House Flipping Report
Neighborhood Data
Corpus Christi, TX 78418
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 Corpus Christi, TX . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Nueces 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
Nueces County
#18th in TX
#53rd 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
$ 250,750
0.04% YoY Change
Latest Monthly Sales Count
List Price /sqft
$177
-0.01% from last quarter
Reduced Listings /Month
40
-0.33% from last quarter
Average Home Sqft
$1,759
-0% from last year
In order to successfully flip houses, you need the population of the area to be trending northward, which appears to be the case with Nueces 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
Nueces County
362,265
0.35%
#15th in TX
78418
29,854
#2nd 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] => 37943
[country] => USA
[zip] => 78418
[city] => Corpus Christi
[state] => Texas
[state_abbr] => TX
[county] => Nueces
[dma] => 600
[latitude] => 27.6436
[longitude] => -97.2487
[timezone] => -6
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 78418
[zip_name] => corpus christi, tx
[flag] =>
[median_listing_price] => 291050
[median_listing_price_mm] => -0.0235
[median_listing_price_yy] => 0.0778
[active_listing_count] => 398
[active_listing_count_mm] => -0.0025
[active_listing_count_yy] => 0.0311
[median_days_on_market] => 107.5
[median_days_on_market_mm] => 0.0539
[median_days_on_market_yy] => 0.0644
[new_listing_count] => 72
[new_listing_count_mm] => -0.2174
[new_listing_count_yy] => -0.0526
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] => -1
[price_reduced_count] => 40
[price_reduced_count_mm] => -0.3333
[price_reduced_count_yy] => -0.2308
[pending_listing_count] => 84
[pending_listing_count_mm] => -0.0769
[pending_listing_count_yy] => 0.2
[median_listing_price_per_square_feet] => 177
[median_listing_price_per_square_feet_mm] => -0.0089
[median_listing_price_per_square_feet_yy] => 0.1357
[median_square_feet] => 1759
[median_square_feet_mm] => -0.0184
[median_square_feet_yy] => -0.0011
[average_listing_price] => 368612
[average_listing_price_mm] => -0.0174
[average_listing_price_yy] => 0.1101
[total_listing_count] => 482
[total_listing_count_mm] => -0.0163
[total_listing_count_yy] => 0.2111
[pending_ratio_mm] => -0.017
[pending_ratio_yy] => 0.0297
[RegionID] => 92452
[RegionName] => 78418
[State] => TX
[Metro] => Corpus Christi
[County] => Nueces County
[City] => Corpus Christi
[SizeRank] => 224
[Zhvi] => 206600
[MoM] => 0.00339971
[QoQ] => 0.00878906
[YoY] => 0.038191
[5Year] => 0.0414887
[10Year] => 0.0286231
[PeakMonth] => 2019-09
[PeakQuarter] => 2019-Q3
[PeakZHVI] => 206600
[PctFallFromPeak] => 0
[LastTimeAtCurrZHVI] => 2019-09
[flips] => 19102
[purchase_price] => 179358
[resale_price] => 214954
[gross_margin] => 35596
[flipcount_rank] => 3
[flipmargin_rank] => 49
[counties] => 254
[zip_population] => 29854
[zip_rank] => 302
[state_population] => 28701845
[state_rank] => 2
[state_difference] => 1.338600
[list_prices] => "235450,239900,239000,235900,235000,236700,219900,219900,218000,207000,205900,197900,192950,187000,189900,189900,193100,195000,195000,189900,189900,194325,189900,189900,189900,194000,184900,209000,205000,198000,187500,199000,197500,199850,213900,209900,197500,196250,199900,199250,199900,214500,199950,214900,223700,229900,229000,229900,214950,211000,214900,229900,228474.5,229000,227000,219900,214950,214900,220000,224900,229250,228200,237900,219900,225000,224900,229900,229950,229000,233992,229900,228400,229450,229900,234999,234900,237850,233500,233276,229900,234900,234900,239900,239900,238500,239000,239000,239000,238000,238000,239000,239900,239900,239000,230000,232500,235000,239900,245000,249750,249900,256000,264500,259000,265000,264900,259000,255000,249900,259000,264900,259900,265000,265000,269900,264950,276360,265000,255900,250750"
[list_prices_exploded] => Array
(
[0] => 235450
[1] => 239900
[2] => 239000
[3] => 235900
[4] => 235000
