House Flipping Report
Neighborhood Data
North Las Vegas, NV 89031
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 North Las Vegas, NV . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Clark County , we've been able to rank it against its peer counties within Nevada. To provide an even fuller picture, we also ranked Nevada against all other US states.
Region
Rank in # of Flips
Rank in Flip Profit
Nevada
#20th in US
#43rd in US
Clark County
#1st in NV
#10th in NV
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
$ 285,000
0.05% YoY Change
Latest Monthly Sales Count
4,515
List Price /sqft
$158
0.02% from last quarter
Reduced Listings /Month
48
-0.29% from last quarter
Average Home Sqft
$1,822
-0.01% 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 Clark County . This is a good sign that flipping a house here will be successful.
Region
Population
Change YoY
Rank
Nevada
3,034,392
2.09%
#32nd in US
Clark County
2,231,647
2.21%
#1st in NV
89031
60,589
#4th in NV
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] => 26481
[country] => USA
[zip] => 89031
[city] => North Las Vegas
[state] => Nevada
[state_abbr] => NV
[county] => Clark
[dma] => 839
[latitude] => 36.2581
[longitude] => -115.168
[timezone] => -8
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 89031
[zip_name] => north las vegas, nv
[flag] =>
[median_listing_price] => 285050
[median_listing_price_mm] => -0.0172
[median_listing_price_yy] => 0.0252
[active_listing_count] => 214
[active_listing_count_mm] => -0.1046
[active_listing_count_yy] => 0.1568
[median_days_on_market] => 49.5
[median_days_on_market_mm] => 0.1
[median_days_on_market_yy] => 0.1786
[new_listing_count] => 76
[new_listing_count_mm] => -0.1364
[new_listing_count_yy] => 0.1875
[price_increased_count] => 8
[price_increased_count_mm] => -0.3333
[price_increased_count_yy] =>
[price_reduced_count] => 48
[price_reduced_count_mm] => -0.2941
[price_reduced_count_yy] => -0.0769
[pending_listing_count] => 0
[pending_listing_count_mm] =>
[pending_listing_count_yy] => -1
[median_listing_price_per_square_feet] => 158
[median_listing_price_per_square_feet_mm] => 0.0155
[median_listing_price_per_square_feet_yy] => 0.0223
[median_square_feet] => 1822
[median_square_feet_mm] => -0.0146
[median_square_feet_yy] => -0.0082
[average_listing_price] => 301545
[average_listing_price_mm] => 0.0037
[average_listing_price_yy] => 0.0479
[total_listing_count] => 214
[total_listing_count_mm] => -0.1046
[total_listing_count_yy] => 0
[pending_ratio_mm] => 0
[pending_ratio_yy] => -0.1459
[RegionID] => 95770
[RegionName] => 89031
[State] => NV
[Metro] => Las Vegas-Henderson-Paradise
[County] => Clark County
[City] => North Las Vegas
[SizeRank] => 333
[Zhvi] => 266300
[MoM] => -0.00149981
[QoQ] => -0.00336826
[YoY] => 0.0471884
[5Year] => 0.100869
[10Year] => 0.0755064
[PeakMonth] => 2006-06
[PeakQuarter] => 2006-Q2
[PeakZHVI] => 300600
[PctFallFromPeak] => -0.114105
[LastTimeAtCurrZHVI] => 2004-12
[flips] => 5221
[purchase_price] => 228711
[resale_price] => 274188
[gross_margin] => 45477
