House Flipping Report
Neighborhood Data
Tacoma, WA 98445
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 Tacoma, WA . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Pierce County , we've been able to rank it against its peer counties within Washington. To provide an even fuller picture, we also ranked Washington against all other US states.
Region
Rank in # of Flips
Rank in Flip Profit
Washington
#21st in US
#8th in US
Pierce County
#2nd in WA
#10th in WA
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
$ 312,475
0.09% YoY Change
Latest Monthly Sales Count
1,275
List Price /sqft
$196
0.02% from last quarter
Reduced Listings /Month
4
-0.5% from last quarter
Average Home Sqft
$1,671
-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 Pierce County . This is a good sign that flipping a house here will be successful.
Region
Population
Change YoY
Rank
Washington
7,535,591
1.48%
#13th in US
Pierce County
891,299
1.61%
#2nd in WA
98445
29,661
#77th in WA
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] => 41181
[country] => USA
[zip] => 98445
[city] => Tacoma
[state] => Washington
[state_abbr] => WA
[county] => Pierce
[dma] => 819
[latitude] => 47.1323
[longitude] => -122.413
[timezone] => -8
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 98445
[zip_name] => tacoma, wa
[flag] =>
[median_listing_price] => 368775
[median_listing_price_mm] => -0.0034
[median_listing_price_yy] => 0.1707
[active_listing_count] => 33
[active_listing_count_mm] => -0.2667
[active_listing_count_yy] => -0.1538
[median_days_on_market] => 63
[median_days_on_market_mm] => 0.1667
[median_days_on_market_yy] => 0.4318
[new_listing_count] => 20
[new_listing_count_mm] => -0.1667
[new_listing_count_yy] => 0.25
[price_increased_count] => 0
[price_increased_count_mm] => -1
[price_increased_count_yy] =>
[price_reduced_count] => 4
[price_reduced_count_mm] => -0.5
[price_reduced_count_yy] => -0.75
[pending_listing_count] => 36
[pending_listing_count_mm] => -0.0769
[pending_listing_count_yy] => 0.2414
[median_listing_price_per_square_feet] => 196
[median_listing_price_per_square_feet_mm] => 0.0222
[median_listing_price_per_square_feet_yy] => 0.1257
[median_square_feet] => 1671
[median_square_feet_mm] => -0.0644
[median_square_feet_yy] => -0.0285
[average_listing_price] => 367780
[average_listing_price_mm] => 0.0182
[average_listing_price_yy] => 0.1778
[total_listing_count] => 69
[total_listing_count_mm] => -0.1786
[total_listing_count_yy] => 1.0909
[pending_ratio_mm] => 0.2242
[pending_ratio_yy] => 0.3473
[RegionID] => 99809
[RegionName] => 98445
[State] => WA
[Metro] => Seattle-Tacoma-Bellevue
[County] => Pierce County
[City] => Parkland
[SizeRank] => 372
[Zhvi] => 312500
[MoM] => 0.00676546
[QoQ] => 0.0219097
[YoY] => 0.0945709
[5Year] => 0.101981
[10Year] => 0.0453785
[PeakMonth] => 2019-09
[PeakQuarter] => 2019-Q3
[PeakZHVI] => 312500
[PctFallFromPeak] => 0
[LastTimeAtCurrZHVI] => 2019-09
[flips] => 4739
[purchase_price] => 239763
[resale_price] => 357337
[gross_margin] => 117575
[flipcount_rank] => 21
[flipmargin_rank] => 8
[counties] => 39
[zip_population] => 29661
[zip_rank] => 77
[state_population] => 7535591
[state_rank] => 13
[state_difference] => 1.483536
[list_prices] => "209000,207000,2.00E+05,2.00E+05,199990,199950,199950,194975,184950,179950,184250,183750,184000,179950,178950,175000,174950,175000,174950,175000,170000,169500,164950,164900,162750,159950,160000,158932.5,158400,154950,164950,164900,163676,164288,168978,169239,174950,171000,174950,175000,175000,189000,189000,196000,197500,190000,199000,192475,201171.5,200500,189000,189450,180000,196475,197950,199900,199994.5,197450,199000,199950,199999,202725,205000,209725,210000,219000,214950,219900,219950,219900,216460.5,219000,219900,222450,219950,224950,230000,239000,239950,235000,235000,235450,229990,229777,235000,239950,245000,249950,249999,250000,255000,258450,259900,259450,259000,257500,259950,259947.5,259995,270000,277475,285000,289950,289975,282000,281000,289950,284500,289000,289950,294950,299950,309700,310000,309000,309500,3.00E+05,3.00E+05,307450,312475"
[list_prices_exploded] => Array
(
[0] => 209000
[1] => 207000
[2] => 2.00E+05
[3] => 2.00E+05
[4] => 199990
[5] => 199950
[6] => 199950
[7] => 194975
[8] => 184950
[9] => 179950
[10] => 184250
[11] => 183750
[12] => 184000
[13] => 179950
[14] => 178950
[15] => 175000
[16] => 174950
[17] => 175000
[18] => 174950
[19] => 175000
[20] => 170000
[21] => 169500
[22] => 164950
[23] => 164900
[24] => 162750
[25] => 159950
