House Flipping Report
Neighborhood Data
Portland, OR 97239
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 Portland, OR . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Multnomah County , we've been able to rank it against its peer counties within Oregon. To provide an even fuller picture, we also ranked Oregon against all other US states.
Region
Rank in # of Flips
Rank in Flip Profit
Oregon
#25th in US
#19th in US
Multnomah County
#1st in OR
#7th in OR
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
$ 575,000
-0% YoY Change
Latest Monthly Sales Count
1,106
List Price /sqft
$342
0.05% from last quarter
Reduced Listings /Month
28
-0.13% from last quarter
Average Home Sqft
$2,099
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 Multnomah County . This is a good sign that flipping a house here will be successful.
Region
Population
Change YoY
Rank
Oregon
4,190,713
1.06%
#27th in US
Multnomah County
811,880
0.38%
#1st in OR
97239
14,150
#98th in OR
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] => 31804
[country] => USA
[zip] => 97239
[city] => Portland
[state] => Oregon
[state_abbr] => OR
[county] => Multnomah
[dma] => 820
[latitude] => 45.488
[longitude] => -122.693
[timezone] => -8
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 97239
[zip_name] => portland, or
[flag] => *
[median_listing_price] => 642050
[median_listing_price_mm] => 0.0974
[median_listing_price_yy] => 0.0267
[active_listing_count] => 62
[active_listing_count_mm] => -0.2955
[active_listing_count_yy] =>
[median_days_on_market] => 84
[median_days_on_market_mm] => 0.2174
[median_days_on_market_yy] => 0.0244
[new_listing_count] => 0
[new_listing_count_mm] => -1
[new_listing_count_yy] => -1
[price_increased_count] => 4
[price_increased_count_mm] => 0
[price_increased_count_yy] =>
[price_reduced_count] => 28
[price_reduced_count_mm] => -0.125
[price_reduced_count_yy] => 0.75
[pending_listing_count] => 31
[pending_listing_count_mm] => 0.1481
[pending_listing_count_yy] =>
[median_listing_price_per_square_feet] => 342
[median_listing_price_per_square_feet_mm] => 0.0547
[median_listing_price_per_square_feet_yy] => 0.1114
[median_square_feet] => 2099
[median_square_feet_mm] => -0.0203
[median_square_feet_yy] => 0.0828
[average_listing_price] => 777917
[average_listing_price_mm] => -0.04
[average_listing_price_yy] => 0.0136
[total_listing_count] => 93
[total_listing_count_mm] => -0.1913
[total_listing_count_yy] => 0.5
[pending_ratio_mm] => 0.1932
[pending_ratio_yy] => 0.5
[RegionID] => 99149
[RegionName] => 97239
[State] => OR
[Metro] => Portland-Vancouver-Hillsboro
[County] => Multnomah County
[City] => Portland
[SizeRank] => 481
[Zhvi] => 541600
[MoM] => 0.000184672
[QoQ] => -0.00459474
[YoY] => -0.00367918
[5Year] => 0.0613752
[10Year] => 0.0414856
[PeakMonth] => 2019-03
[PeakQuarter] => 2019-Q1
[PeakZHVI] => 548200
[PctFallFromPeak] => -0.0120394
[LastTimeAtCurrZHVI] => 2018-12
[flips] => 3095
[purchase_price] => 242478
[resale_price] => 323899
[gross_margin] => 81421
[flipcount_rank] => 25
[flipmargin_rank] => 19
[counties] => 36
[zip_population] => 14150
[zip_rank] => 98
[state_population] => 4190713
[state_rank] => 27
[state_difference] => 1.064030
[list_prices] => "416950,395000,377000,371475,391950,372425,359900,366950,344000,350000,325000,339000,319000,319500,325000,322500,320000,329900,327000,320000,349000,392500,395000,384500,379900,388450,425000,449000,419000,415000,429450,425000,389000,390000,379950,397000,415000,419000,419450,399950,409900,412400,409450,419500,415000,399947.5,405000,449000,437500,449450,446200,432000,425000,425000,429900,435000,418950,418000,399999,424900,470000,447450,447000,464000,492200,472450,499000,529949.5,484644,499000,529000,525000,565000,572250,550000,550000,547250,565000,538000,540000,538000,575000,589900,595000,625000,637000,592450,649900,649000,649000,617000,604499.5,649950,602000,550000,523000,525000,545000,545000,554500,549999,565232,549999.5,565000,587000,589000,549900,549900,571950,547450,569000,569900,575000,577450,589000,565000,550000,575000,585000,575000"
[list_prices_exploded] => Array
(
[0] => 416950
[1] => 395000
[2] => 377000
[3] => 371475
[4] => 391950
[5] => 372425
[6] => 359900
[7] => 366950
[8] => 344000
[9] => 350000
[10] => 325000
[11] => 339000
[12] => 319000
[13] => 319500
[14] => 325000
[15] => 322500
[16] => 320000
[17] => 329900
[18] => 327000
[19] => 320000
[20] => 349000
[21] => 392500
[22] => 395000
[23] => 384500
[24] => 379900
[25] => 388450
[26] => 425000
