Home > Mortgages > 20 Metro Areas with the Most Flipped Homes

Comments 0 Comments

The art of house-flipping is on the rise thanks to the popularity of reality TV shows like HGTV’s Flip or Flop. If you’re handy with a toolbelt and don’t mind weeks of manual labor, you might be thinking, I can do that. Before you blow your life savings on buying that fixer-upper, though, it might help to know where people are flipping—and, more importantly, buying—homes in 2017. Thanks to a recent study by ATTOM Data Solutions, we’ve compiled a list of the top 20 US metro areas with the most flipped homes in Q2 of 2017 and listed them by county data, so you can plan your project accordingly.

  1. Phoenix, Arizona

County: Maricopa

Metro Area: Phoenix-Mesa-Scottsdale, AZ

Number of Homes Flipped: 2,116

Average Flipping Profit: $54,787

  1. Los Angeles, California

County: Los Angeles

Metro Area: Los Angeles-Long Beach-Anaheim, CA

Number of Homes Flipped: 1,404

Average Flipping Profit: $135,000

  1. Las Vegas, Nevada

County: Clark

Metro Area: Las Vegas-Henderson-Paradise, NV

Number of Homes Flipped: 1,207

Average Flipping Profit: $55,600

  1. Chicago, Illinois

County: Cook

Metro Area: Chicago-Naperville-Elgin, IL-IN-WI

Number of Homes Flipped: 922

Average Flipping Profit: $95,000

  1. Fort Lauderdale, Florida

County: Broward

Metro Area: Miami-Fort Lauderdale-West Palm Beach, FL

Number of Homes Flipped: 863

Average Flipping Profit: $75,000

  1. Miami, Florida

County: Miami-Dade

Metro Area: Miami-Fort Lauderdale-West Palm Beach, FL

Number of Homes Flipped: 794

Average Flipping Profit: $80,000

  1. Palm Beach, Florida

County: Palm Beach

Metro Area: Miami-Fort Lauderdale-West Palm Beach, FL

Number of Homes Flipped: 681

Average Flipping Profit: $69,200

  1. Tampa, Florida

County: Pinellas

Metro Area: Tampa-St. Petersburg-Clearwater, FL

Number of Homes Flipped: 642

Average Flipping Profit: $69,900

  1. Riverside, California

County: Riverside

Metro Area: Riverside-San Bernardino-Ontario, CA

Number of Homes Flipped: 631

Average Flipping Profit: $75,500

  1. San Diego, California

County: San Diego

Metro Area: San Diego-Carlsbad, CA

Number of Homes Flipped: 604

Average Flipping Profit: $85,000

  1. Clearwater, Florida

County: Hillsborough

Metro Area: Tampa-St. Petersburg-Clearwater, FL

Number of Homes Flipped: 604

Average Flipping Profit: $60,000

  1. Ontario, California

County: San Bernardino

Metro Area: Riverside-San Bernardino-Ontario, CA

Number of Homes Flipped: 551

Average Flipping Profit: $75,500

  1. Houston, Texas

County: Harris

Metro Area: Houston-The Woodlands-Sugar Land, TX

Number of Homes Flipped: 546

Average Flipping Profit: $48,888

  1. Orlando, Florida

County: Orange

Metro Area: Orlando-Kissimmee-Sanford, FL

Number of Homes Flipped: 528

Average Flipping Profit: $64,000

  1. St. Louis, Missouri

County: Saint Louis

Metro Area: St. Louis, MO-IL

Number of Homes Flipped: 526

Average Flipping Profit: $47,000

  1. Philadelphia, Pennsylvania

County: Philadelphia

Metro Area: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD

Number of Homes Flipped: 521

Average Flipping Profit: $78,046

  1. Dallas, Texas

County: Dallas

Metro Area: Dallas-Fort Worth-Arlington, TX

Number of Homes Flipped: 505

Average Flipping Profit: $59,133

  1. Memphis, Tennessee

County: Shelby

Metro Area: Memphis, TN-MS-AR

Number of Homes Flipped: 487

Average Flipping Profit: $41,500

  1. Arlington, Texas

County: Tarrant

Metro Area: Dallas-Fort Worth-Arlington, TX

Number of Homes Flipped: 444

Average Flipping Profit: $46,161

  1. Detroit, Michigan

County: Wayne

Metro Area: Detroit-Warren-Dearborn, MI

Number of Homes Flipped: 442

Average Flipping Profit: $37,500

Image: feverpitchpro

Comments on articles and responses to those comments are not provided or commissioned by a bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by a bank advertiser. It is not a bank advertiser's responsibility to ensure all posts and/or questions are answered.

