House Flipping Report
Neighborhood Data
Philomath, OR 97370
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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 Philomath, 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 Monthly Sales Count
104
List Price /sqft
$185
-0.01% from last quarter
Average Home Sqft
$1,850
-0% 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
97370
8,271
#30th 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.
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[resale_price] => 319674
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[flipcount_rank] => 17
[flipmargin_rank] => 19
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