Carteret, NC Investors Flipped 82 Homes with $106K Average Gross Profit in July 2026
Investors in Carteret County, North Carolina, actively engaged in the housing market, flipping 82 residential properties over the trailing 12 months ending July 2026. These investment activities yielded an average gross profit of $106,000 per flip, representing a robust 29.3% gross return on investment. Properties in the county were turned over relatively quickly, with an average of 212 days from purchase to resale.
County Overview
Carteret County's real estate market demonstrates consistent investor activity, with 82 homes flipped in the period leading up to July 2026. This level of activity places Carteret County at #40 among North Carolina's 99 counties in terms of flip volume, accounting for 0.6% of the state's total 14,658 residential flips. While a smaller component of the broader state market, this figure indicates a focused segment of real estate investing within the county.
The financial performance of these flips highlights the potential for profitability in the region. According to BatchData's Flip Activity Report, the average gross profit for a flipped home in Carteret County reached $106,000. This substantial profit translates to an average gross ROI of 29.3%, a key metric for investors evaluating the efficiency of their capital deployment. It's important to note that this gross ROI figure excludes rehabilitation, holding, and selling costs, providing a clear picture of the initial margin potential. The average time taken to complete a flip in Carteret County was 212 days, signaling a moderate pace for capital turnover for properties purchased and resold within a 12-month window.
Local Market Context
For investors and agents monitoring market dynamics, Carteret County's flip metrics offer valuable insights. The county's 82 flips contribute to a statewide total of 14,658 homes flipped in North Carolina, with the national total standing at 341,944. This comparison shows Carteret County as an active, albeit smaller, participant in the larger flipping landscape. Its ranking at #40 within North Carolina suggests that while it doesn't lead the state in raw volume, it maintains a consistent presence among other counties, driven by its distinct local market conditions.
The average gross profit of $106,000 and the 29.3% gross ROI indicate that investors in Carteret County are finding opportunities to add value and achieve significant returns on their property acquisitions. These figures signal a healthy environment for property rehabilitation and resale, often driven by demand for updated housing stock. The average 212-day hold period reflects the time investors are taking to acquire, renovate, and remarket these properties, providing a benchmark for operational planning. This data, sourced from comprehensive property data analyses, helps stakeholders understand the pace and profitability of capital investment in the local market. For those interested in deeper market analysis, BatchData's market reports provide granular insights into various real estate segments, enabling more informed decision-making for both local and broader investment strategies.