House Flipping Report
Neighborhood Data
Depoe Bay, OR 97341
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 Depoe Bay, OR . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Lincoln 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
Lincoln County
#14th in OR
#4th 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
$ 449,900
0.05% YoY Change
Latest Monthly Sales Count
124
List Price /sqft
$245
even from last quarter
Reduced Listings /Month
4
-0.67% from last quarter
Average Home Sqft
$1,803
-0.04% 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 Lincoln 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
Lincoln County
49,388
1.16%
#18th in OR
97341
2,325
#14th 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] => 31562
[country] => USA
[zip] => 97341
[city] => Depoe Bay
[state] => Oregon
[state_abbr] => OR
[county] => Lincoln
[dma] => 820
[latitude] => 44.8396
[longitude] => -124.012
[timezone] => -8
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 97341
[zip_name] => depoe bay, or
[flag] =>
[median_listing_price] => 469550
[median_listing_price_mm] => 0.1737
[median_listing_price_yy] => 0.0457
[active_listing_count] => 66
[active_listing_count_mm] => -0.2235
[active_listing_count_yy] => -0.1646
[median_days_on_market] => 151
[median_days_on_market_mm] => 0.1353
[median_days_on_market_yy] => 0.1022
[new_listing_count] => 4
[new_listing_count_mm] => 0
[new_listing_count_yy] => 0
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] =>
[price_reduced_count] => 4
[price_reduced_count_mm] => -0.6667
[price_reduced_count_yy] =>
[pending_listing_count] => 18
[pending_listing_count_mm] => 0.3846
[pending_listing_count_yy] => 1.25
[median_listing_price_per_square_feet] => 245
[median_listing_price_per_square_feet_mm] => 0
[median_listing_price_per_square_feet_yy] => 0.0501
[median_square_feet] => 1803
[median_square_feet_mm] => 0.0309
[median_square_feet_yy] => -0.0379
[average_listing_price] => 529815
[average_listing_price_mm] => 0.0399
[average_listing_price_yy] => 0.0352
[total_listing_count] => 84
[total_listing_count_mm] => -0.1429
[total_listing_count_yy] => 0.2727
[pending_ratio_mm] => 0.1198
[pending_ratio_yy] => 0.1715
[RegionID] => 99206
[RegionName] => 97341
[State] => OR
[Metro] => Newport
[County] => Lincoln County
[City] => Depoe Bay
[SizeRank] => 121
[Zhvi] => 368000
[MoM] => 0.00409277
[QoQ] => 0.0171365
[YoY] => 0.0547435
[5Year] => 0.0569361
[10Year] => 0.0115426
[PeakMonth] => 2008-05
[PeakQuarter] => 2008-Q2
[PeakZHVI] => 384500
[PctFallFromPeak] => -0.0429129
[LastTimeAtCurrZHVI] => 2006-09
[flips] => 3095
[purchase_price] => 242478
[resale_price] => 323899
[gross_margin] => 81421
[flipcount_rank] => 25
[flipmargin_rank] => 19
[counties] => 36
[zip_population] => 2325
[zip_rank] => 214
[state_population] => 4190713
[state_rank] => 27
[state_difference] => 1.064030
[list_prices] => "465000,492000,475000,449000,449000,442900,399949.5,399000,395000,389250,375000,354900,349950,359000,359000,359000,356950,347250,349000,349500,359000,332950,299000,299000,298900,284000,289000,249450,269900,269900,279000,279900,274700,269900,253700,249450,253700,261250,265000,265000,275000,273000,275000,274900,275000,275000,275000,277450,273950,287000,287000,274900,274950,299000,312000,307000,308000,3.00E+05,299250,304450,291500,299700,299500,299500,325000,327450,349750,347500,343950,343000,330000,325000,325000,314900,330000,349000,379000,383500,369900,359000,375000,381999.5,395000,390000,393250,425000,429000,450000,450000,450000,409000,400500,408987.5,425000,425000,437000,437000,437000,449000,454000,448000,448000,418000,405500,412000,406500,425000,399000,441000,450000,429500,423900,419450,415000,404450,399000,404450,399950,429000,449900"
[list_prices_exploded] => Array
(
[0] => 465000
[1] => 492000
[2] => 475000
[3] => 449000
[4] => 449000
[5] => 442900
[6] => 399949.5
[7] => 399000
[8] => 395000
[9] => 389250
[10] => 375000
[11] => 354900
[12] => 349950
[13] => 359000
[14] => 359000
[15] => 359000
[16] => 356950
[17] => 347250
[18] => 349000
[19] => 349500
[20] => 359000
[21] => 332950
[22] => 299000
[23] => 299000
[24] => 298900
[25] => 284000
