House Flipping Report
Neighborhood Data
Corvallis, OR 97330
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 Corvallis, OR . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Benton 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
Benton County
#17th in OR
#19th 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
$ 398,500
-0% YoY Change
Latest Monthly Sales Count
104
List Price /sqft
$208
0.07% from last quarter
Reduced Listings /Month
12
-0.5% from last quarter
Average Home Sqft
$2,272
-0.03% 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 Benton 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
Benton County
92,101
0.58%
#11th in OR
97330
41,472
#15th 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] => 31329
[country] => USA
[zip] => 97330
[city] => Corvallis
[state] => Oregon
[state_abbr] => OR
[county] => Benton
[dma] => 801
[latitude] => 44.6421
[longitude] => -123.276
[timezone] => -8
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 97330
[zip_name] => corvallis, or
[flag] =>
[median_listing_price] => 437500
[median_listing_price_mm] => -0.0469
[median_listing_price_yy] => -0.1249
[active_listing_count] => 80
[active_listing_count_mm] => 0.039
[active_listing_count_yy] => 0.0959
[median_days_on_market] => 32.5
[median_days_on_market_mm] => -0.5486
[median_days_on_market_yy] => -0.6307
[new_listing_count] => 52
[new_listing_count_mm] => 1.6
[new_listing_count_yy] => 5.5
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] =>
[price_reduced_count] => 12
[price_reduced_count_mm] => -0.5
[price_reduced_count_yy] => 0
[pending_listing_count] => 29
[pending_listing_count_mm] => -0.275
[pending_listing_count_yy] => 0.2083
[median_listing_price_per_square_feet] => 208
[median_listing_price_per_square_feet_mm] => 0.0735
[median_listing_price_per_square_feet_yy] => 0.0268
[median_square_feet] => 2272
[median_square_feet_mm] => -0.0083
[median_square_feet_yy] => -0.0332
[average_listing_price] => 532262
[average_listing_price_mm] => -3.00E-0
[average_listing_price_yy] => -0.2673
[total_listing_count] => 109
[total_listing_count_mm] => -0.0684
[total_listing_count_yy] => 0.3625
[pending_ratio_mm] => -0.157
[pending_ratio_yy] => 0.0337
[RegionID] => 99199
[RegionName] => 97330
[State] => OR
[Metro] => Corvallis
[County] => Benton County
[City] => Corvallis
[SizeRank] => 984
[Zhvi] => 373100
[MoM] => 0.000536337
[QoQ] => -0.00639148
[YoY] => -0.00107095
[5Year] => 0.0714662
[10Year] => 0.0400631
[PeakMonth] => 2019-03
[PeakQuarter] => 2019-Q1
[PeakZHVI] => 383200
[PctFallFromPeak] => -0.026357
[LastTimeAtCurrZHVI] => 2018-09
[flips] => 3095
[purchase_price] => 242478
[resale_price] => 323899
[gross_margin] => 81421
[flipcount_rank] => 25
[flipmargin_rank] => 19
[counties] => 36
[zip_population] => 41472
[zip_rank] => 15
[state_population] => 4190713
[state_rank] => 27
[state_difference] => 1.064030
[list_prices] => "274950,274900,282000,286450,295000,295000,292500,295000,295000,293750,298000,299450,304900,304450,305000,299000,3.00E+05,285000,285900,288500,294900,289900,279500,266450,269900,280000,284900,282400,285000,298000,289900,299250,295497.5,299000,285000,295000,316950,324900,299950,315750,299000,299900,313500,309950,324900,289900,285000,288000,278900,299500,305000,282500,285300,309000,326000,326250,329000,319500,314600,318900,319900,320350,335000,357000,350000,359000,345000,348000,365000,358000,358950,354500,350000,359000,360000,359900,349950,368500,359900,370750,379000,372500,370750,357000,357000,369000,372500,374500,395000,386000,389900,384900,389700,399800,399850,399950,4.00E+05,395000,399900,4.00E+05,399000,414500,4.00E+05,407500,4.00E+05,395000,387000,395000,374900,375000,380000,379900,388250,389950,381000,389900,389900,389900,399400,398500"
[list_prices_exploded] => Array
(
[0] => 274950
[1] => 274900
[2] => 282000
[3] => 286450
[4] => 295000
[5] => 295000
[6] => 292500
[7] => 295000
[8] => 295000
[9] => 293750
[10] => 298000
[11] => 299450
[12] => 304900
[13] => 304450
[14] => 305000
[15] => 299000
[16] => 3.00E+05
[17] => 285000
[18] => 285900
[19] => 288500
[20] => 294900
[21] => 289900
[22] => 279500
[23] => 266450