[flipcount_rank] => 20
[flipmargin_rank] => 43
[counties] => 17
[zip_population] => 60589
[zip_rank] => 4
[state_population] => 3034392
[state_rank] => 32
[state_difference] => 2.085415
[list_prices] => "120124,122500,124800,124000,124900,124000,120000,118900,115000,114900,114900,110000,110000,109900,108000,105000,104500,104900,101000,99900,1.00E+05,99900,99900,99000,99000,99900,98997.5,98100,99900,106700,105000,105000,108000,110000,110000,115000,119500,125000,125000,129900,130000,138000,140000,149900,150000,150000,156500,155000,159900,160000,162983.5,164900,165000,169900,169900,173000,171000,170000,175000,174900,175000,179000,179900,182000,180000,180000,184900,189000,189000,187000,190000,189957.5,190650,193500,195000,194999.5,195000,199000,199900,2.00E+05,205000,209900,210000,214900,210000,214900,214279.5,219900,225000,229900,235000,232000,235000,235000,239000,239990,240000,250000,250000,259800,260000,265000,269900,269900,275000,275000,275000,275000,275000,279700,282500,280000,280000,279900,278900,279700,283495,281115.5,280000,285000"
[list_prices_exploded] => Array
(
[0] => 120124
[1] => 122500
[2] => 124800
[3] => 124000
[4] => 124900
[5] => 124000
[6] => 120000
[7] => 118900
[8] => 115000
[9] => 114900
[10] => 114900
[11] => 110000
[12] => 110000
[13] => 109900
[14] => 108000
[15] => 105000
[16] => 104500
[17] => 104900
[18] => 101000
[19] => 99900
[20] => 1.00E+05
[21] => 99900
[22] => 99900
[23] => 99000
[24] => 99000
[25] => 99900
[26] => 98997.5
[27] => 98100
[28] => 99900
[29] => 106700
[30] => 105000
[31] => 105000
[32] => 108000
[33] => 110000
[34] => 110000
[35] => 115000
[36] => 119500
[37] => 125000
[38] => 125000
[39] => 129900
[40] => 130000
[41] => 138000
[42] => 140000
[43] => 149900
[44] => 150000
[45] => 150000
[46] => 156500
[47] => 155000
[48] => 159900
[49] => 160000
[50] => 162983.5
[51] => 164900
[52] => 165000
[53] => 169900
[54] => 169900
[55] => 173000
[56] => 171000
[57] => 170000
[58] => 175000
[59] => 174900
[60] => 175000
[61] => 179000
[62] => 179900
[63] => 182000
[64] => 180000
[65] => 180000
[66] => 184900
[67] => 189000
[68] => 189000
[69] => 187000
[70] => 190000
[71] => 189957.5
[72] => 190650
[73] => 193500
[74] => 195000
[75] => 194999.5
[76] => 195000
[77] => 199000
[78] => 199900
[79] => 2.00E+05
[80] => 205000
[81] => 209900
[82] => 210000
[83] => 214900
[84] => 210000
[85] => 214900
[86] => 214279.5
[87] => 219900
[88] => 225000
[89] => 229900
[90] => 235000
[91] => 232000
[92] => 235000
[93] => 235000
[94] => 239000
[95] => 239990
[96] => 240000
[97] => 250000
[98] => 250000
[99] => 259800
[100] => 260000
[101] => 265000
[102] => 269900
[103] => 269900
[104] => 275000
[105] => 275000
[106] => 275000
[107] => 275000
[108] => 275000
[109] => 279700
[110] => 282500
[111] => 280000
[112] => 280000
[113] => 279900
[114] => 278900
[115] => 279700
[116] => 283495
[117] => 281115.5
[118] => 280000
[119] => 285000
)
)
Array
(
[county_name] => Clark
[state] => Nevada
[state_fips] => 32
[county_fips] => 32003
[dma] => 839
[metro_name] => Las Vegas, NV