[26] => 289000
[27] => 249450
[28] => 269900
[29] => 269900
[30] => 279000
[31] => 279900
[32] => 274700
[33] => 269900
[34] => 253700
[35] => 249450
[36] => 253700
[37] => 261250
[38] => 265000
[39] => 265000
[40] => 275000
[41] => 273000
[42] => 275000
[43] => 274900
[44] => 275000
[45] => 275000
[46] => 275000
[47] => 277450
[48] => 273950
[49] => 287000
[50] => 287000
[51] => 274900
[52] => 274950
[53] => 299000
[54] => 312000
[55] => 307000
[56] => 308000
[57] => 3.00E+05
[58] => 299250
[59] => 304450
[60] => 291500
[61] => 299700
[62] => 299500
[63] => 299500
[64] => 325000
[65] => 327450
[66] => 349750
[67] => 347500
[68] => 343950
[69] => 343000
[70] => 330000
[71] => 325000
[72] => 325000
[73] => 314900
[74] => 330000
[75] => 349000
[76] => 379000
[77] => 383500
[78] => 369900
[79] => 359000
[80] => 375000
[81] => 381999.5
[82] => 395000
[83] => 390000
[84] => 393250
[85] => 425000
[86] => 429000
[87] => 450000
[88] => 450000
[89] => 450000
[90] => 409000
[91] => 400500
[92] => 408987.5
[93] => 425000
[94] => 425000
[95] => 437000
[96] => 437000
[97] => 437000
[98] => 449000
[99] => 454000
[100] => 448000
[101] => 448000
[102] => 418000
[103] => 405500
[104] => 412000
[105] => 406500
[106] => 425000
[107] => 399000
[108] => 441000
[109] => 450000
[110] => 429500
[111] => 423900
[112] => 419450
[113] => 415000
[114] => 404450
[115] => 399000
[116] => 404450
[117] => 399950
[118] => 429000
[119] => 449900
)
)
Array
(
[county_name] => Lincoln
[state] => Oregon
[state_fips] => 41
[county_fips] => 41041
[dma] => 820
[metro_name] => Lincoln City, OR
[cbsa_name] => Newport, OR
[county_region_id_zillow] => 1880
[metro_region_id_zillow] => 753905
[fips] => 41041
[cbsa_code] => 35440
[population_prior] => 48820
[population] => 49388
[rank] => 18
[difference] => 1.163457599
[region_id] => 1880
[sale_counts] => "55,58,56,56,52,45,44,40,40,42,45,50,48,52,48,46,46,45,51,55,63,67,62,58,52,59,56,57,50,53,52,50,50,58,59,62,56,60,59,54,51,48,47,49,54,59,59,57,56,54,59,67,75,70,62,58,59,63,66,67,60,62,56,61,59,67,61,63,58,63,63,67,73,67,70,64,76,71,77,76,84,91,87,89,79,90,95,108,105,104,108,103,102,92,94,96,105,108,110,107,100,95,94,94,93,97,112,116,111,102,104,113,114,120,117,127,128,128,123,124,128,125,112,106,108,116,118,120,123,117,110,101,100,110,118,120,119,112,111,105,108,124"
[county] => Lincoln
[flips] => 35
[purchase_price] => 156573
[resale_price] => 265670
[gross_margin] => 109097
[flipcount_rank] => 14
[flipmargin_rank] => 4
[sale_counts_exploded] => Array
(
[0] => 55
[1] => 58
[2] => 56
[3] => 56
[4] => 52
[5] => 45
[6] => 44
[7] => 40
[8] => 40
[9] => 42
[10] => 45
[11] => 50
[12] => 48
[13] => 52
[14] => 48
[15] => 46
[16] => 46
[17] => 45
[18] => 51
[19] => 55
[20] => 63
[21] => 67
[22] => 62
[23] => 58
[24] => 52
[25] => 59
[26] => 56
[27] => 57
[28] => 50
[29] => 53
[30] => 52
[31] => 50
[32] => 50
[33] => 58
[34] => 59
[35] => 62
[36] => 56
[37] => 60
[38] => 59
[39] => 54
[40] => 51
[41] => 48
[42] => 47
[43] => 49
[44] => 54
[45] => 59
[46] => 59
[47] => 57
[48] => 56
[49] => 54
[50] => 59
[51] => 67
[52] => 75
[53] => 70
[54] => 62
[55] => 58
[56] => 59
[57] => 63
[58] => 66
[59] => 67
[60] => 60
[61] => 62
[62] => 56
[63] => 61
[64] => 59
[65] => 67
[66] => 61
[67] => 63
[68] => 58
[69] => 63
[70] => 63
[71] => 67
[72] => 73
[73] => 67
[74] => 70
[75] => 64
[76] => 76
[77] => 71
[78] => 77
[79] => 76
[80] => 84
[81] => 91
[82] => 87
[83] => 89
[84] => 79
[85] => 90
[86] => 95
[87] => 108
[88] => 105
[89] => 104
[90] => 108
[91] => 103
[92] => 102
[93] => 92
[94] => 94
[95] => 96
[96] => 105
[97] => 108
[98] => 110
[99] => 107
[100] => 100
[101] => 95
[102] => 94
[103] => 94
[104] => 93
[105] => 97
[106] => 112
[107] => 116
[108] => 111
[109] => 102
[110] => 104
[111] => 113
[112] => 114
[113] => 120
[114] => 117
[115] => 127
[116] => 128
[117] => 128
[118] => 123
[119] => 124
[120] => 128
[121] => 125
[122] => 112
[123] => 106
[124] => 108
[125] => 116
[126] => 118
[127] => 120
[128] => 123
[129] => 117
[130] => 110
[131] => 101
[132] => 100
[133] => 110
[134] => 118
[135] => 120
[136] => 119
[137] => 112
[138] => 111
[139] => 105
[140] => 108
[141] => 124
)
)