House Flipping Report
Neighborhood Data
Cheney, WA 99004
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 Cheney, WA . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Spokane 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
Spokane County
#3rd in WA
#21st 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
$ 320,305
0.11% YoY Change
Latest Monthly Sales Count
829
List Price /sqft
$160
0.04% from last quarter
Reduced Listings /Month
8
-0.6% from last quarter
Average Home Sqft
$2,046
-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 Spokane 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
Spokane County
514,631
1.72%
#4th in WA
99004
18,376
#67th 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] => 41265
[country] => USA
[zip] => 99004
[city] => Cheney
[state] => Washington
[state_abbr] => WA
[county] => Spokane
[dma] => 881
[latitude] => 47.4206
[longitude] => -117.642
[timezone] => -8
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 99004
[zip_name] => cheney, wa
[flag] =>
[median_listing_price] => 330686
[median_listing_price_mm] => 0.0023
[median_listing_price_yy] => -0.0553
[active_listing_count] => 46
[active_listing_count_mm] => -0.1321
[active_listing_count_yy] => -0.1481
[median_days_on_market] => 46.5
[median_days_on_market_mm] => 0.2568
[median_days_on_market_yy] => -0.1389
[new_listing_count] => 8
[new_listing_count_mm] => -0.7143
[new_listing_count_yy] => -0.3333
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] =>
[price_reduced_count] => 8
[price_reduced_count_mm] => -0.6
[price_reduced_count_yy] =>
[pending_listing_count] => 56
[pending_listing_count_mm] => -0.1515
[pending_listing_count_yy] => 1.5455
[median_listing_price_per_square_feet] => 160
[median_listing_price_per_square_feet_mm] => 0.0371
[median_listing_price_per_square_feet_yy] => 0.0213
[median_square_feet] => 2046
[median_square_feet_mm] => -0.0257
[median_square_feet_yy] => -0.0257
[average_listing_price] => 354312
[average_listing_price_mm] => 0.016
[average_listing_price_yy] => -0.2515
[total_listing_count] => 102
[total_listing_count_mm] => -0.1429
[total_listing_count_yy] => 1.2174
[pending_ratio_mm] => -0.0279
[pending_ratio_yy] => 0.81
[RegionID] => 100050
[RegionName] => 99004
[State] => WA
[Metro] => Spokane-Spokane Valley
[County] => Spokane County
[City] => Cheney
[SizeRank] => 533
[Zhvi] => 256500
[MoM] => 0.00548804
[QoQ] => 0.0178571
[YoY] => 0.106557
[5Year] => 0.0813283
[10Year] => 0.0366871
[PeakMonth] => 2019-09
[PeakQuarter] => 2019-Q3
[PeakZHVI] => 256500
[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] => 18376
[zip_rank] => 167
[state_population] => 7535591
[state_rank] => 13
[state_difference] => 1.483536
[list_prices] => "189900,189925,189950,199000,198400,205990,199000,199000,199900,194990,191000,188262,184990,181925,184990,184995,179925,178200,179900,184990,179950,180000,189000,181900,189900,189900,185495,180000,184990,186500,188900,184900,184140,179950,180000,180000,185000,189356.5,190450,194900,194900,197900,198000,195500,195500,203650,202775,202775,182500,184500,189250,192000,188000,185000,199900,191200,185000,185000,182000,180950,189000,184000,205000,205000,209475,215000,205000,199999,199999,198000,198997.5,205000,212276,214950,215000,209950,208445,205000,214900,214900,219450,219900,219900,220310,225250,210000,209995,227000,238250,237962.5,243720,249000,241000,253995,237500,245000,265000,262500,276950,289450,288900,279750,274900,279200,278900,290900,278900,279900,289400,282000,294990,293564,297500,299900,302374,312995,309900,314997.5,319990,320305"
[list_prices_exploded] => Array
(
[0] => 189900
[1] => 189925
[2] => 189950
[3] => 199000
[4] => 198400
[5] => 205990
[6] => 199000
[7] => 199000
[8] => 199900
[9] => 194990
[10] => 191000
[11] => 188262
[12] => 184990
[13] => 181925
[14] => 184990
[15] => 184995
[16] => 179925
[17] => 178200
[18] => 179900
[19] => 184990
[20] => 179950
[21] => 180000
[22] => 189000
[23] => 181900
[24] => 189900
[25] => 189900
[26] => 185495
[27] => 180000
[28] => 184990
[29] => 186500
[30] => 188900
[31] => 184900
[32] => 184140
[33] => 179950
[34] => 180000
[35] => 180000
[36] => 185000
[37] => 189356.5
