House Flipping Report
Neighborhood Data
Homer, AK 99603
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 Homer, AK . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Kenai Peninsula County , we've been able to rank it against its peer counties within Alaska. To provide an even fuller picture, we also ranked Alaska against all other US states.
Region
Rank in # of Flips
Rank in Flip Profit
Alaska
#50th in US
#31st in US
Kenai Peninsula County
#3rd in AK
#2nd in AK
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
$ 349,250
0.02% YoY Change
Latest Monthly Sales Count
58
List Price /sqft
$184
0.06% from last quarter
Avg. Days on Market
136
-0.21% from last year
Average Home Sqft
$2,068
0.22% 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 Kenai Peninsula County . This is a good sign that flipping a house here will be successful.
Region
Population
Change YoY
Rank
Alaska
737,438
-0.32%
#48th in US
Kenai Peninsula County
58,533
0.02%
#4th in AK
99603
9,840
#23rd in AK
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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