New Castle, CO 81647

Flip Market Report

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 New Castle, CO. If these factors exist, there is a good chance that a successful flip is possible.

By looking at recent sales data in Garfield 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
Garfield County #20th in CO
#17th 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.

81647 Historical Monthly Listing Prices

Latest Median Sale Price

$ 440,250

0.07% YoY Change
Garfield Historical Monthly Home Sales

Latest Monthly Sales Count

107

List Price /sqft

$215

0.01% from last quarter

Avg. Days on Market

103

0.21% from last year

Average Home Sqft

$1,935

0.1% from last year

Population Rank

In order to successfully flip houses, you need the population of the area to be trending northward, which appears to be the case with Garfield 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
Garfield County 59,770 1.11% #13th in CO
81647 7,104 #91st in CO
Home Searches

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] => 5565
    [country] => USA
    [zip] => 81647
    [city] => New Castle
    [state] => Colorado
    [state_abbr] => CO
    [county] => Garfield
    [dma] => 751
    [latitude] => 39.5978
    [longitude] => -107.534
    [timezone] => -7
    [timezone_dst] => 1
    [dttm] => 2019-09-30
    [postal_code] => 81647
    [zip_name] => new castle, co
    [flag] => 
    [median_listing_price] => 449050
    [median_listing_price_mm] => 0.0466
    [median_listing_price_yy] => 0.069
    [active_listing_count] => 43
    [active_listing_count_mm] => -0.14
    [active_listing_count_yy] => 0.2647
    [median_days_on_market] => 102.5
    [median_days_on_market_mm] => 0.0677
    [median_days_on_market_yy] => 0.2059
    [new_listing_count] => 4
    [new_listing_count_mm] => -0.6667
    [new_listing_count_yy] => -0.5
    [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] => 0
    [pending_listing_count_mm] => -1
    [pending_listing_count_yy] => -1
    [median_listing_price_per_square_feet] => 215
    [median_listing_price_per_square_feet_mm] => 0.0108
    [median_listing_price_per_square_feet_yy] => -0.0013
    [median_square_feet] => 1935
    [median_square_feet_mm] => 0.0644
    [median_square_feet_yy] => 0.0982
    [average_listing_price] => 510151
    [average_listing_price_mm] => 0.1011
    [average_listing_price_yy] => -0.0161
    [total_listing_count] => 43
    [total_listing_count_mm] => -0.1569
    [total_listing_count_yy] => 0
    [pending_ratio_mm] => -0.02
    [pending_ratio_yy] => -0.4118
    [RegionID] => 93840
    [RegionName] => 81647
    [State] => CO
    [Metro] => Glenwood Springs
    [County] => Garfield County
    [City] => New Castle
    [SizeRank] => 999
    [Zhvi] => 380000
    [MoM] => 0.0021097
    [QoQ] => 0.0031679
    [YoY] => 0.0656197
    [5Year] => 0.0656576
    [10Year] => 0.0181638
    [PeakMonth] => 2019-09
    [PeakQuarter] => 2019-Q3
    [PeakZHVI] => 380000
    [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] => 7104
    [zip_rank] => 191
    [state_population] => 5695564
    [state_rank] => 21
    [state_difference] => 1.418507
    [list_prices] => ",,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,399500,395000,399000,392500,402000,392200,405000,410000,411000,419000,418000,434999.5,435000,407000,397000,388900,393700,412500,415000,397950,399000,432000,440250"
    [list_prices_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] => 
            [93] => 
            [94] => 
            [95] => 
            [96] => 
            [97] => 399500
            [98] => 395000
            [99] => 399000
            [100] => 392500
            [101] => 402000
            [102] => 392200
            [103] => 405000
            [104] => 410000
            [105] => 411000
            [106] => 419000
            [107] => 418000
            [108] => 434999.5
            [109] => 435000
            [110] => 407000
            [111] => 397000
            [112] => 388900
            [113] => 393700
            [114] => 412500
            [115] => 415000
            [116] => 397950
            [117] => 399000
            [118] => 432000
            [119] => 440250
        )

)
Array
(
    [county_name] => Garfield
    [state] => Colorado
    [state_fips] => 8
    [county_fips] => 8045
    [dma] => 751
    [metro_name] => Glenwood Springs, CO
    [cbsa_name] => Glenwood Springs, CO
    [county_region_id_zillow] => 2300
    [metro_region_id_zillow] => 753881
    [fips] => 8045
    [cbsa_code] => 24060
    [population_prior] => 59113
    [population] => 59770
    [rank] => 13
    [difference] => 1.11143065
    [region_id] => 2300
    [sale_counts] => ",,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,93,97,100,99,95,95,95,100,107,109,105,101,106,106,102,97,103,107,104,96,83,85,89,103,107,105,97,96,102,107,107"
    [county] => Garfield
    [flips] => 32
    [purchase_price] => 316650
    [resale_price] => 392000
    [gross_margin] => 75350
    [flipcount_rank] => 20
    [flipmargin_rank] => 17
    [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] => 
            [93] => 
            [94] => 
            [95] => 
            [96] => 
            [97] => 
            [98] => 
            [99] => 
            [100] => 
            [101] => 
            [102] => 
            [103] => 
            [104] => 
            [105] => 
            [106] => 
            [107] => 
            [108] => 
            [109] => 
            [110] => 
            [111] => 93
            [112] => 97
            [113] => 100
            [114] => 99
            [115] => 95
            [116] => 95
            [117] => 95
            [118] => 100
            [119] => 107
            [120] => 109
            [121] => 105
            [122] => 101
            [123] => 106
            [124] => 106
            [125] => 102
            [126] => 97
            [127] => 103
            [128] => 107
            [129] => 104
            [130] => 96
            [131] => 83
            [132] => 85
            [133] => 89
            [134] => 103
            [135] => 107
            [136] => 105
            [137] => 97
            [138] => 96
            [139] => 102
            [140] => 107
            [141] => 107
        )

)

Flip Market uses data engineering + AI to help businesses and individuals successfully flip homes.

© 2022 Flip Market  •  Our Methodology  •  Contact  •  Privacy Policy