House Flipping Report
Neighborhood Data
Lacey, WA 98503
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 Lacey, WA . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Thurston 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
Thurston County
#6th in WA
#14th 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
$ 319,000
0.08% YoY Change
Latest Monthly Sales Count
414
List Price /sqft
$181
0.01% from last quarter
Average Home Sqft
$1,890
-0.05% 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 Thurston 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
Thurston County
286,419
2.19%
#6th in WA
98503
36,611
#37th 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] => 41338
[country] => USA
[zip] => 98503
[city] => Lacey
[state] => Washington
[state_abbr] => WA
[county] => Thurston
[dma] => 819
[latitude] => 47.0265
[longitude] => -122.797
[timezone] => -8
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 98503
[zip_name] => lacey, wa
[flag] =>
[median_listing_price] => 324050
[median_listing_price_mm] => 0.0125
[median_listing_price_yy] => 0.08
[active_listing_count] => 23
[active_listing_count_mm] => -0.5106
[active_listing_count_yy] => -0.2581
[median_days_on_market] => 43
[median_days_on_market_mm] => 0
[median_days_on_market_yy] => 0
[new_listing_count] => 12
[new_listing_count_mm] => -0.5
[new_listing_count_yy] => -0.4
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] =>
[price_reduced_count] => 0
[price_reduced_count_mm] => -1
[price_reduced_count_yy] => -1
[pending_listing_count] => 34
[pending_listing_count_mm] => -0.15
[pending_listing_count_yy] => 0.0303
[median_listing_price_per_square_feet] => 181
[median_listing_price_per_square_feet_mm] => 0.0052
[median_listing_price_per_square_feet_yy] => 0.0235
[median_square_feet] => 1890
[median_square_feet_mm] => 0.0547
[median_square_feet_yy] => -0.0455
[average_listing_price] => 359789
[average_listing_price_mm] => 0.0304
[average_listing_price_yy] => 0.0696
[total_listing_count] => 57
[total_listing_count_mm] => -0.3448
[total_listing_count_yy] => 1.4783
[pending_ratio_mm] => 0.6272
[pending_ratio_yy] => 0.4137
[RegionID] => 99829
[RegionName] => 98503
[State] => WA
[Metro] => Olympia-Tumwater
[County] => Thurston County
[City] => Lacey
[SizeRank] => 168
[Zhvi] => 301100
[MoM] => 0.00467134
[QoQ] => 0.0172297
[YoY] => 0.0838733
[5Year] => 0.081826
[10Year] => 0.0314579
[PeakMonth] => 2019-09
[PeakQuarter] => 2019-Q3
[PeakZHVI] => 301100
[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] => 36611
[zip_rank] => 37
[state_population] => 7535591
[state_rank] => 13
[state_difference] => 1.483536
[list_prices] => "224900,224990,226990,226990,224925,224900,219650,219900,210000,209500,205000,204500,205000,205000,199000,189700,189700,189900,188475,199250,199900,199650,194950,184950,189900,179900,187475,179950,190000,194975,202900,192500,197450,199900,199950,199900,199900,199900,206000,199950,199000,198500,199900,199900,199700,199900,199900,199900,199900,189900,196450,199900,214700,219000,219750,212450,218950,209813,210000,209726,201000,210000,219800,219000,219900,225000,230000,230000,235000,233500,232450,239950,239900,245000,239000,239900,249000,256520,255000,249900,248900,244400,245250,244200,239900,239000,239925,264900,263400,269000,269000,259900,254974.5,259950,259950,262450,269000,278000,287950,284975,287900,292245,299000,294950,289900,294975,297450,298500,299000,295000,299950,309900,309999.5,314900,319000,319970,319900,315000,315250,319000"
[list_prices_exploded] => Array
(
[0] => 224900
[1] => 224990
[2] => 226990
[3] => 226990
[4] => 224925
[5] => 224900
[6] => 219650
[7] => 219900
[8] => 210000
[9] => 209500
[10] => 205000
[11] => 204500
[12] => 205000
[13] => 205000
[14] => 199000
[15] => 189700
[16] => 189700
[17] => 189900
[18] => 188475
[19] => 199250
[20] => 199900
[21] => 199650
[22] => 194950
[23] => 184950
[24] => 189900
[25] => 179900
[26] => 187475
[27] => 179950
[28] => 190000
[29] => 194975
[30] => 202900
[31] => 192500
[32] => 197450
[33] => 199900
[34] => 199950
[35] => 199900
[36] => 199900
[37] => 199900
[38] => 206000
[39] => 199950
[40] => 199000
