House Flipping Report
Neighborhood Data
Black Hawk, CO 80422
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 Black Hawk, CO . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Gilpin County , we've been able to rank it against its peer counties within Colorado. To provide an even fuller picture, we also ranked Colorado against all other US states.
Region
Rank in # of Flips
Rank in Flip Profit
Colorado
#14th in US
#22nd in US
Gilpin County
#32nd in CO
#2nd in CO
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 Monthly Sales Count
List Price /sqft
$228
0% from last quarter
Average Home Sqft
$2,428
-0.36% 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 Gilpin County . This is a good sign that flipping a house here will be successful.
Region
Population
Change YoY
Rank
Colorado
5,695,564
1.42%
#21st in US
Gilpin County
6,121
1.58%
#47th in CO
80422
4,326
#21st in CO
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] => 5568
[country] => USA
[zip] => 80422
[city] => Black Hawk
[state] => Colorado
[state_abbr] => CO
[county] => Gilpin
[dma] => 751
[latitude] => 39.8014
[longitude] => -105.503
[timezone] => -7
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 80422
[zip_name] => black hawk, co
[flag] => *
[median_listing_price] => 549550
[median_listing_price_mm] => 0.0608
[median_listing_price_yy] =>
[active_listing_count] => 29
[active_listing_count_mm] => -0.0938
[active_listing_count_yy] =>
[median_days_on_market] => 98
[median_days_on_market_mm] => 0.0316
[median_days_on_market_yy] =>
[new_listing_count] => 8
[new_listing_count_mm] => 1
[new_listing_count_yy] => 1
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] =>
[price_reduced_count] => 0
[price_reduced_count_mm] => -1
[price_reduced_count_yy] =>
[pending_listing_count] => 8
[pending_listing_count_mm] => -0.2
[pending_listing_count_yy] => -0.2727
[median_listing_price_per_square_feet] => 228
[median_listing_price_per_square_feet_mm] => 8.00E-04
[median_listing_price_per_square_feet_yy] => 0.0408
[median_square_feet] => 2428
[median_square_feet_mm] => 0.1016
[median_square_feet_yy] => -0.3563
[average_listing_price] => 638992
[average_listing_price_mm] => 0.0487
[average_listing_price_yy] => -0.0476
[total_listing_count] => 37
[total_listing_count_mm] => -0.119
[total_listing_count_yy] => 0.2759
[pending_ratio_mm] => -0.0366
[pending_ratio_yy] => -0.4116
[RegionID] => 93375
[RegionName] => 80422
[State] => CO
[Metro] => Denver-Aurora-Lakewood
[County] => Clear Creek County
[City] => Idaho Springs
[SizeRank] => 115
[Zhvi] => 370000
[MoM] => 0.00298184
[QoQ] => 0.0106528
[YoY] => 0.026922
[5Year] => 0.100519
[10Year] => 0.0547127
[PeakMonth] => 2019-09
[PeakQuarter] => 2019-Q3
[PeakZHVI] => 370000
[PctFallFromPeak] => 0
[LastTimeAtCurrZHVI] => 2019-09
[flips] => 7285
[purchase_price] => 280208
[resale_price] => 353470
[gross_margin] => 73263
[flipcount_rank] => 14
[flipmargin_rank] => 22
[counties] => 64
[zip_population] => 4326
[zip_rank] => 221
[state_population] => 5695564
[state_rank] => 21
[state_difference] => 1.418507
[list_prices] =>
[list_prices_exploded] => Array
(
[0] =>
)
)
Array
(
[county_name] => Gilpin
[state] => Colorado
[state_fips] => 8
[county_fips] => 8047
[dma] => 751
[metro_name] => Denver, CO
[cbsa_name] => Denver-Aurora-Lakewood, CO
[county_region_id_zillow] => 1041
[metro_region_id_zillow] => 394530
[fips] => 8047
[cbsa_code] => 19740
[population_prior] => 6026
[population] => 6121
[rank] => 47
[difference] => 1.576501825
[region_id] => 1041
[sale_counts] => "8,7,6,11,12,10,8,8,9,8,8,9,9,9,8,10,9,10,9,9,8,10,10,12,8,9,10,13,10,9,7,7,9,6,9,9,13,12,12,10,11,12,12,12,13,15,13,16,14,15,12,12,12,11,10,12,14,17,16,15,14,18,18,17,13,13,14,14,15,15,16,14,11,11,12,15,14,15,13,14,13,16,13,11,10,11,16,18,18,17,21,22,22,16,16,16,18,19,18,17,16,19,19,19,17,19,16,17,12,12,12,12,14,15,14,12,12,13,13,16,19,18,15,15,15,15,14,14,12,12,12,12,10,11,10,15,14,16,13,14,11,"
[county] => Gilpin
[flips] => 4
[purchase_price] => 197000
[resale_price] => 432125
[gross_margin] => 235125
[flipcount_rank] => 32
[flipmargin_rank] => 2
[sale_counts_exploded] => Array
(
[0] => 8
[1] => 7
[2] => 6
[3] => 11
[4] => 12
[5] => 10
[6] => 8
[7] => 8
[8] => 9
[9] => 8
[10] => 8
[11] => 9
[12] => 9
[13] => 9
[14] => 8
[15] => 10
[16] => 9
[17] => 10
[18] => 9
[19] => 9
[20] => 8
[21] => 10
[22] => 10
[23] => 12
[24] => 8
[25] => 9
[26] => 10
[27] => 13
[28] => 10
[29] => 9
[30] => 7
[31] => 7
[32] => 9
[33] => 6
[34] => 9
[35] => 9
[36] => 13
[37] => 12
[38] => 12
[39] => 10
[40] => 11
[41] => 12
[42] => 12
[43] => 12
[44] => 13
[45] => 15
[46] => 13
[47] => 16
[48] => 14
[49] => 15
[50] => 12
[51] => 12
[52] => 12
[53] => 11
[54] => 10
[55] => 12
[56] => 14
[57] => 17
[58] => 16
[59] => 15
[60] => 14
[61] => 18
[62] => 18
[63] => 17
[64] => 13
[65] => 13
[66] => 14
[67] => 14
[68] => 15
[69] => 15
[70] => 16
[71] => 14
[72] => 11
[73] => 11
[74] => 12
[75] => 15
[76] => 14
[77] => 15
[78] => 13
[79] => 14
[80] => 13
[81] => 16
[82] => 13
[83] => 11
[84] => 10
[85] => 11
[86] => 16
[87] => 18
[88] => 18
[89] => 17
[90] => 21
[91] => 22
[92] => 22
[93] => 16
[94] => 16
[95] => 16
[96] => 18
[97] => 19
[98] => 18
[99] => 17
[100] => 16
[101] => 19
[102] => 19
[103] => 19
[104] => 17
[105] => 19
[106] => 16
[107] => 17
[108] => 12
[109] => 12
[110] => 12
[111] => 12
[112] => 14
[113] => 15
[114] => 14
[115] => 12
[116] => 12
[117] => 13
[118] => 13
[119] => 16
[120] => 19
[121] => 18
[122] => 15
[123] => 15
[124] => 15
[125] => 15
[126] => 14
[127] => 14
[128] => 12
[129] => 12
[130] => 12
[131] => 12
[132] => 10
[133] => 11
[134] => 10
[135] => 15
[136] => 14
[137] => 16
[138] => 13
[139] => 14
[140] => 11
[141] =>
)
)