House Flipping Report
Neighborhood Data
Las Vegas, NV 89141
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 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
$ 407,450
0.01% YoY Change
Latest Monthly Sales Count
4,515
List Price /sqft
$177
-0.02% from last quarter
Reduced Listings /Month
20
-0.5% from last quarter
Average Home Sqft
$2,666
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
89141
25,150
#48th 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] => 26531
[country] => USA
[zip] => 89141
[city] => Las Vegas
[state] => Nevada
[state_abbr] => NV
[county] => Clark
[dma] => 839
[latitude] => 35.9905
[longitude] => -115.212
[timezone] => -8
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 89141
[zip_name] => las vegas, nv
[flag] =>
[median_listing_price] => 429300
[median_listing_price_mm] => 0.0061
[median_listing_price_yy] => -0.0244
[active_listing_count] => 180
[active_listing_count_mm] => -0.1549
[active_listing_count_yy] => -0.0217
[median_days_on_market] => 67.5
[median_days_on_market_mm] => 0.1441
[median_days_on_market_yy] => 0.2054
[new_listing_count] => 28
[new_listing_count_mm] => -0.5
[new_listing_count_yy] => -0.5625
[price_increased_count] => 0
[price_increased_count_mm] => -1
[price_increased_count_yy] => -1
[price_reduced_count] => 20
[price_reduced_count_mm] => -0.5
[price_reduced_count_yy] => -0.5455
[pending_listing_count] => 0
[pending_listing_count_mm] =>
[pending_listing_count_yy] => -1
[median_listing_price_per_square_feet] => 177
[median_listing_price_per_square_feet_mm] => -0.0186
[median_listing_price_per_square_feet_yy] => 0.002
[median_square_feet] => 2666
[median_square_feet_mm] => 0.0106
[median_square_feet_yy] => 0.0129
[average_listing_price] => 899068
[average_listing_price_mm] => 0.0082
[average_listing_price_yy] => -0.0578
[total_listing_count] => 180
[total_listing_count_mm] => -0.1549
[total_listing_count_yy] => 0
[pending_ratio_mm] => 0
[pending_ratio_yy] => -0.0978
[RegionID] => 95837
[RegionName] => 89141
[State] => NV
[Metro] => Las Vegas-Henderson-Paradise
[County] => Clark County
[City] => Las Vegas
[SizeRank] => 320
[Zhvi] => 330100
[MoM] => -0.00121029
[QoQ] => -0.00841093
[YoY] => 0.00763126
[5Year] => 0.0600601
[10Year] => 0.0540497
[PeakMonth] => 2006-06
[PeakQuarter] => 2006-Q2
[PeakZHVI] => 405600
[PctFallFromPeak] => -0.186144
[LastTimeAtCurrZHVI] => 2004-10
[flips] => 5221
[purchase_price] => 228711
[resale_price] => 274188
[gross_margin] => 45477
[flipcount_rank] => 20
[flipmargin_rank] => 43
[counties] => 17
[zip_population] => 25150
[zip_rank] => 48
[state_population] => 3034392
[state_rank] => 32
[state_difference] => 2.085415
[list_prices] => "199900,199900,201422.5,199900,199532.5,197900,194950,185000,191000,184010,180000,179900,179137.5,179900,179950,174000,169995,170000,170000,174900,179999.5,174145,177000,184000,185000,189897.5,189900,190000,2.00E+05,2.00E+05,187000,187750,189900,189900,195940,199950,210000,195450,199900,208724,205400,225000,234950,229000,234900,245750,240000,249850,248950,240000,255000,258000,269000,274900,275000,270000,259000,269900,269999,285000,289900,289000,285000,298950,299000,309900,299777,295000,297500,299995,309349.5,314900,320000,314950,339900,339900,350000,349500,349000,349000,359000,349999,349900,345000,339995,338000,349500,351470,365495,369900,385250,385995,389990,389990,389500,384240,393950,390000,380740,388245,385888,375000,384900,399000,385000,389900,399844,399925,398000,390000,383999,378750,379000,384183.5,385500,387700,395000,399999.5,399999,407450"
[list_prices_exploded] => Array
(
[0] => 199900
[1] => 199900
[2] => 201422.5
[3] => 199900
[4] => 199532.5
[5] => 197900
[6] => 194950
[7] => 185000
[8] => 191000
[9] => 184010
[10] => 180000
[11] => 179900
[12] => 179137.5
[13] => 179900
[14] => 179950
[15] => 174000
[16] => 169995
[17] => 170000
[18] => 170000
[19] => 174900
[20] => 179999.5
[21] => 174145
[22] => 177000
[23] => 184000
[24] => 185000
[25] => 189897.5
[26] => 189900
[27] => 190000
[28] => 2.00E+05
[29] => 2.00E+05
[30] => 187000
[31] => 187750
[32] => 189900
[33] => 189900
[34] => 195940
[35] => 199950
[36] => 210000
[37] => 195450
[38] => 199900
[39] => 208724
[40] => 205400
[41] => 225000
[42] => 234950
[43] => 229000
[44] => 234900
[45] => 245750
[46] => 240000
[47] => 249850
[48] => 248950
[49] => 240000
[50] => 255000
[51] => 258000
[52] => 269000
[53] => 274900
[54] => 275000
[55] => 270000
[56] => 259000
[57] => 269900
[58] => 269999
[59] => 285000
[60] => 289900
[61] => 289000
[62] => 285000
[63] => 298950
[64] => 299000
[65] => 309900
[66] => 299777
[67] => 295000
[68] => 297500
[69] => 299995
[70] => 309349.5
[71] => 314900
[72] => 320000
[73] => 314950
[74] => 339900
[75] => 339900
[76] => 350000
[77] => 349500
[78] => 349000
[79] => 349000
[80] => 359000
[81] => 349999
[82] => 349900
[83] => 345000
[84] => 339995
[85] => 338000
[86] => 349500
[87] => 351470
[88] => 365495
[89] => 369900
[90] => 385250
[91] => 385995
[92] => 389990
[93] => 389990
[94] => 389500
[95] => 384240
[96] => 393950
[97] => 390000
[98] => 380740
[99] => 388245
[100] => 385888
[101] => 375000
[102] => 384900
[103] => 399000
[104] => 385000
[105] => 389900
[106] => 399844
[107] => 399925
[108] => 398000
[109] => 390000
[110] => 383999
[111] => 378750
[112] => 379000
[113] => 384183.5
[114] => 385500
[115] => 387700
[116] => 395000
[117] => 399999.5
[118] => 399999
[119] => 407450
)
)
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
)
)