Flipping houses pays in these states

Flipping houses peaked in 2022 with 441,000 deals and 298,000 houses were flipped in 2024, down 32.4%.

However, flipping houses is still profitable in some areas with the average gross profit in the top ten states at $112,321 as listed below (the gross profit is included.

1. Delaware – $165,763
2. Maryland – $150,000
3. New Jersey – $149,550
4. Virginia – $120,000
5. Pennsylvania – $113,900
6. Tennessee – $100,000
7. Illinois – $90,000
8. Kentucky – $85,000
9. Louisiana – $78,000
10. Michigan – $71,000