[38] => 190450
[39] => 194900
[40] => 194900
[41] => 197900
[42] => 198000
[43] => 195500
[44] => 195500
[45] => 203650
[46] => 202775
[47] => 202775
[48] => 182500
[49] => 184500
[50] => 189250
[51] => 192000
[52] => 188000
[53] => 185000
[54] => 199900
[55] => 191200
[56] => 185000
[57] => 185000
[58] => 182000
[59] => 180950
[60] => 189000
[61] => 184000
[62] => 205000
[63] => 205000
[64] => 209475
[65] => 215000
[66] => 205000
[67] => 199999
[68] => 199999
[69] => 198000
[70] => 198997.5
[71] => 205000
[72] => 212276
[73] => 214950
[74] => 215000
[75] => 209950
[76] => 208445
[77] => 205000
[78] => 214900
[79] => 214900
[80] => 219450
[81] => 219900
[82] => 219900
[83] => 220310
[84] => 225250
[85] => 210000
[86] => 209995
[87] => 227000
[88] => 238250
[89] => 237962.5
[90] => 243720
[91] => 249000
[92] => 241000
[93] => 253995
[94] => 237500
[95] => 245000
[96] => 265000
[97] => 262500
[98] => 276950
[99] => 289450
[100] => 288900
[101] => 279750
[102] => 274900
[103] => 279200
[104] => 278900
[105] => 290900
[106] => 278900
[107] => 279900
[108] => 289400
[109] => 282000
[110] => 294990
[111] => 293564
[112] => 297500
[113] => 299900
[114] => 302374
[115] => 312995
[116] => 309900
[117] => 314997.5
[118] => 319990
[119] => 320305
)
)
Array
(
[county_name] => Spokane
[state] => Washington
[state_fips] => 53
[county_fips] => 53063
[dma] => 881
[metro_name] => Spokane, WA
[cbsa_name] => Spokane-Spokane Valley, WA
[county_region_id_zillow] => 2033
[metro_region_id_zillow] => 395113
[fips] => 53063
[cbsa_code] => 44060
[population_prior] => 505928
[population] => 514631
[rank] => 4
[difference] => 1.720205247
[region_id] => 2033
[sale_counts] => "605,621,543,523,508,479,465,432,396,351,318,374,407,441,408,417,449,464,468,473,529,519,474,452,499,550,539,497,407,357,314,323,332,359,406,441,445,430,389,376,346,361,359,372,377,396,466,530,545,493,437,419,420,414,411,416,432,451,494,556,573,568,536,517,532,529,558,549,543,533,563,616,607,577,529,557,567,570,560,579,589,613,662,718,739,721,699,709,706,697,699,682,654,662,687,753,769,764,751,732,725,747,777,787,782,781,810,832,822,784,770,812,836,856,828,851,853,839,881,929,942,880,821,840,876,890,851,811,812,799,834,869,872,841,762,773,778,811,828,853,837,829"
[county] => Spokane
[flips] => 517
[purchase_price] => 140126
[resale_price] => 224615
[gross_margin] => 84490
[flipcount_rank] => 3
[flipmargin_rank] => 21
[sale_counts_exploded] => Array
(
[0] => 605
[1] => 621
[2] => 543
[3] => 523
[4] => 508
[5] => 479
[6] => 465
[7] => 432
[8] => 396
[9] => 351
[10] => 318
[11] => 374
[12] => 407
[13] => 441
[14] => 408
[15] => 417
[16] => 449
[17] => 464
[18] => 468
[19] => 473
[20] => 529
[21] => 519
[22] => 474
[23] => 452
[24] => 499
[25] => 550
[26] => 539
[27] => 497
[28] => 407
[29] => 357
[30] => 314
[31] => 323
[32] => 332
[33] => 359
[34] => 406
[35] => 441
[36] => 445
[37] => 430
[38] => 389
[39] => 376
[40] => 346
[41] => 361
[42] => 359
[43] => 372
[44] => 377
[45] => 396
[46] => 466
[47] => 530
[48] => 545
[49] => 493
[50] => 437
[51] => 419
[52] => 420
[53] => 414
[54] => 411
[55] => 416
[56] => 432
[57] => 451
[58] => 494
[59] => 556
[60] => 573
[61] => 568
[62] => 536
[63] => 517
[64] => 532
[65] => 529
[66] => 558
[67] => 549
[68] => 543
[69] => 533
[70] => 563
[71] => 616
[72] => 607
[73] => 577
[74] => 529
[75] => 557
[76] => 567
[77] => 570
[78] => 560
[79] => 579
[80] => 589
[81] => 613
[82] => 662
[83] => 718
[84] => 739
[85] => 721
[86] => 699
[87] => 709
[88] => 706
[89] => 697
[90] => 699
[91] => 682
[92] => 654
[93] => 662
[94] => 687
[95] => 753
[96] => 769
[97] => 764
[98] => 751
[99] => 732
[100] => 725
[101] => 747
[102] => 777
[103] => 787
[104] => 782
[105] => 781
[106] => 810
[107] => 832
[108] => 822
[109] => 784
[110] => 770
[111] => 812
[112] => 836
[113] => 856
[114] => 828
[115] => 851
[116] => 853
[117] => 839
[118] => 881
[119] => 929
[120] => 942
[121] => 880
[122] => 821
[123] => 840
[124] => 876
[125] => 890
[126] => 851
[127] => 811
[128] => 812
[129] => 799
[130] => 834
[131] => 869
[132] => 872
[133] => 841
[134] => 762
[135] => 773
[136] => 778
[137] => 811
[138] => 828
[139] => 853
[140] => 837
[141] => 829
)
)