House Flipping Report
Neighborhood Data
Midvale, UT 84047
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 Midvale, UT . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Salt Lake County , we've been able to rank it against its peer counties within Utah. To provide an even fuller picture, we also ranked Utah against all other US states.
Region
Rank in # of Flips
Rank in Flip Profit
Utah
#31st in US
#29th in US
Salt Lake County
#1st in UT
#4th in UT
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
$ 314,900
0.13% YoY Change
Latest Monthly Sales Count
List Price /sqft
$174
-0.01% from last quarter
Reduced Listings /Month
12
-0.4% from last quarter
Average Home Sqft
$1,914
-0.12% 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 Salt Lake County . This is a good sign that flipping a house here will be successful.
Region
Population
Change YoY
Rank
Utah
3,161,105
1.87%
#30th in US
Salt Lake County
1,152,633
1.3%
#1st in UT
84047
28,936
#40th in UT
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] => 38837
[country] => USA
[zip] => 84047
[city] => Midvale
[state] => Utah
[state_abbr] => UT
[county] => Salt Lake
[dma] => 770
[latitude] => 40.6129
[longitude] => -111.885
[timezone] => -7
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 84047
[zip_name] => midvale, ut
[flag] => *
[median_listing_price] => 327500
[median_listing_price_mm] => -0.0074
[median_listing_price_yy] =>
[active_listing_count] => 29
[active_listing_count_mm] => -0.1714
[active_listing_count_yy] => -0.4528
[median_days_on_market] => 36.5
[median_days_on_market_mm] => 0.0139
[median_days_on_market_yy] => -0.2981
[new_listing_count] => 16
[new_listing_count_mm] => 0
[new_listing_count_yy] => 1
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] => -1
[price_reduced_count] => 12
[price_reduced_count_mm] => -0.4
[price_reduced_count_yy] => 2
[pending_listing_count] => 36
[pending_listing_count_mm] => -0.3077
[pending_listing_count_yy] => -0.122
[median_listing_price_per_square_feet] => 174
[median_listing_price_per_square_feet_mm] => -0.0115
[median_listing_price_per_square_feet_yy] => 0.0557
[median_square_feet] => 1914
[median_square_feet_mm] => 0.0197
[median_square_feet_yy] => -0.124
[average_listing_price] => 369591
[average_listing_price_mm] => -0.0105
[average_listing_price_yy] => -0.0227
[total_listing_count] => 65
[total_listing_count_mm] => -0.2529
[total_listing_count_yy] => 1.2414
[pending_ratio_mm] => -0.2443
[pending_ratio_yy] => 0.4678
[RegionID] => 94413
[RegionName] => 84047
[State] => UT
[Metro] => Salt Lake City
[County] => Salt Lake County
[City] => Midvale
[SizeRank] => 195
[Zhvi] => 336500
[MoM] => 0.0372996
[QoQ] => 0.071656
[YoY] => 0.134525
[5Year] => 0.104412
[10Year] => 0.0492314
[PeakMonth] => 2019-09
[PeakQuarter] => 2019-Q3
[PeakZHVI] => 336500
[PctFallFromPeak] => 0
[LastTimeAtCurrZHVI] => 2019-09
[flips] => 2011
[purchase_price] => 244641
[resale_price] => 309624
[gross_margin] => 64983
[flipcount_rank] => 31
[flipmargin_rank] => 29
