ATTOM’s Q1 2026 U.S. Home Flipping Report found that 64,348 single-family homes and condominiums were flipped during the first quarter, accounting for 8 percent of all home sales from January through March.
The report stated that the typical profit margin on a flipped home rose to 25.4 percent in the first quarter, up from 24.7 percent in the previous quarter, which marked the lowest level since mid-2008. Profit margins remained below the 29.6 percent return recorded a year earlier.
The latest home flipping analysis also found that gross profits, measured as the difference between the purchase and resale price of a home, rose from $64,300 in the previous quarter to $66,000 in the first quarter of 2026. However, that remained below the typical gross profit of $74,172 recorded a year earlier.
The flipping report also revealed that the highest returns on investment came from homes originally purchased for between $100,000 and $200,000, which generated a typical profit margin of 32 percent. By contrast, homes acquired for less than $50,000 typically sold at a loss, with returns averaging negative 14 percent.
In this post, we take a closer look at the data behind ATTOM’s latest U.S. Home Flipping Report, highlighting the 10 U.S. metros that posted the largest annual increases in home-flipping returns on investment in Q1 2026. Among metros with populations above 200,000 and at least 50 home flips during the quarter, the leaders were:
#1 – Spartanburg, SC
• Q1 2026 Original Median Purchase Price: $118,903
• Q1 2026 Gross ROI: 114.6%
• Q1 2025 Gross ROI: 54%
#2 – Crestview-Fort Walton Beach-Destin, FL
• Q1 2026 Original Median Purchase Price: $272,000
• Q1 2026 Gross ROI: 47.1%
• Q1 2025 Gross ROI: 2.7%
#3 – Hickory-Lenoir-Morganton, NC
• Q1 2026 Original Median Purchase Price: $130,500
• Q1 2026 Gross ROI: 76.2%
• Q1 2025 Gross ROI: 34.1%
#4 – Macon, GA
• Q1 2026 Original Median Purchase Price: $93,234
• Q1 2026 Gross ROI: 67.3%
• Q1 2025 Gross ROI: 26.5%
#5 – Pensacola-Ferry Pass-Brent, FL
• Q1 2026 Original Median Purchase Price: $136,500
• Q1 2026 Gross ROI: 85.3%
• Q1 2025 Gross ROI: 46%
#6 – Lynchburg, VA
• Q1 2026 Original Median Purchase Price: $181,000
• Q1 2026 Gross ROI: 59.9%
• Q1 2025 Gross ROI: 23.2%
#7 – Flint, MI
• Q1 2026 Original Median Purchase Price: $51,315.50
• Q1 2026 Gross ROI: 112.1%
• Q1 2025 Gross ROI: 79.3%
#8 – Reading, PA
• Q1 2026 Original Median Purchase Price: $145,000
• Q1 2026 Gross ROI: 95.9%
• Q1 2025 Gross ROI: 63.6%
#9 – Tuscaloosa, AL
• Q1 2026 Original Median Purchase Price: $140,000
• Q1 2026 Gross ROI: 60.7%
• Q1 2025 Gross ROI: 31.5%
#10 – Athens-Clarke County, GA
• Q1 2026 Original Median Purchase Price: $235,000
• Q1 2026 Gross ROI: 28.1%
• Q1 2025 Gross ROI: 3.2%
Want to learn more about home flipping trends in your area? Contact us to find out how!