[41] => 198500
[42] => 199900
[43] => 199900
[44] => 199700
[45] => 199900
[46] => 199900
[47] => 199900
[48] => 199900
[49] => 189900
[50] => 196450
[51] => 199900
[52] => 214700
[53] => 219000
[54] => 219750
[55] => 212450
[56] => 218950
[57] => 209813
[58] => 210000
[59] => 209726
[60] => 201000
[61] => 210000
[62] => 219800
[63] => 219000
[64] => 219900
[65] => 225000
[66] => 230000
[67] => 230000
[68] => 235000
[69] => 233500
[70] => 232450
[71] => 239950
[72] => 239900
[73] => 245000
[74] => 239000
[75] => 239900
[76] => 249000
[77] => 256520
[78] => 255000
[79] => 249900
[80] => 248900
[81] => 244400
[82] => 245250
[83] => 244200
[84] => 239900
[85] => 239000
[86] => 239925
[87] => 264900
[88] => 263400
[89] => 269000
[90] => 269000
[91] => 259900
[92] => 254974.5
[93] => 259950
[94] => 259950
[95] => 262450
[96] => 269000
[97] => 278000
[98] => 287950
[99] => 284975
[100] => 287900
[101] => 292245
[102] => 299000
[103] => 294950
[104] => 289900
[105] => 294975
[106] => 297450
[107] => 298500
[108] => 299000
[109] => 295000
[110] => 299950
[111] => 309900
[112] => 309999.5
[113] => 314900
[114] => 319000
[115] => 319970
[116] => 319900
[117] => 315000
[118] => 315250
[119] => 319000
)
)
Array
(
[county_name] => Thurston
[state] => Washington
[state_fips] => 53
[county_fips] => 53067
[dma] => 819
[metro_name] => Olympia, WA
[cbsa_name] => Olympia-Tumwater, WA
[county_region_id_zillow] => 2575
[metro_region_id_zillow] => 394937
[fips] => 53067
[cbsa_code] => 36500
[population_prior] => 280289
[population] => 286419
[rank] => 6
[difference] => 2.187028389
[region_id] => 2575
[sale_counts] => "250,244,229,210,200,195,202,197,173,160,166,194,193,179,163,172,185,196,189,199,207,205,199,209,231,234,213,194,168,154,150,156,168,190,201,211,196,192,179,179,172,173,167,178,197,207,213,203,205,201,196,188,192,195,196,206,201,207,216,238,248,236,235,234,247,249,251,241,231,237,284,298,294,258,254,265,267,267,272,283,281,294,299,340,335,343,317,322,325,316,318,312,309,309,320,353,373,384,393,383,379,378,380,379,394,398,427,429,427,401,389,410,417,426,433,438,446,429,445,443,452,416,410,410,423,424,407,411,400,395,396,398,393,380,388,411,429,434,451,445,431,414"
[county] => Thurston
[flips] => 212
[purchase_price] => 211598
[resale_price] => 313943
[gross_margin] => 102346
[flipcount_rank] => 6
[flipmargin_rank] => 14
[sale_counts_exploded] => Array
(
[0] => 250
[1] => 244
[2] => 229
[3] => 210
[4] => 200
[5] => 195
[6] => 202
[7] => 197
[8] => 173
[9] => 160
[10] => 166
[11] => 194
[12] => 193
[13] => 179
[14] => 163
[15] => 172
[16] => 185
[17] => 196
[18] => 189
[19] => 199
[20] => 207
[21] => 205
[22] => 199
[23] => 209
[24] => 231
[25] => 234
[26] => 213
[27] => 194
[28] => 168
[29] => 154
[30] => 150
[31] => 156
[32] => 168
[33] => 190
[34] => 201
[35] => 211
[36] => 196
[37] => 192
[38] => 179
[39] => 179
[40] => 172
[41] => 173
[42] => 167
[43] => 178
[44] => 197
[45] => 207
[46] => 213
[47] => 203
[48] => 205
[49] => 201
[50] => 196
[51] => 188
[52] => 192
[53] => 195
[54] => 196
[55] => 206
[56] => 201
[57] => 207
[58] => 216
[59] => 238
[60] => 248
[61] => 236
[62] => 235
[63] => 234
[64] => 247
[65] => 249
[66] => 251
[67] => 241
[68] => 231
[69] => 237
[70] => 284
[71] => 298
[72] => 294
[73] => 258
[74] => 254
[75] => 265
[76] => 267
[77] => 267
[78] => 272
[79] => 283
[80] => 281
[81] => 294
[82] => 299
[83] => 340
[84] => 335
[85] => 343
[86] => 317
[87] => 322
[88] => 325
[89] => 316
[90] => 318
[91] => 312
[92] => 309
[93] => 309
[94] => 320
[95] => 353
[96] => 373
[97] => 384
[98] => 393
[99] => 383
[100] => 379
[101] => 378
[102] => 380
[103] => 379
[104] => 394
[105] => 398
[106] => 427
[107] => 429
[108] => 427
[109] => 401
[110] => 389
[111] => 410
[112] => 417
[113] => 426
[114] => 433
[115] => 438
[116] => 446
[117] => 429
[118] => 445
[119] => 443
[120] => 452
[121] => 416
[122] => 410
[123] => 410
[124] => 423
[125] => 424
[126] => 407
[127] => 411
[128] => 400
[129] => 395
[130] => 396
[131] => 398
[132] => 393
[133] => 380
[134] => 388
[135] => 411
[136] => 429
[137] => 434
[138] => 451
[139] => 445
[140] => 431
[141] => 414
)
)