[24] => 269900
[25] => 280000
[26] => 284900
[27] => 282400
[28] => 285000
[29] => 298000
[30] => 289900
[31] => 299250
[32] => 295497.5
[33] => 299000
[34] => 285000
[35] => 295000
[36] => 316950
[37] => 324900
[38] => 299950
[39] => 315750
[40] => 299000
[41] => 299900
[42] => 313500
[43] => 309950
[44] => 324900
[45] => 289900
[46] => 285000
[47] => 288000
[48] => 278900
[49] => 299500
[50] => 305000
[51] => 282500
[52] => 285300
[53] => 309000
[54] => 326000
[55] => 326250
[56] => 329000
[57] => 319500
[58] => 314600
[59] => 318900
[60] => 319900
[61] => 320350
[62] => 335000
[63] => 357000
[64] => 350000
[65] => 359000
[66] => 345000
[67] => 348000
[68] => 365000
[69] => 358000
[70] => 358950
[71] => 354500
[72] => 350000
[73] => 359000
[74] => 360000
[75] => 359900
[76] => 349950
[77] => 368500
[78] => 359900
[79] => 370750
[80] => 379000
[81] => 372500
[82] => 370750
[83] => 357000
[84] => 357000
[85] => 369000
[86] => 372500
[87] => 374500
[88] => 395000
[89] => 386000
[90] => 389900
[91] => 384900
[92] => 389700
[93] => 399800
[94] => 399850
[95] => 399950
[96] => 4.00E+05
[97] => 395000
[98] => 399900
[99] => 4.00E+05
[100] => 399000
[101] => 414500
[102] => 4.00E+05
[103] => 407500
[104] => 4.00E+05
[105] => 395000
[106] => 387000
[107] => 395000
[108] => 374900
[109] => 375000
[110] => 380000
[111] => 379900
[112] => 388250
[113] => 389950
[114] => 381000
[115] => 389900
[116] => 389900
[117] => 389900
[118] => 399400
[119] => 398500
)
)
Array
(
[county_name] => Benton
[state] => Oregon
[state_fips] => 41
[county_fips] => 41003
[dma] => 801
[metro_name] => Corvallis, OR
[cbsa_name] => Corvallis, OR
[county_region_id_zillow] => 870
[metro_region_id_zillow] => 394505
[fips] => 41003
[cbsa_code] => 18700
[population_prior] => 91567
[population] => 92101
[rank] => 11
[difference] => 0.58317953
[region_id] => 870
[sale_counts] => "80,71,71,69,72,63,61,58,58,55,52,60,57,55,47,54,60,63,64,65,72,71,69,68,78,74,69,66,61,61,45,50,47,59,68,74,68,58,54,53,59,60,57,55,60,67,76,70,70,60,61,57,60,65,68,68,68,78,92,98,91,80,81,86,91,88,87,81,81,78,78,81,80,83,80,84,85,85,84,87,91,100,99,98,101,103,108,104,108,106,110,103,97,91,93,103,108,107,99,99,94,98,98,102,104,108,126,130,126,106,94,92,92,97,97,102,100,95,108,117,117,106,98,102,101,106,99,98,95,97,106,108,101,88,83,95,92,92,87,89,90,104"
[county] => Benton
[flips] => 27
[purchase_price] => 259630
[resale_price] => 319674
[gross_margin] => 60044
[flipcount_rank] => 17
[flipmargin_rank] => 19
[sale_counts_exploded] => Array
(
[0] => 80
[1] => 71
[2] => 71
[3] => 69
[4] => 72
[5] => 63
[6] => 61
[7] => 58
[8] => 58
[9] => 55
[10] => 52
[11] => 60
[12] => 57
[13] => 55
[14] => 47
[15] => 54
[16] => 60
[17] => 63
[18] => 64
[19] => 65
[20] => 72
[21] => 71
[22] => 69
[23] => 68
[24] => 78
[25] => 74
[26] => 69
[27] => 66
[28] => 61
[29] => 61
[30] => 45
[31] => 50
[32] => 47
[33] => 59
[34] => 68
[35] => 74
[36] => 68
[37] => 58
[38] => 54
[39] => 53
[40] => 59
[41] => 60
[42] => 57
[43] => 55
[44] => 60
[45] => 67
[46] => 76
[47] => 70
[48] => 70
[49] => 60
[50] => 61
[51] => 57
[52] => 60
[53] => 65
[54] => 68
[55] => 68
[56] => 68
[57] => 78
[58] => 92
[59] => 98
[60] => 91
[61] => 80
[62] => 81
[63] => 86
[64] => 91
[65] => 88
[66] => 87
[67] => 81
[68] => 81
[69] => 78
[70] => 78
[71] => 81
[72] => 80
[73] => 83
[74] => 80
[75] => 84
[76] => 85
[77] => 85
[78] => 84
[79] => 87
[80] => 91
[81] => 100
[82] => 99
[83] => 98
[84] => 101
[85] => 103
[86] => 108
[87] => 104
[88] => 108
[89] => 106
[90] => 110
[91] => 103
[92] => 97
[93] => 91
[94] => 93
[95] => 103
[96] => 108
[97] => 107
[98] => 99
[99] => 99
[100] => 94
[101] => 98
[102] => 98
[103] => 102
[104] => 104
[105] => 108
[106] => 126
[107] => 130
[108] => 126
[109] => 106
[110] => 94
[111] => 92
[112] => 92
[113] => 97
[114] => 97
[115] => 102
[116] => 100
[117] => 95
[118] => 108
[119] => 117
[120] => 117
[121] => 106
[122] => 98
[123] => 102
[124] => 101
[125] => 106
[126] => 99
[127] => 98
[128] => 95
[129] => 97
[130] => 106
[131] => 108
[132] => 101
[133] => 88
[134] => 83
[135] => 95
[136] => 92
[137] => 92
[138] => 87
[139] => 89
[140] => 90
[141] => 104
)
)