Home Flipping Profits Decline in Q2 2026

IRVINE, Calif., Oct. 1, 2026 /CourierPR/ -- Home flipping profits continued a gradual two-year decline in the second quarter of 2026, according to a report by ATTOM, the leading provider of property data and real estate analytics solutions. The typical flipped home generated a 21.5 percent profit in the quarter, down from 25.7 percent in the previous quarter and 27.6 percent at the same time last year.

The report, which analyzed 77,991 single-family homes and condominiums flipped in the second quarter, showed a decrease in the overall number of flipped homes compared to the previous quarter and the same period in 2025. While the number of flipped homes was higher than the previous quarter's mark of 64,760, it was lower than the 80,477 homes flipped in the second quarter of 2025.

The flipping rate, measured as a percentage of total home sales nationwide, dipped to 6.2 percent in the second quarter, down from 8 percent in the previous quarter and 7.3 percent in the second quarter of 2025. The overall flipping rate declined in 87.1 percent (162) of the 186 metropolitan statistical areas with sufficient data to analyze. Among these, 70.4 (131) of the metro areas saw a decrease in the flipping rate compared to the same period last year.

The metros with the highest flipping rates in the second quarter of 2026 included Columbus, GA (13.6 percent of all home sales), Canton, OH (11.6 percent), Akron, OH (11.2 percent), Fayetteville, NC (10.9 percent), and Macon, GA (10.6 percent). Among metros with populations over 1 million, the highest flipping rates were in Cleveland, OH (10.4 percent), Columbus, OH (9.5 percent), Memphis, TN (9.5 percent), Dallas, TX (9.4 percent), and Phoenix, AZ (8.9 percent).

The report also noted that the typical gross profit from flipping homes, the difference between what flippers purchased and sold homes for, was $60,526 in the second quarter of 2026. This was down from $66,932 in the previous quarter and $71,000 at the same time last year. Flipping rate declines were observed across most metro areas, with 87.1 percent of the 186 metropolitan statistical areas experiencing a decline in the flipping rate quarter-over-quarter.

Flipping returns varied widely by metro area and purchase price. The sweet spot for flipping homes continued to be properties acquired for between $100,000 and $200,000, which generated typical profit margins of 28 percent nationwide. Returns remained relatively strong for properties acquired for between $200,000 and $300,000, at 26 percent, and between $300,000 and $400,000, at 20 percent. At the very bottom of the market, homes acquired for $50,000 or less generated a typical loss of $15,000, representing a negative 38 percent return.

The typical home flipped in the second quarter of 2026 took 161 days from initial purchase to resale, down from 165 days in the previous quarter and 166 days in the second quarter of 2025. The share of flipped homes sold to buyers using Federal Housing Administration-backed mortgages rose to 10.7 percent in the second quarter of 2026, up slightly from 10.1 percent the prior quarter but down from 12.3 percent at the same time last year.