Steuben County, Indiana: Flip Activity Shows 22.6% Gross ROI on 13 Residential Flips in July 2026
Residential real estate investors in Steuben County, Indiana, saw an average gross return on investment of 22.6% on homes bought and resold within 12 months, according to BatchData's Flip Activity Report for July 2026. This period recorded 13 residential flips in the county, indicating focused investor activity within this specific local market. The average gross profit for these flips reached $43,000, with properties turning over in an average of 113 days.
Steuben County Flip Overview
BatchData's analysis of the Steuben County market for July 2026 reveals a distinct snapshot of local real estate investing. The 13 homes flipped within a 12-month period reflect a segment of the market where investors are actively acquiring, improving, and reselling properties. Each of these flips, by definition, involved a purchase and subsequent resale within a year, signaling a strategy focused on capital turnover and value addition. The average gross profit of $43,000 for these transactions provides insight into the potential margins for such endeavors in the county. This gross profit, when measured against the initial purchase price, translates to a gross ROI of 22.6%, a key metric for investors evaluating market efficiency and profitability before accounting for rehab, holding, and selling costs.
The average time to flip in Steuben County stood at 113 days, demonstrating a relatively swift turnaround for investor capital. This indicates that properties are being acquired, renovated, and brought back to market within approximately four months on average, suggesting a responsive local market and efficient investor operations. The activity in Steuben County contributes to the broader understanding of how specific regional markets perform in terms of investor-driven rehab and resale. The volume of activity, alongside the financial metrics, offers a clear picture of the pace and profitability of flipping operations.
Local Market Context and State Comparison
Steuben County's flip activity, while modest in volume, provides important insights when viewed in the context of Indiana's larger real estate landscape. With 13 homes flipped, Steuben County ranks #71 out of 91 counties in Indiana for this period. This volume represents a 0.2% share of the state's total residential flips, which amounted to 7,526 properties across Indiana during July 2026. This smaller share highlights Steuben County as a niche market for flipping when compared to the higher volume activity seen in more populous Indiana counties.
Despite its lower ranking in raw flip count, Steuben County's average gross ROI of 22.6% and average gross profit of $43,000 offer a localized perspective on profitability. While the statewide averages are not provided in this report, Steuben's figures demonstrate that even markets with lower transaction volumes can present viable opportunities for profitable real estate investing. The county's average days to flip at 113 days suggests that local investors are effectively managing their projects to minimize holding costs and accelerate capital redeployment. For investors, understanding these dynamics means assessing whether the specific market offers sufficient inventory and buyer demand to sustain profitable flipping operations, even at a smaller scale. Comparing Steuben County's 13 flips to the national total of 341,944 flips further underscores its status as a localized market, where individual property deals and local economic factors likely play a significant role in investment decisions. BatchData's market reports provide critical data points for investors and analysts to gauge these localized opportunities.