[5] => 236700
[6] => 219900
[7] => 219900
[8] => 218000
[9] => 207000
[10] => 205900
[11] => 197900
[12] => 192950
[13] => 187000
[14] => 189900
[15] => 189900
[16] => 193100
[17] => 195000
[18] => 195000
[19] => 189900
[20] => 189900
[21] => 194325
[22] => 189900
[23] => 189900
[24] => 189900
[25] => 194000
[26] => 184900
[27] => 209000
[28] => 205000
[29] => 198000
[30] => 187500
[31] => 199000
[32] => 197500
[33] => 199850
[34] => 213900
[35] => 209900
[36] => 197500
[37] => 196250
[38] => 199900
[39] => 199250
[40] => 199900
[41] => 214500
[42] => 199950
[43] => 214900
[44] => 223700
[45] => 229900
[46] => 229000
[47] => 229900
[48] => 214950
[49] => 211000
[50] => 214900
[51] => 229900
[52] => 228474.5
[53] => 229000
[54] => 227000
[55] => 219900
[56] => 214950
[57] => 214900
[58] => 220000
[59] => 224900
[60] => 229250
[61] => 228200
[62] => 237900
[63] => 219900
[64] => 225000
[65] => 224900
[66] => 229900
[67] => 229950
[68] => 229000
[69] => 233992
[70] => 229900
[71] => 228400
[72] => 229450
[73] => 229900
[74] => 234999
[75] => 234900
[76] => 237850
[77] => 233500
[78] => 233276
[79] => 229900
[80] => 234900
[81] => 234900
[82] => 239900
[83] => 239900
[84] => 238500
[85] => 239000
[86] => 239000
[87] => 239000
[88] => 238000
[89] => 238000
[90] => 239000
[91] => 239900
[92] => 239900
[93] => 239000
[94] => 230000
[95] => 232500
[96] => 235000
[97] => 239900
[98] => 245000
[99] => 249750
[100] => 249900
[101] => 256000
[102] => 264500
[103] => 259000
[104] => 265000
[105] => 264900
[106] => 259000
[107] => 255000
[108] => 249900
[109] => 259000
[110] => 264900
[111] => 259900
[112] => 265000
[113] => 265000
[114] => 269900
[115] => 264950
[116] => 276360
[117] => 265000
[118] => 255900
[119] => 250750
)
)
Array
(
[county_name] => Nueces
[state] => Texas
[state_fips] => 48
[county_fips] => 48355
[dma] => 600
[metro_name] => Corpus Christi, TX
[cbsa_name] => Corpus Christi, TX
[county_region_id_zillow] => 1272
[metro_region_id_zillow] => 394502
[fips] => 48355
[cbsa_code] => 18580
[population_prior] => 361014
[population] => 362265
[rank] => 15
[difference] => 0.346523958
[region_id] => 1272
[sale_counts] => ",,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,376,376,392,428,429,410,358,336,348,366,394,384,381,353,361,399,421,406,364,368,372,370,336,353,368,398,418,417,421,412,433,444,430,462,426,455,428,438,439,439,455,446,421,436,405,392,358,360,351,"
[county] => Nueces
[flips] => 237
[purchase_price] => 146243
[resale_price] => 189135
[gross_margin] => 42892
[flipcount_rank] => 18
[flipmargin_rank] => 53
[sale_counts_exploded] => Array
(
[0] =>
[1] =>
[2] =>
[3] =>
[4] =>
[5] =>
[6] =>
[7] =>
[8] =>
[9] =>
[10] =>
[11] =>
[12] =>
[13] =>
[14] =>
[15] =>
[16] =>
[17] =>
[18] =>
[19] =>
[20] =>
[21] =>
[22] =>
[23] =>
[24] =>
[25] =>
[26] =>
[27] =>
[28] =>
[29] =>
[30] =>
[31] =>
[32] =>
[33] =>
[34] =>
[35] =>
[36] =>
[37] =>
[38] =>
[39] =>
[40] =>
[41] =>
[42] =>
[43] =>
[44] =>
[45] =>
[46] =>
[47] =>
[48] =>
[49] =>
[50] =>
[51] =>
[52] =>
[53] =>
[54] =>
[55] =>
[56] =>
[57] =>
[58] =>
[59] =>
[60] =>
[61] =>
[62] =>
[63] =>
[64] =>
[65] =>
[66] =>
[67] =>
[68] =>
[69] =>
[70] =>
[71] =>
[72] =>
[73] =>
[74] =>
[75] =>
[76] =>
[77] =>
[78] =>
[79] =>
[80] =>
[81] =>
[82] =>
[83] =>
[84] =>
[85] =>
[86] =>
[87] =>
[88] =>
[89] =>
[90] =>
[91] =>
[92] => 376
[93] => 376
[94] => 392
[95] => 428
[96] => 429
[97] => 410
[98] => 358
[99] => 336
[100] => 348
[101] => 366
[102] => 394
[103] => 384
[104] => 381
[105] => 353
[106] => 361
[107] => 399
[108] => 421
[109] => 406
[110] => 364
[111] => 368
[112] => 372
[113] => 370
[114] => 336
[115] => 353
[116] => 368
[117] => 398
[118] => 418
[119] => 417
[120] => 421
[121] => 412
[122] => 433
[123] => 444
[124] => 430
[125] => 462
[126] => 426
[127] => 455
[128] => 428
[129] => 438
[130] => 439
[131] => 439
[132] => 455
[133] => 446
[134] => 421
[135] => 436
[136] => 405
[137] => 392
[138] => 358
[139] => 360
[140] => 351
[141] =>
)
)