Silver City, NM 88062

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 Silver City, NM. If these factors exist, there is a good chance that a successful flip is possible.

By looking at recent sales data in Grant County, we've been able to rank it against its peer counties within New Mexico. To provide an even fuller picture, we also ranked New Mexico against all other US states.

Region Rank in # of Flips Rank in Flip Profit
New Mexico #42nd in US
#47th in US
Grant County #20th in NM
#16th in NM

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.

88062 Historical Monthly Listing Prices

No Data Available

Grant Historical Monthly Home Sales

No Data Available

Population Rank

In order to successfully flip houses, you need the population of the area to be trending northward, which does not appear to be the case with Grant County. This does not mean a flip wouldn't be successful, but it may be slightly harder to find a buyer.

Region Population Change YoY Rank
New Mexico 2,095,428 0.1% #36th in US
Grant County 27,346 -1.25% #16th in NM
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.

Array
(
    [zip_id] => 26173
    [country] => USA
    [zip] => 88062
    [city] => Silver City
    [state] => New Mexico
    [state_abbr] => NM
    [county] => Grant
    [dma] => 790
    [latitude] => 32.7705
    [longitude] => -108.281
    [timezone] => -7
    [timezone_dst] => 1
    [dttm] => 
    [postal_code] => 
    [zip_name] => 
    [flag] => 
    [median_listing_price] => 
    [median_listing_price_mm] => 
    [median_listing_price_yy] => 
    [active_listing_count] => 
    [active_listing_count_mm] => 
    [active_listing_count_yy] => 
    [median_days_on_market] => 
    [median_days_on_market_mm] => 
    [median_days_on_market_yy] => 
    [new_listing_count] => 
    [new_listing_count_mm] => 
    [new_listing_count_yy] => 
    [price_increased_count] => 
    [price_increased_count_mm] => 
    [price_increased_count_yy] => 
    [price_reduced_count] => 
    [price_reduced_count_mm] => 
    [price_reduced_count_yy] => 
    [pending_listing_count] => 
    [pending_listing_count_mm] => 
    [pending_listing_count_yy] => 
    [median_listing_price_per_square_feet] => 
    [median_listing_price_per_square_feet_mm] => 
    [median_listing_price_per_square_feet_yy] => 
    [median_square_feet] => 
    [median_square_feet_mm] => 
    [median_square_feet_yy] => 
    [average_listing_price] => 
    [average_listing_price_mm] => 
    [average_listing_price_yy] => 
    [total_listing_count] => 
    [total_listing_count_mm] => 
    [total_listing_count_yy] => 
    [pending_ratio_mm] => 
    [pending_ratio_yy] => 
    [RegionID] => 
    [RegionName] => 
    [State] => 
    [Metro] => 
    [County] => 
    [City] => 
    [SizeRank] => 
    [Zhvi] => 
    [MoM] => 
    [QoQ] => 
    [YoY] => 
    [5Year] => 
    [10Year] => 
    [PeakMonth] => 
    [PeakQuarter] => 
    [PeakZHVI] => 
    [PctFallFromPeak] => 
    [LastTimeAtCurrZHVI] => 
    [flips] => 433
    [purchase_price] => 188545
    [resale_price] => 225783
    [gross_margin] => 37238
    [flipcount_rank] => 42
    [flipmargin_rank] => 47
    [counties] => 33
    [zip_population] => 
    [zip_rank] => 
    [state_population] => 2095428
    [state_rank] => 36
    [state_difference] => 0.097114
    [list_prices] => 
    [list_prices_exploded] => Array
        (
            [0] => 
        )

)
Array
(
    [county_name] => Grant
    [state] => New Mexico
    [state_fips] => 35
    [county_fips] => 35017
    [dma] => 790
    [metro_name] => Silver City, NM
    [cbsa_name] => Silver City, NM
    [county_region_id_zillow] => 538
    [metro_region_id_zillow] => 395100
    [fips] => 35017
    [cbsa_code] => 43500
    [population_prior] => 27692
    [population] => 27346
    [rank] => 16
    [difference] => -1.249458327
    [region_id] => 
    [sale_counts] => 
    [county] => Grant
    [flips] => 0
    [purchase_price] => 0
    [resale_price] => 0
    [gross_margin] => 0
    [flipcount_rank] => 20
    [flipmargin_rank] => 16
    [sale_counts_exploded] => Array
        (
            [0] => 
        )

)

Flip Market uses data engineering + AI to help businesses and individuals successfully flip homes.

© 2024 Flip Market  •  Our Methodology  •  Contact  •  Privacy Policy