House Flipping Report
Neighborhood Data
Ketchikan, AK 99901
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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 Ketchikan, AK . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Ketchikan Gateway 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
Ketchikan Gateway County
#6th in AK
#1st 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
$ 295,000
0.02% YoY Change
Latest Monthly Sales Count
7
List Price /sqft
$163
-0.06% from last quarter
Average Home Sqft
$1,420
-0.01% 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 Ketchikan Gateway 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
Ketchikan Gateway County
13,918
0.26%
#7th in AK
99901
13,508
#20th 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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