House Flipping Report
Neighborhood Data
Richfield, UT 84701
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 Richfield, UT . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Sevier 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
Sevier County
#10th in UT
#10th 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
$ 209,500
0.06% YoY Change
Latest Monthly Sales Count
Average Home Sqft
$2,388
-0.08% 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 Sevier 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
Sevier County
21,539
1.04%
#14th in UT
84701
8,692
#86th 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] => 38937
[country] => USA
[zip] => 84701
[city] => Richfield
[state] => Utah
[state_abbr] => UT
[county] => Sevier
[dma] => 770
[latitude] => 38.7188
[longitude] => -111.764
[timezone] => -7
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 84701
[zip_name] => richfield, ut
[flag] =>
[median_listing_price] => 209500
[median_listing_price_mm] => -0.0436
[median_listing_price_yy] => -0.0691
[active_listing_count] => 26
[active_listing_count_mm] => 0.0833
[active_listing_count_yy] => -0.1333
[median_days_on_market] => 103.5
[median_days_on_market_mm] => 0.1374
[median_days_on_market_yy] => 0.3269
[new_listing_count] => 4
[new_listing_count_mm] => 0
[new_listing_count_yy] => 0
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] =>
[price_reduced_count] => 0
[price_reduced_count_mm] => -1
[price_reduced_count_yy] =>
[pending_listing_count] => 6
[pending_listing_count_mm] => 0
[pending_listing_count_yy] => -0.4
[median_listing_price_per_square_feet] => 94
[median_listing_price_per_square_feet_mm] => 0.0047
[median_listing_price_per_square_feet_yy] => 0.0878
[median_square_feet] => 2388
[median_square_feet_mm] => -0.0181
[median_square_feet_yy] => -0.0783
[average_listing_price] => 260953
[average_listing_price_mm] => -0.0423
[average_listing_price_yy] => 0.1683
[total_listing_count] => 32
[total_listing_count_mm] => 0.0667
[total_listing_count_yy] => 0.2308
[pending_ratio_mm] => -0.0192
[pending_ratio_yy] => -0.1026
[RegionID] => 94645
[RegionName] => 84701
[State] => UT
[Metro] =>
[County] => Sevier County
[City] => Richfield
[SizeRank] => 978
[Zhvi] => 222400
[MoM] => 0.017849
[QoQ] => 0.017849
[YoY] => 0.0560304
[5Year] => 0.0524957
[10Year] => 0.0382481
[PeakMonth] => 2019-09
[PeakQuarter] => 2019-Q3
[PeakZHVI] => 222400
[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] => 8692
[zip_rank] => 86
[state_population] => 3161105
[state_rank] => 30
[state_difference] => 1.868668
[list_prices] => ",,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,212450,207250,208750,212000,204950,201250,199700,216500,227000,224900,224900,209500"
[list_prices_exploded] => Array
(
[0] =>
[1] =>
[2] =>
[3] =>
[4] =>
[5] =>
[6] =>
[7] =>
[8] =>
[9] =>
[10] =>
[11] =>
[12] =>
[13] =>
[14] =>
[15] =>
[16] =>
[17] =>
[18] =>
[19] =>
[20] =>
[21] =>
[22] =>
[23] =>
[24] =>
[25] =>
[26] =>
[27] =>
[28] =>
[29] =>
[30] =>
[31] =>
[32] =>
[33] =>
[34] =>
[35] =>
[36] =>
[37] =>
[38] =>
[39] =>
[40] =>
[41] =>
[42] =>
[43] =>
[44] =>
[45] =>
[46] =>
[47] =>
[48] =>
[49] =>
[50] =>
[51] =>
[52] =>
[53] =>
[54] =>