Please note that our comments are moderated, so it may take a little time before you see them on the page. Thanks for your patience.

Credit.com receives compensation for the financial products and services advertised on this site if our users apply for and sign up for any of them.

Hello, Reader!

Thanks for checking out Credit.com. We hope you find the site and the journalism we produce useful. We wanted to take some time to tell you a bit about ourselves.

Our People

The Credit.com editorial team is staffed by a team of editors and reporters, each with many years of financial reporting experience. We’ve worked for places like the New York Times, American Banker, Frontline, TheStreet.com, Business Insider, ABC News, NBC News, CNBC and many others. We also employ a few freelancers and more than 50 contributors (these are typically subject matter experts from the worlds of finance, academia, politics, business and elsewhere).

Our Reporting

We take great pains to ensure that the articles, video and graphics you see on Credit.com are thoroughly reported and fact-checked. Each story is read by two separate editors, and we adhere to the highest editorial standards. We’re not perfect, however, and if you see something that you think is wrong, please email us at editorial team [at] credit [dot] com,

The Credit.com editorial team is committed to providing our readers and viewers with sound, well-reported and understandable information designed to inform and empower. We won’t tell you what to do. We will, however, do our best to explain the consequences of various actions, thereby arming you with the information you need to make decisions that are in your best interests. We also write about things relating to money and finance we think are interesting and want to share.

In addition to appearing on Credit.com, our articles are syndicated to dozens of other news sites. We have more than 100 partners, including MSN, ABC News, CBS News, Yahoo, Marketwatch, Scripps, Money Magazine and many others. This network operates similarly to the Associated Press or Reuters, except we focus almost exclusively on issues relating to personal finance. These are not advertorial or paid placements, rather we provide these articles to our partners in most cases for free. These relationships create more awareness of Credit.com in general and they result in more traffic to us as well.

Our Business Model

Credit.com’s journalism is largely supported by an e-commerce business model. Rather than rely on revenue from display ad impressions, Credit.com maintains a financial marketplace separate from its editorial pages. When someone navigates to those pages, and applies for a credit card, for example, Credit.com will get paid what is essentially a finder’s fee if that person ends up getting the card. That doesn’t mean, however, that our editorial decisions are informed by the products available in our marketplace. The editorial team chooses what to write about and how to write about it independently of the decisions and priorities of the business side of the company. In fact, we maintain a strict and important firewall between the editorial and business departments. Our mission as journalists is to serve the reader, not the advertiser. In that sense, we are no different from any other news organization that is supported by ad revenue.

Visitors to Credit.com are also able to register for a free Credit.com account, which gives them access to a tool called The Credit Report Card. This tool provides users with two free credit scores and a breakdown of the information in their Experian credit report, updated twice monthly. Again, this tool is entirely free, and we mention that frequently in our articles, because we think that it’s a good thing for users to have access to data like this. Separate from its educational value, there is also a business angle to the Credit Report Card. Registered users can be matched with products and services for which they are most likely to qualify. In other words, if you register and you find that your credit is less than stellar, Credit.com won’t recommend a high-end platinum credit card that requires an excellent credit score You’d likely get rejected, and that’s no good for you or Credit.com. You’d be no closer to getting a product you need, there’d be a wasted inquiry on your credit report, and Credit.com wouldn’t get paid. These are essentially what are commonly referred to as "targeted ads" in the world of the Internet. Despite all of this, however, even if you never apply for any product, the Credit Report Card will remain free, and none of this will impact how the editorial team reports on credit and credit scores.

Your Stories

Lastly, much of what we do is informed by our own experiences as well as the experiences of our readers. We want to tell your stories if you’re interested in sharing them. Please email us at story ideas [at] credit [dot] com with ideas or visit us on Facebook or Twitter.

Thanks for stopping by.

- The Credit.com Editorial Team