[26] => 160000
[27] => 158932.5
[28] => 158400
[29] => 154950
[30] => 164950
[31] => 164900
[32] => 163676
[33] => 164288
[34] => 168978
[35] => 169239
[36] => 174950
[37] => 171000
[38] => 174950
[39] => 175000
[40] => 175000
[41] => 189000
[42] => 189000
[43] => 196000
[44] => 197500
[45] => 190000
[46] => 199000
[47] => 192475
[48] => 201171.5
[49] => 200500
[50] => 189000
[51] => 189450
[52] => 180000
[53] => 196475
[54] => 197950
[55] => 199900
[56] => 199994.5
[57] => 197450
[58] => 199000
[59] => 199950
[60] => 199999
[61] => 202725
[62] => 205000
[63] => 209725
[64] => 210000
[65] => 219000
[66] => 214950
[67] => 219900
[68] => 219950
[69] => 219900
[70] => 216460.5
[71] => 219000
[72] => 219900
[73] => 222450
[74] => 219950
[75] => 224950
[76] => 230000
[77] => 239000
[78] => 239950
[79] => 235000
[80] => 235000
[81] => 235450
[82] => 229990
[83] => 229777
[84] => 235000
[85] => 239950
[86] => 245000
[87] => 249950
[88] => 249999
[89] => 250000
[90] => 255000
[91] => 258450
[92] => 259900
[93] => 259450
[94] => 259000
[95] => 257500
[96] => 259950
[97] => 259947.5
[98] => 259995
[99] => 270000
[100] => 277475
[101] => 285000
[102] => 289950
[103] => 289975
[104] => 282000
[105] => 281000
[106] => 289950
[107] => 284500
[108] => 289000
[109] => 289950
[110] => 294950
[111] => 299950
[112] => 309700
[113] => 310000
[114] => 309000
[115] => 309500
[116] => 3.00E+05
[117] => 3.00E+05
[118] => 307450
[119] => 312475
)
)
Array
(
[county_name] => Pierce
[state] => Washington
[state_fips] => 53
[county_fips] => 53053
[dma] => 819
[metro_name] => Seattle, WA
[cbsa_name] => Seattle-Tacoma-Bellevue, WA
[county_region_id_zillow] => 1322
[metro_region_id_zillow] => 395078
[fips] => 53053
[cbsa_code] => 42660
[population_prior] => 877201
[population] => 891299
[rank] => 2
[difference] => 1.607157311
[region_id] => 1322
[sale_counts] => "721,728,671,663,626,593,598,603,579,510,481,506,541,520,519,542,622,644,656,689,762,770,725,692,712,736,712,696,607,560,506,548,587,629,694,722,752,709,676,652,659,691,697,709,711,718,762,830,855,821,753,720,700,710,688,710,751,814,902,947,1003,1015,1004,975,976,1003,982,941,902,931,971,1010,998,973,945,954,959,956,989,1024,1027,1079,1096,1147,1118,1172,1155,1186,1161,1171,1163,1150,1142,1157,1175,1248,1302,1316,1313,1294,1285,1318,1350,1347,1367,1367,1498,1526,1539,1428,1403,1425,1465,1493,1482,1504,1534,1474,1469,1441,1449,1399,1403,1465,1492,1445,1345,1334,1369,1376,1369,1343,1373,1397,1405,1434,1409,1366,1314,1308,1286,1275"
[county] => Pierce
[flips] => 913
[purchase_price] => 217268
[resale_price] => 335003
[gross_margin] => 117734
[flipcount_rank] => 2
[flipmargin_rank] => 10
[sale_counts_exploded] => Array
(
[0] => 721
[1] => 728
[2] => 671
[3] => 663
[4] => 626
[5] => 593
[6] => 598
[7] => 603
[8] => 579
[9] => 510
[10] => 481
[11] => 506
[12] => 541
[13] => 520
[14] => 519
[15] => 542
[16] => 622
[17] => 644
[18] => 656
[19] => 689
[20] => 762
[21] => 770
[22] => 725
[23] => 692
[24] => 712
[25] => 736
[26] => 712
[27] => 696
[28] => 607
[29] => 560
[30] => 506
[31] => 548
[32] => 587
[33] => 629
[34] => 694
[35] => 722
[36] => 752
[37] => 709
[38] => 676
[39] => 652
[40] => 659
[41] => 691
[42] => 697
[43] => 709
[44] => 711
[45] => 718
[46] => 762
[47] => 830
[48] => 855
[49] => 821
[50] => 753
[51] => 720
[52] => 700
[53] => 710
[54] => 688
[55] => 710
[56] => 751
[57] => 814
[58] => 902
[59] => 947
[60] => 1003
[61] => 1015
[62] => 1004
[63] => 975
[64] => 976
[65] => 1003
[66] => 982
[67] => 941
[68] => 902
[69] => 931
[70] => 971
[71] => 1010
[72] => 998
[73] => 973
[74] => 945
[75] => 954
[76] => 959
[77] => 956
[78] => 989
[79] => 1024
[80] => 1027
[81] => 1079
[82] => 1096
[83] => 1147
[84] => 1118
[85] => 1172
[86] => 1155
[87] => 1186
[88] => 1161
[89] => 1171
[90] => 1163
[91] => 1150
[92] => 1142
[93] => 1157
[94] => 1175
[95] => 1248
[96] => 1302
[97] => 1316
[98] => 1313
[99] => 1294
[100] => 1285
[101] => 1318
[102] => 1350
[103] => 1347
[104] => 1367
[105] => 1367
[106] => 1498
[107] => 1526
[108] => 1539
[109] => 1428
[110] => 1403
[111] => 1425
[112] => 1465
[113] => 1493
[114] => 1482
[115] => 1504
[116] => 1534
[117] => 1474
[118] => 1469
[119] => 1441
[120] => 1449
[121] => 1399
[122] => 1403
[123] => 1465
[124] => 1492
[125] => 1445
[126] => 1345
[127] => 1334
[128] => 1369
[129] => 1376
[130] => 1369
[131] => 1343
[132] => 1373
[133] => 1397
[134] => 1405
[135] => 1434
[136] => 1409
[137] => 1366
[138] => 1314
[139] => 1308
[140] => 1286
[141] => 1275
)
)