[55] =>
[56] =>
[57] =>
[58] =>
[59] =>
[60] =>
[61] =>
[62] =>
[63] =>
[64] =>
[65] =>
[66] =>
[67] =>
[68] =>
[69] =>
[70] =>
[71] =>
[72] =>
[73] =>
[74] =>
[75] =>
[76] =>
[77] =>
[78] =>
[79] =>
[80] =>
[81] =>
[82] =>
[83] =>
[84] =>
[85] =>
[86] =>
[87] =>
[88] =>
[89] =>
[90] =>
[91] =>
[92] =>
[93] =>
[94] =>
[95] =>
[96] =>
[97] =>
[98] =>
[99] =>
[100] =>
[101] =>
[102] =>
[103] =>
[104] =>
[105] =>
[106] =>
[107] =>
[108] => 212450
[109] => 207250
[110] => 208750
[111] => 212000
[112] => 204950
[113] => 201250
[114] => 199700
[115] => 216500
[116] => 227000
[117] => 224900
[118] => 224900
[119] => 209500
)
)
Array
(
[county_name] => Sevier
[state] => Utah
[state_fips] => 49
[county_fips] => 49041
[dma] => 770
[metro_name] =>
[cbsa_name] =>
[county_region_id_zillow] => 1377
[metro_region_id_zillow] =>
[fips] => 49041
[cbsa_code] =>
[population_prior] => 21317
[population] => 21539
[rank] => 14
[difference] => 1.041422339
[region_id] => 1377
[sale_counts] => "26,26,22,21,16,16,16,18,18,16,15,17,18,20,17,15,13,11,13,13,16,17,20,20,19,20,18,17,10,7,9,12,13,10,12,13,16,14,13,11,12,11,13,12,13,11,10,12,16,21,19,18,14,15,18,21,24,20,19,18,17,17,16,19,20,21,21,21,20,23,22,28,26,25,20,20,23,23,25,24,22,19,17,18,20,22,23,23,21,23,23,29,30,31,23,23,23,27,28,32,32,28,25,24,25,24,26,27,33,31,30,26,27,27,28,28,31,32,37,39,38,36,32,31,27,30,31,32,32,29,27,24,22,24,22,22,21,21,24,29,28,"
[county] => Sevier
[flips] => 29
[purchase_price] => 164141
[resale_price] => 212500
[gross_margin] => 48359
[flipcount_rank] => 10
[flipmargin_rank] => 10
[sale_counts_exploded] => Array
(
[0] => 26
[1] => 26
[2] => 22
[3] => 21
[4] => 16
[5] => 16
[6] => 16
[7] => 18
[8] => 18
[9] => 16
[10] => 15
[11] => 17
[12] => 18
[13] => 20
[14] => 17
[15] => 15
[16] => 13
[17] => 11
[18] => 13
[19] => 13
[20] => 16
[21] => 17
[22] => 20
[23] => 20
[24] => 19
[25] => 20
[26] => 18
[27] => 17
[28] => 10
[29] => 7
[30] => 9
[31] => 12
[32] => 13
[33] => 10
[34] => 12
[35] => 13
[36] => 16
[37] => 14
[38] => 13
[39] => 11
[40] => 12
[41] => 11
[42] => 13
[43] => 12
[44] => 13
[45] => 11
[46] => 10
[47] => 12
[48] => 16
[49] => 21
[50] => 19
[51] => 18
[52] => 14
[53] => 15
[54] => 18
[55] => 21
[56] => 24
[57] => 20
[58] => 19
[59] => 18
[60] => 17
[61] => 17
[62] => 16
[63] => 19
[64] => 20
[65] => 21
[66] => 21
[67] => 21
[68] => 20
[69] => 23
[70] => 22
[71] => 28
[72] => 26
[73] => 25
[74] => 20
[75] => 20
[76] => 23
[77] => 23
[78] => 25
[79] => 24
[80] => 22
[81] => 19
[82] => 17
[83] => 18
[84] => 20
[85] => 22
[86] => 23
[87] => 23
[88] => 21
[89] => 23
[90] => 23
[91] => 29
[92] => 30
[93] => 31
[94] => 23
[95] => 23
[96] => 23
[97] => 27
[98] => 28
[99] => 32
[100] => 32
[101] => 28
[102] => 25
[103] => 24
[104] => 25
[105] => 24
[106] => 26
[107] => 27
[108] => 33
[109] => 31
[110] => 30
[111] => 26
[112] => 27
[113] => 27
[114] => 28
[115] => 28
[116] => 31
[117] => 32
[118] => 37
[119] => 39
[120] => 38
[121] => 36
[122] => 32
[123] => 31
[124] => 27
[125] => 30
[126] => 31
[127] => 32
[128] => 32
[129] => 29
[130] => 27
[131] => 24
[132] => 22
[133] => 24
[134] => 22
[135] => 22
[136] => 21
[137] => 21
[138] => 24
[139] => 29
[140] => 28
[141] =>
)
)