Wallace, ID 83873

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 Wallace, ID. If these factors exist, there is a good chance that a successful flip is possible.

By looking at recent sales data in Shoshone 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
Shoshone County #10th in ID
#16th 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.

83873 Historical Monthly Listing Prices

No Data Available

Shoshone Historical Monthly Home Sales

Latest Monthly Sales Count

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 Shoshone 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
Shoshone County 12,796 1.94% #24th in ID
83873 1,591 #19th in ID
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.

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