The average gross profit made per home flip in the United States decreased slightly in 2022, reflecting the cooling of the housing market and a slower growth in house prices. In 2022, the typical gross profit on home flips was nearly 68,000 U.S. dollars, down from 70,000 U.S. dollars in 2021. House flipping is a real estate term which refers to the practice of an investor buying property with the aim of reselling them for a profit. The investor either invests capital into each respective property in the form of renovations or simply resells the properties if home prices are on the rise.
Average gross profit made per home flip in the United States from 2005 to 2022
(in 1,000 U.S. dollars)
Characteristic
Amount in thousand U.S. dollars
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ATTOM Data Solutions. (March 23, 2023). Average gross profit made per home flip in the United States from 2005 to 2022 (in 1,000 U.S. dollars) [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/816742/average-gross-profit-made-per-home-flip-usa/
ATTOM Data Solutions. "Average gross profit made per home flip in the United States from 2005 to 2022 (in 1,000 U.S. dollars)." Chart. March 23, 2023. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/816742/average-gross-profit-made-per-home-flip-usa/
ATTOM Data Solutions. (2023). Average gross profit made per home flip in the United States from 2005 to 2022 (in 1,000 U.S. dollars). Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/816742/average-gross-profit-made-per-home-flip-usa/
ATTOM Data Solutions. "Average Gross Profit Made per Home Flip in The United States from 2005 to 2022 (in 1,000 U.S. Dollars)." Statista, Statista Inc., 23 Mar 2023, https://www.statista.com/statistics/816742/average-gross-profit-made-per-home-flip-usa/
ATTOM Data Solutions, Average gross profit made per home flip in the United States from 2005 to 2022 (in 1,000 U.S. dollars) Statista, https://www.statista.com/statistics/816742/average-gross-profit-made-per-home-flip-usa/ (last visited September 01, 2024)
Average gross profit made per home flip in the United States from 2005 to 2022 (in 1,000 U.S. dollars) [Graph], ATTOM Data Solutions, March 23, 2023. [Online]. Available: https://www.statista.com/statistics/816742/average-gross-profit-made-per-home-flip-usa/