House Flipping Report
Neighborhood Data
Springfield, OR 97477
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 Springfield, OR . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Lane 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
Lane County
#4th in OR
#9th 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
$ 275,000
0.07% YoY Change
Latest Monthly Sales Count
484
List Price /sqft
$209
0.02% from last quarter
Reduced Listings /Month
8
-0.33% from last quarter
Average Home Sqft
$1,665
0.1% 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 Lane 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
Lane County
379,611
1.06%
#4th in OR
97477
36,874
#27th 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] => 31552
[country] => USA
[zip] => 97477
[city] => Springfield
[state] => Oregon
[state_abbr] => OR
[county] => Lane
[dma] => 801
[latitude] => 44.0575
[longitude] => -123.008
[timezone] => -8
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 97477
[zip_name] => springfield, or
[flag] => *
[median_listing_price] => 339050
[median_listing_price_mm] => 0.066
[median_listing_price_yy] => 0.3093
[active_listing_count] => 19
[active_listing_count_mm] => -0.1739
[active_listing_count_yy] =>
[median_days_on_market] => 44
[median_days_on_market_mm] => 0.1579
[median_days_on_market_yy] => -0.0222
[new_listing_count] => 4
[new_listing_count_mm] => -0.75
[new_listing_count_yy] => -0.8
[price_increased_count] => 8
[price_increased_count_mm] => 0
[price_increased_count_yy] =>
[price_reduced_count] => 8
[price_reduced_count_mm] => -0.3333
[price_reduced_count_yy] => -0.6
[pending_listing_count] => 33
[pending_listing_count_mm] => -0.3125
[pending_listing_count_yy] =>
[median_listing_price_per_square_feet] => 209
[median_listing_price_per_square_feet_mm] => 0.0156
[median_listing_price_per_square_feet_yy] => 0.0933
[median_square_feet] => 1665
[median_square_feet_mm] => 0.0329
[median_square_feet_yy] => 0.0968
[average_listing_price] => 469577
[average_listing_price_mm] => 0.0961
[average_listing_price_yy] => 0.6052
[total_listing_count] => 52
[total_listing_count_mm] => -0.2676
[total_listing_count_yy] => 1.7368
[pending_ratio_mm] => -0.3501
[pending_ratio_yy] => 1.7368
[RegionID] => 99317
[RegionName] => 97477
[State] => OR
[Metro] => Eugene
[County] => Lane County
[City] => Springfield
[SizeRank] => 163
[Zhvi] => 253600
[MoM] => 0.00435644
[QoQ] => 0.0156187
[YoY] => 0.0736664
[5Year] => 0.0889747
[10Year] => 0.0422875
[PeakMonth] => 2019-09
[PeakQuarter] => 2019-Q3
[PeakZHVI] => 253600
[PctFallFromPeak] => 0
[LastTimeAtCurrZHVI] => 2019-09
[flips] => 3095
[purchase_price] => 242478
[resale_price] => 323899
[gross_margin] => 81421
[flipcount_rank] => 25
[flipmargin_rank] => 19
[counties] => 36
[zip_population] => 36874
[zip_rank] => 27
[state_population] => 4190713
[state_rank] => 27
[state_difference] => 1.064030
[list_prices] => "180000,179900,179950,179450,179900,179900,179900,179900,179450,167750,162500,167000,162450,160000,159000,149900,150999.5,159900,164900,159700,159000,149900,149900,145000,141702.5,140000,144535,149200,154900,148000,149995,160000,150000,145450,139900,139900,138587.5,139850,148900,149900,165000,165000,159900,169000,169975,174900,165000,163300,156900,153450,156900,167250,169450,173000,179900,179900,179900,175000,176450,179900,175000,174950,179000,179900,2.00E+05,189900,199900,199900,209250,195450,199900,198500,189900,199900,199900,210000,219500,219950,220000,221000,220000,225000,220450,215000,220000,215000,219000,220000,224950,219825,232450,229900,235000,229900,230000,230000,219000,228000,232500,242500,244000,250000,250000,252500,255000,257000,255000,260000,258900,249900,264950,259000,265000,265000,274900,279000,274900,269000,282500,275000"
[list_prices_exploded] => Array
(
[0] => 180000
[1] => 179900
[2] => 179950
[3] => 179450
[4] => 179900
[5] => 179900
[6] => 179900
[7] => 179900
[8] => 179450
[9] => 167750
[10] => 162500
[11] => 167000
[12] => 162450
[13] => 160000
[14] => 159000
[15] => 149900
[16] => 150999.5
[17] => 159900
[18] => 164900
[19] => 159700
[20] => 159000
[21] => 149900
[22] => 149900
[23] => 145000
[24] => 141702.5
[25] => 140000
[26] => 144535
[27] => 149200
[28] => 154900
[29] => 148000
[30] => 149995
