House Flipping Report
Neighborhood Data
Jerome, ID 83338
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 Jerome, ID . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Jerome County , we've been able to rank it against its peer counties within Idaho. To provide an even fuller picture, we also ranked Idaho against all other US states.
Region
Rank in # of Flips
Rank in Flip Profit
Idaho
#37th in US
#45th in US
Jerome County
#11th in ID
#11th in ID
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
$ 199,900
0.06% YoY Change
Latest Monthly Sales Count
List Price /sqft
$127
0.06% from last quarter
Reduced Listings /Month
12
-0.25% from last quarter
Average Home Sqft
$1,914
-0.01% 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 Jerome County . This is a good sign that flipping a house here will be successful.
Region
Population
Change YoY
Rank
Idaho
1,754,208
2.05%
#39th in US
Jerome County
24,015
1.08%
#14th in ID
83338
19,782
#33rd in ID
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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