[27] => 449000
[28] => 419000
[29] => 415000
[30] => 429450
[31] => 425000
[32] => 389000
[33] => 390000
[34] => 379950
[35] => 397000
[36] => 415000
[37] => 419000
[38] => 419450
[39] => 399950
[40] => 409900
[41] => 412400
[42] => 409450
[43] => 419500
[44] => 415000
[45] => 399947.5
[46] => 405000
[47] => 449000
[48] => 437500
[49] => 449450
[50] => 446200
[51] => 432000
[52] => 425000
[53] => 425000
[54] => 429900
[55] => 435000
[56] => 418950
[57] => 418000
[58] => 399999
[59] => 424900
[60] => 470000
[61] => 447450
[62] => 447000
[63] => 464000
[64] => 492200
[65] => 472450
[66] => 499000
[67] => 529949.5
[68] => 484644
[69] => 499000
[70] => 529000
[71] => 525000
[72] => 565000
[73] => 572250
[74] => 550000
[75] => 550000
[76] => 547250
[77] => 565000
[78] => 538000
[79] => 540000
[80] => 538000
[81] => 575000
[82] => 589900
[83] => 595000
[84] => 625000
[85] => 637000
[86] => 592450
[87] => 649900
[88] => 649000
[89] => 649000
[90] => 617000
[91] => 604499.5
[92] => 649950
[93] => 602000
[94] => 550000
[95] => 523000
[96] => 525000
[97] => 545000
[98] => 545000
[99] => 554500
[100] => 549999
[101] => 565232
[102] => 549999.5
[103] => 565000
[104] => 587000
[105] => 589000
[106] => 549900
[107] => 549900
[108] => 571950
[109] => 547450
[110] => 569000
[111] => 569900
[112] => 575000
[113] => 577450
[114] => 589000
[115] => 565000
[116] => 550000
[117] => 575000
[118] => 585000
[119] => 575000
)
)
Array
(
[county_name] => Multnomah
[state] => Oregon
[state_fips] => 41
[county_fips] => 41051
[dma] => 820
[metro_name] => Portland, OR
[cbsa_name] => Portland-Vancouver-Hillsboro, OR-WA
[county_region_id_zillow] => 2810
[metro_region_id_zillow] => 394998
[fips] => 41051
[cbsa_code] => 38900
[population_prior] => 808781
[population] => 811880
[rank] => 1
[difference] => 0.383169239
[region_id] => 2810
[sale_counts] => "945,908,839,803,804,763,733,695,646,598,568,604,631,640,603,638,708,775,786,824,893,878,836,775,837,877,915,877,772,661,608,596,653,702,796,828,849,818,782,754,742,736,710,682,698,729,804,864,856,838,827,864,861,879,879,905,911,898,915,920,958,969,1011,1030,1080,1060,1055,1021,1002,964,985,1020,1054,1039,1010,1043,1061,1060,1056,1065,1085,1088,1099,1136,1168,1221,1225,1281,1312,1320,1308,1255,1255,1232,1277,1315,1355,1295,1266,1233,1221,1213,1212,1208,1240,1251,1337,1333,1308,1198,1167,1160,1184,1194,1175,1165,1175,1181,1212,1201,1194,1152,1121,1116,1120,1105,1034,1008,998,986,1003,1021,1072,1064,1005,961,998,1032,1063,1054,1075,1106"
[county] => Multnomah
[flips] => 670
[purchase_price] => 288855
[resale_price] => 383695
[gross_margin] => 94840
[flipcount_rank] => 1
[flipmargin_rank] => 7
[sale_counts_exploded] => Array
(
[0] => 945
[1] => 908
[2] => 839
[3] => 803
[4] => 804
[5] => 763
[6] => 733
[7] => 695
[8] => 646
[9] => 598
[10] => 568
[11] => 604
[12] => 631
[13] => 640
[14] => 603
[15] => 638
[16] => 708
[17] => 775
[18] => 786
[19] => 824
[20] => 893
[21] => 878
[22] => 836
[23] => 775
[24] => 837
[25] => 877
[26] => 915
[27] => 877
[28] => 772
[29] => 661
[30] => 608
[31] => 596
[32] => 653
[33] => 702
[34] => 796
[35] => 828
[36] => 849
[37] => 818
[38] => 782
[39] => 754
[40] => 742
[41] => 736
[42] => 710
[43] => 682
[44] => 698
[45] => 729
[46] => 804
[47] => 864
[48] => 856
[49] => 838
[50] => 827
[51] => 864
[52] => 861
[53] => 879
[54] => 879
[55] => 905
[56] => 911
[57] => 898
[58] => 915
[59] => 920
[60] => 958
[61] => 969
[62] => 1011
[63] => 1030
[64] => 1080
[65] => 1060
[66] => 1055
[67] => 1021
[68] => 1002
[69] => 964
[70] => 985
[71] => 1020
[72] => 1054
[73] => 1039
[74] => 1010
[75] => 1043
[76] => 1061
[77] => 1060
[78] => 1056
[79] => 1065
[80] => 1085
[81] => 1088
[82] => 1099
[83] => 1136
[84] => 1168
[85] => 1221
[86] => 1225
[87] => 1281
[88] => 1312
[89] => 1320
[90] => 1308
[91] => 1255
[92] => 1255
[93] => 1232
[94] => 1277
[95] => 1315
[96] => 1355
[97] => 1295
[98] => 1266
[99] => 1233
[100] => 1221
[101] => 1213
[102] => 1212
[103] => 1208
[104] => 1240
[105] => 1251
[106] => 1337
[107] => 1333
[108] => 1308
[109] => 1198
[110] => 1167
[111] => 1160
[112] => 1184
[113] => 1194
[114] => 1175
[115] => 1165
[116] => 1175
[117] => 1181
[118] => 1212
[119] => 1201
[120] => 1194
[121] => 1152
[122] => 1121
[123] => 1116
[124] => 1120
[125] => 1105
[126] => 1034
[127] => 1008
[128] => 998
[129] => 986
[130] => 1003
[131] => 1021
[132] => 1072
[133] => 1064
[134] => 1005
[135] => 961
[136] => 998
[137] => 1032
[138] => 1063
[139] => 1054
[140] => 1075
[141] => 1106
)
)