
[122] => 5477
[123] => 5571
[124] => 5512
[125] => 5436
[126] => 5281
[127] => 5348
[128] => 5377
[129] => 5351
[130] => 5212
[131] => 5051
[132] => 5113
[133] => 5284
[134] => 5390
[135] => 5261
[136] => 5134
[137] => 5065
[138] => 5099
[139] => 5075
[140] => 5105
[141] => 5205
)
)