[counties] => 29
[zip_population] => 28936
[zip_rank] => 40
[state_population] => 3161105
[state_rank] => 30
[state_difference] => 1.868668
[list_prices] => "189900,190000,189900,199000,199500,190000,198500,194950,185000,181900,179900,172100,170000,170000,169900,169500,175500,172000,179700,175000,179900,179900,185000,189000,189950,184900,189450,184900,173000,174950,187450,189900,189450,186900,184422.5,180000,175640,184000,202000,202000,199900,201000,210000,215000,215000,219000,219900,219000,219000,214900,217900,214900,207000,214900,217000,222000,224000,231000,229900,230000,231000,233000,229900,224900,215000,224950,219900,225000,229800,230000,229000,226950,233875,238950,235000,242450,239900,248500,248500,259000,250000,249900,255000,255000,252500,242950,264250,264250,264900,264950,277000,277000,279900,279900,289000,289950,280000,289000,289950,290000,284900,289900,302450,305000,294800,288000,299999.5,324499.5,319450,330000,319999,324000,320000,324900,320000,317000,315000,309949.5,309000,314900"
[list_prices_exploded] => Array
(
[0] => 189900
[1] => 190000
[2] => 189900
[3] => 199000
[4] => 199500
[5] => 190000
[6] => 198500
[7] => 194950
[8] => 185000
[9] => 181900
[10] => 179900
[11] => 172100
[12] => 170000
[13] => 170000
[14] => 169900
[15] => 169500
[16] => 175500
[17] => 172000
[18] => 179700
[19] => 175000
[20] => 179900
[21] => 179900
[22] => 185000
[23] => 189000
[24] => 189950
[25] => 184900
[26] => 189450
[27] => 184900
[28] => 173000
[29] => 174950
[30] => 187450
[31] => 189900
[32] => 189450
[33] => 186900
[34] => 184422.5
[35] => 180000
[36] => 175640
[37] => 184000
[38] => 202000
[39] => 202000
[40] => 199900
[41] => 201000
[42] => 210000
[43] => 215000
[44] => 215000
[45] => 219000
[46] => 219900
[47] => 219000
[48] => 219000
[49] => 214900
[50] => 217900
[51] => 214900
[52] => 207000
[53] => 214900
[54] => 217000
[55] => 222000
[56] => 224000
[57] => 231000
[58] => 229900
[59] => 230000
[60] => 231000
[61] => 233000
[62] => 229900
[63] => 224900
[64] => 215000
[65] => 224950
[66] => 219900
[67] => 225000
[68] => 229800
[69] => 230000
[70] => 229000
[71] => 226950
[72] => 233875
[73] => 238950
[74] => 235000
[75] => 242450
[76] => 239900
[77] => 248500
[78] => 248500
[79] => 259000
[80] => 250000
[81] => 249900
[82] => 255000
[83] => 255000
[84] => 252500
[85] => 242950
[86] => 264250
[87] => 264250
[88] => 264900
[89] => 264950
[90] => 277000
[91] => 277000
[92] => 279900
[93] => 279900
[94] => 289000
[95] => 289950
[96] => 280000
[97] => 289000
[98] => 289950
[99] => 290000
[100] => 284900
[101] => 289900
[102] => 302450
[103] => 305000
[104] => 294800
[105] => 288000
[106] => 299999.5
[107] => 324499.5
[108] => 319450
[109] => 330000
[110] => 319999
[111] => 324000
[112] => 320000
[113] => 324900
[114] => 320000
[115] => 317000
[116] => 315000
[117] => 309949.5
[118] => 309000
[119] => 314900
)
)
Array
(
[county_name] => Salt Lake
[state] => Utah
[state_fips] => 49
[county_fips] => 49035
[dma] => 770
[metro_name] => Salt Lake City, UT
