Home flipping profits plummet to Great Recession–era low
Home flipping profits in the US have plummeted to their lowest level since the Great Recession, with the average investor seeing a gross profit of $65,981, down from $77,000 the year before. The number of single-family homes and condominiums flipped nationwide decreased nearly 4% from 2024, with many metros experiencing a sharp pullback in home flipping rates.
Home flipping profits have hit a nearly 20-year low in the US. The number of single-family homes and condominiums flipped nationwide decreased nearly 4% from 2024. The average investor saw their gross profits shrink to $65,981, down from $77,000 the year before. This represents a 25.5% return on investment, the lowest since 2008. Many metros experienced a sharp pullback in home flipping rates, with Salisbury, MD, seeing the largest decline at 42%. However, some areas saw growth, including Binghamton, NY, which saw a 126.4% increase in home flipping rates.
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