House Flipping Report
Neighborhood Data
Gillette, WY 82716
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 Gillette, WY . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Campbell County , we've been able to rank it against its peer counties within Wyoming. To provide an even fuller picture, we also ranked Wyoming against all other US states.
Region
Rank in # of Flips
Rank in Flip Profit
Wyoming
#45th in US
#38th in US
Campbell County
#5th in WY
#5th in WY
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
$ 198,500
0.08% YoY Change
Latest Monthly Sales Count
List Price /sqft
$99
even from last quarter
Reduced Listings /Month
12
even from last quarter
Average Home Sqft
$1,920
-0.07% from last year
In order to successfully flip houses, you need the population of the area to be trending northward, which does not appear to be the case with Campbell County . This does not mean a flip wouldn't be successful, but it may be slightly harder to find a buyer.
Region
Population
Change YoY
Rank
Wyoming
577,737
-0.21%
#51st in US
Campbell County
46,140
-0.24%
#3rd in WY
82716
18,747
#10th in WY
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.
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