House Flipping Report
Neighborhood Data
Bonners Ferry, ID 83805
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 Bonners Ferry, ID . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Boundary 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
Boundary County
#21st in ID
#5th 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
$ 365,000
0.01% YoY Change
Latest Monthly Sales Count
List Price /sqft
$156
even from last quarter
Avg. Days on Market
104
-0.01% from last year
Average Home Sqft
$2,364
0.09% 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 Boundary 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
Boundary County
11,948
0.29%
#25th in ID
83805
7,437
#52nd 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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