[31] => 160000
[32] => 150000
[33] => 145450
[34] => 139900
[35] => 139900
[36] => 138587.5
[37] => 139850
[38] => 148900
[39] => 149900
[40] => 165000
[41] => 165000
[42] => 159900
[43] => 169000
[44] => 169975
[45] => 174900
[46] => 165000
[47] => 163300
[48] => 156900
[49] => 153450
[50] => 156900
[51] => 167250
[52] => 169450
[53] => 173000
[54] => 179900
[55] => 179900
[56] => 179900
[57] => 175000
[58] => 176450
[59] => 179900
[60] => 175000
[61] => 174950
[62] => 179000
[63] => 179900
[64] => 2.00E+05
[65] => 189900
[66] => 199900
[67] => 199900
[68] => 209250
[69] => 195450
[70] => 199900
[71] => 198500
[72] => 189900
[73] => 199900
[74] => 199900
[75] => 210000
[76] => 219500
[77] => 219950
[78] => 220000
[79] => 221000
[80] => 220000
[81] => 225000
[82] => 220450
[83] => 215000
[84] => 220000
[85] => 215000
[86] => 219000
[87] => 220000
[88] => 224950
[89] => 219825
[90] => 232450
[91] => 229900
[92] => 235000
[93] => 229900
[94] => 230000
[95] => 230000
[96] => 219000
[97] => 228000
[98] => 232500
[99] => 242500
[100] => 244000
[101] => 250000
[102] => 250000
[103] => 252500
[104] => 255000
[105] => 257000
[106] => 255000
[107] => 260000
[108] => 258900
[109] => 249900
[110] => 264950
[111] => 259000
[112] => 265000
[113] => 265000
[114] => 274900
[115] => 279000
[116] => 274900
[117] => 269000
[118] => 282500
[119] => 275000
)
)
Array
(
[county_name] => Lane
[state] => Oregon
[state_fips] => 41
[county_fips] => 41039
[dma] => 801
[metro_name] => Eugene, OR
[cbsa_name] => Eugene, OR
[county_region_id_zillow] => 231
[metro_region_id_zillow] => 394576
[fips] => 41039
[cbsa_code] => 21660
[population_prior] => 375617
[population] => 379611
[rank] => 4
[difference] => 1.063317156
[region_id] => 231
[sale_counts] => "405,356,310,303,305,303,289,286,285,281,265,259,261,256,250,255,284,290,310,322,345,350,321,318,315,355,365,357,307,270,244,248,270,295,318,308,291,275,266,272,266,256,253,254,268,275,318,330,331,299,302,286,293,294,319,331,335,339,356,376,386,377,370,362,366,355,362,343,345,331,348,354,354,350,348,371,378,379,372,396,395,404,417,442,453,452,460,489,506,514,503,496,487,499,513,557,546,527,506,523,508,523,535,551,565,558,594,574,579,532,523,516,533,548,545,550,579,584,643,621,624,566,549,531,521,530,516,521,507,504,516,515,502,470,457,463,476,481,491,475,488,484"
[county] => Lane
[flips] => 306
[purchase_price] => 189752
[resale_price] => 281906
[gross_margin] => 92154
[flipcount_rank] => 4
[flipmargin_rank] => 9
[sale_counts_exploded] => Array
(
[0] => 405
[1] => 356
[2] => 310
[3] => 303
[4] => 305
[5] => 303
[6] => 289
[7] => 286
[8] => 285
[9] => 281
[10] => 265
[11] => 259
[12] => 261
[13] => 256
[14] => 250
[15] => 255
[16] => 284
[17] => 290
[18] => 310
[19] => 322
[20] => 345
[21] => 350
[22] => 321
[23] => 318
[24] => 315
[25] => 355
[26] => 365
[27] => 357
[28] => 307
[29] => 270
[30] => 244
[31] => 248
[32] => 270
[33] => 295
[34] => 318
[35] => 308
[36] => 291
[37] => 275
[38] => 266
[39] => 272
[40] => 266
[41] => 256
[42] => 253
[43] => 254
[44] => 268
[45] => 275
[46] => 318
[47] => 330
[48] => 331
[49] => 299
[50] => 302
[51] => 286
[52] => 293
[53] => 294
[54] => 319
[55] => 331
[56] => 335
[57] => 339
[58] => 356
[59] => 376
[60] => 386
[61] => 377
[62] => 370
[63] => 362
[64] => 366
[65] => 355
[66] => 362
[67] => 343
[68] => 345
[69] => 331
[70] => 348
[71] => 354
[72] => 354
[73] => 350
[74] => 348
[75] => 371
[76] => 378
[77] => 379
[78] => 372
[79] => 396
[80] => 395
[81] => 404
[82] => 417
[83] => 442
[84] => 453
[85] => 452
[86] => 460
[87] => 489
[88] => 506
[89] => 514
[90] => 503
[91] => 496
[92] => 487
[93] => 499
[94] => 513
[95] => 557
[96] => 546
[97] => 527
[98] => 506
[99] => 523
[100] => 508
[101] => 523
[102] => 535
[103] => 551
[104] => 565
[105] => 558
[106] => 594
[107] => 574
[108] => 579
[109] => 532
[110] => 523
[111] => 516
[112] => 533
[113] => 548
[114] => 545
[115] => 550
[116] => 579
[117] => 584
[118] => 643
[119] => 621
[120] => 624
[121] => 566
[122] => 549
[123] => 531
[124] => 521
[125] => 530
[126] => 516
[127] => 521
[128] => 507
[129] => 504
[130] => 516
[131] => 515
[132] => 502
[133] => 470
[134] => 457
[135] => 463
[136] => 476
[137] => 481
[138] => 491
[139] => 475
[140] => 488
[141] => 484
)
)