[cbsa_name] => Las Vegas-Henderson-Paradise, NV
[county_region_id_zillow] => 445
[metro_region_id_zillow] => 394775
[fips] => 32003
[cbsa_code] => 29820
[population_prior] => 2183310
[population] => 2231647
[rank] => 1
[difference] => 2.213932057
[region_id] => 445
[sale_counts] => "2236,2268,2376,2469,2644,2745,3079,3300,3411,3364,3434,3593,3751,3779,3784,3877,3983,3992,4078,4188,4549,4708,4709,4362,4069,3766,3575,3423,3326,3391,3458,3524,3883,4070,4319,4279,4292,4115,3904,3748,3755,4030,4163,4313,4523,4655,4884,4874,4833,4500,4073,4081,3937,3951,3661,3871,4111,4273,4347,4322,4231,4172,3964,3792,3668,3588,3729,3718,3764,3699,3735,3625,3602,3525,3529,3602,3504,3530,3541,3587,3581,3539,3513,3586,3599,3690,3570,3696,3783,3863,3724,3591,3589,3755,3863,3953,3905,3945,4199,5227,6114,6887,7008,7019,7293,6802,5983,4746,4258,4142,4277,4204,4245,4217,4251,4385,4484,4432,4519,4424,4534,4420,4382,4237,4404,4443,4324,4168,4142,4056,3876,3662,3778,3889,4064,4002,4032,4016,4181,4324,4494,4515"
[county] => Clark
[flips] => 4387
[purchase_price] => 233841
[resale_price] => 269900
[gross_margin] => 36059
[flipcount_rank] => 1
[flipmargin_rank] => 10
[sale_counts_exploded] => Array
(
[0] => 2236
[1] => 2268
[2] => 2376
[3] => 2469
[4] => 2644
[5] => 2745
[6] => 3079
[7] => 3300
[8] => 3411
[9] => 3364
[10] => 3434
[11] => 3593
[12] => 3751
[13] => 3779
[14] => 3784
[15] => 3877
[16] => 3983
[17] => 3992
[18] => 4078
[19] => 4188
[20] => 4549
[21] => 4708
[22] => 4709
[23] => 4362
[24] => 4069
[25] => 3766
[26] => 3575
[27] => 3423
[28] => 3326
[29] => 3391
[30] => 3458
[31] => 3524
[32] => 3883
[33] => 4070
[34] => 4319
[35] => 4279
[36] => 4292
[37] => 4115
[38] => 3904
[39] => 3748
[40] => 3755
[41] => 4030
[42] => 4163
[43] => 4313
[44] => 4523
[45] => 4655
[46] => 4884
[47] => 4874
[48] => 4833
[49] => 4500
[50] => 4073
[51] => 4081
[52] => 3937
[53] => 3951
[54] => 3661
[55] => 3871
[56] => 4111
[57] => 4273
[58] => 4347
[59] => 4322
[60] => 4231
[61] => 4172
[62] => 3964
[63] => 3792
[64] => 3668
[65] => 3588
[66] => 3729
[67] => 3718
[68] => 3764
[69] => 3699
[70] => 3735
[71] => 3625
[72] => 3602
[73] => 3525
[74] => 3529
[75] => 3602
[76] => 3504
[77] => 3530
[78] => 3541
[79] => 3587
[80] => 3581
[81] => 3539
[82] => 3513
[83] => 3586
[84] => 3599
[85] => 3690
[86] => 3570
[87] => 3696
[88] => 3783
[89] => 3863
[90] => 3724
[91] => 3591
[92] => 3589
[93] => 3755
[94] => 3863
[95] => 3953
[96] => 3905
[97] => 3945
[98] => 4199
[99] => 5227
[100] => 6114
[101] => 6887
[102] => 7008
[103] => 7019
[104] => 7293
[105] => 6802
[106] => 5983
[107] => 4746
[108] => 4258
[109] => 4142
[110] => 4277
[111] => 4204
[112] => 4245
[113] => 4217
[114] => 4251
[115] => 4385
[116] => 4484
[117] => 4432
[118] => 4519
[119] => 4424
[120] => 4534
[121] => 4420
[122] => 4382
[123] => 4237
[124] => 4404
[125] => 4443
[126] => 4324
[127] => 4168
[128] => 4142
[129] => 4056
[130] => 3876
[131] => 3662
[132] => 3778
[133] => 3889
[134] => 4064
[135] => 4002
[136] => 4032
[137] => 4016
[138] => 4181
[139] => 4324
[140] => 4494
[141] => 4515
)
)