[cbsa_name] => Salt Lake City, UT
[county_region_id_zillow] => 2840
[metro_region_id_zillow] => 395053
[fips] => 49035
[cbsa_code] => 41620
[population_prior] => 1137820
[population] => 1152633
[rank] => 1
[difference] => 1.301875516
[region_id] => 2840
[sale_counts] => "1513,1406,1268,1239,1192,1161,1195,1169,1078,989,965,1048,1038,1020,993,1064,1129,1127,1107,1134,1280,1296,1237,1142,1164,1260,1270,1190,1021,886,835,853,912,992,1096,1123,1134,1079,1060,1026,1032,1049,1099,1122,1152,1141,1232,1365,1390,1362,1256,1196,1099,1119,1170,1255,1341,1400,1515,1475,1456,1424,1460,1484,1486,1463,1449,1391,1347,1341,1405,1428,1407,1325,1324,1343,1384,1347,1384,1421,1430,1468,1481,1556,1634,1664,1667,1648,1687,1693,1699,1600,1562,1560,1660,1761,1741,1731,1725,1780,1764,1795,1825,1842,1855,1814,1853,1862,1879,1807,1759,1758,1737,1748,1702,1792,1840,1844,1915,1940,1980,1860,1766,1771,1769,1801,1744,1765,1791,1775,1798,1725,1688,1667,1708,1726,1730,1710,1770,1804,1825,"
[county] => Salt Lake
[flips] => 708
[purchase_price] => 261150
[resale_price] => 344785
[gross_margin] => 83635
[flipcount_rank] => 1
[flipmargin_rank] => 4
[sale_counts_exploded] => Array
(
[0] => 1513
[1] => 1406
[2] => 1268
[3] => 1239
[4] => 1192
[5] => 1161
[6] => 1195
[7] => 1169
[8] => 1078
[9] => 989
[10] => 965
[11] => 1048
[12] => 1038
[13] => 1020
[14] => 993
[15] => 1064
[16] => 1129
[17] => 1127
[18] => 1107
[19] => 1134
[20] => 1280
[21] => 1296
[22] => 1237
[23] => 1142
[24] => 1164
[25] => 1260
[26] => 1270
[27] => 1190
[28] => 1021
[29] => 886
[30] => 835
[31] => 853
[32] => 912
[33] => 992
[34] => 1096
[35] => 1123
[36] => 1134
[37] => 1079
[38] => 1060
[39] => 1026
[40] => 1032
[41] => 1049
[42] => 1099
[43] => 1122
[44] => 1152
[45] => 1141
[46] => 1232
[47] => 1365
[48] => 1390
[49] => 1362
[50] => 1256
[51] => 1196
[52] => 1099
[53] => 1119
[54] => 1170
[55] => 1255
[56] => 1341
[57] => 1400
[58] => 1515
[59] => 1475
[60] => 1456
[61] => 1424
[62] => 1460
[63] => 1484
[64] => 1486
[65] => 1463
[66] => 1449
[67] => 1391
[68] => 1347
[69] => 1341
[70] => 1405
[71] => 1428
[72] => 1407
[73] => 1325
[74] => 1324
[75] => 1343
[76] => 1384
[77] => 1347
[78] => 1384
[79] => 1421
[80] => 1430
[81] => 1468
[82] => 1481
[83] => 1556
[84] => 1634
[85] => 1664
[86] => 1667
[87] => 1648
[88] => 1687
[89] => 1693
[90] => 1699
[91] => 1600
[92] => 1562
[93] => 1560
[94] => 1660
[95] => 1761
[96] => 1741
[97] => 1731
[98] => 1725
[99] => 1780
[100] => 1764
[101] => 1795
[102] => 1825
[103] => 1842
[104] => 1855
[105] => 1814
[106] => 1853
[107] => 1862
[108] => 1879
[109] => 1807
[110] => 1759
[111] => 1758
[112] => 1737
[113] => 1748
[114] => 1702
[115] => 1792
[116] => 1840
[117] => 1844
[118] => 1915
[119] => 1940
[120] => 1980
[121] => 1860
[122] => 1766
[123] => 1771
[124] => 1769
[125] => 1801
[126] => 1744
[127] => 1765
[128] => 1791
[129] => 1775
[130] => 1798
[131] => 1725
[132] => 1688
[133] => 1667
[134] => 1708
[135] => 1726
[136] => 1730
[137] => 1710
[138] => 1770
[139] => 1804
[140] => 1825
[141] =>
)
)