ATTOM’s Q2 2026 U.S. Home Flipping Report found that 77,991 single-family homes and condos were flipped in the second quarter, making up 6.2 percent of all home sales.
The report stated that the typical profit margin on home flips decreased to 21.5 percent in the second quarter of 2026, compared with 25.7 percent in the first quarter and 27.6 percent in the second quarter of 2025.
The latest home flipping analysis also found that nationwide, typical returns on investment and gross profits from home flipping have been declining steadily for two years. In the second quarter of 2026, the typical gross profit, the difference between the purchase and resale price, fell to $60,526, down from $66,932 in the previous quarter and $71,000 a year earlier.
The flipping report also revealed that typical profit margins for home flippers declined from the previous quarter in 67.7 percent (126) of the 186 metro areas analyzed.
The analysis showed that properties purchased for between $100,000 and $200,000 remained the sweet spot for home flippers, generating typical profit margins of 28 percent nationwide. Margins were also relatively strong for homes purchased for $200,000 to $300,000, at 26 percent, and $300,000 to $400,000, at 20 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 Q2 2026. Among metros with populations above 200,000 and at least 50 home flips during the quarter, the leaders were:
#1 – Spartanburg, SC
• Q2 2026 Original Median Purchase Price: $136,000
• Q2 2026 Gross ROI: 73.2%
• Q2 2025 Gross ROI: 20.2%
#2 – Evansville, IN
• Q2 2026 Original Median Purchase Price: $120,750
• Q2 2026 Gross ROI: 72.2%
• Q2 2025 Gross ROI: 24.9%
#3 – Macon, GA
• Q2 2026 Original Median Purchase Price: $98,500
• Q2 2026 Gross ROI: 47.2%
• Q2 2025 Gross ROI: 24.9%
#4 – Flint, MI
• Q2 2026 Original Median Purchase Price: $71,000
• Q2 2026 Gross ROI: 108.1%
• Q2 2025 Gross ROI: 86.7%
#5 – Tuscaloosa, AL
• Q2 2026 Original Median Purchase Price: $163,000
• Q2 2026 Gross ROI: 52.1%
• Q2 2025 Gross ROI: 32.2%
#6 – Norwich, CT
• Q2 2026 Original Median Purchase Price: $241,500
• Q2 2026 Gross ROI: 51.1%
• Q2 2025 Gross ROI: 32.3%
#7 – Hickory, NC
• Q2 2026 Original Median Purchase Price: $180,000
• Q2 2026 Gross ROI: 47.2%
• Q2 2025 Gross ROI: 29.9%
#8 – Gainesville, FL
• Q2 2026 Original Median Purchase Price: $198,500
• Q2 2026 Gross ROI: 36.6%
• Q2 2025 Gross ROI: 20.8%
#9 – Ann Arbor, MI
• Q2 2026 Original Median Purchase Price: $270,384
• Q2 2026 Gross ROI: 38.7%
• Q2 2025 Gross ROI: 23.8%
#10 – Dayton, OH
• Q2 2026 Original Median Purchase Price: $133,700
• Q2 2026 Gross ROI: 60.8%
• Q2 2025 Gross ROI: 46.8%
Want to learn more about home flipping trends in your area? Contact us to find out how!
