Franklin County, NC Sees 121 Home Flips with Average Gross ROI of 33.4% in July 2026
Franklin County, North Carolina, registered 121 residential home flips in the 12 months leading up to July 2026, signaling consistent investor activity within the market. These properties generated an average gross profit of $84,000 per flip, translating to a substantial 33.4% average gross return on investment (ROI) for investors. This level of activity and profitability underscores Franklin County's appeal for real estate investors seeking opportunities to acquire, renovate, and resell properties within a 12-month timeframe.
County Overview
During the period ending July 2026, Franklin County's real estate market saw 121 homes bought and resold within 12 months, according to BatchData's Flip Activity Report. This figure reflects the volume of properties undergoing significant value-add renovation or strategic re-positioning by investors. Each of these flips, on average, yielded a gross profit of $84,000, indicating healthy margins before considering renovation, holding, and selling costs. The average gross ROI stood at 33.4%, a strong indicator of the market's potential for capital appreciation on flipped properties. Furthermore, the average time to complete a flip in Franklin County was 151 days, suggesting a relatively fast capital turnover for investors engaged in this strategy.
Analyzing its statewide position, Franklin County ranks #29 among North Carolina's 99 counties for flip activity. While its 121 flips represent 0.8% of the state's total 14,658 flips, this ranking indicates that Franklin County maintains a notable presence in the state's investor landscape despite not being one of the largest counties by volume. The county's average gross profit of $84,000 and 33.4% average gross ROI suggest that while the volume may be smaller compared to more populous areas, the profitability per transaction remains attractive.
Local Market Context
Franklin County's flip market metrics offer a distinct profile for real estate investors. The average gross profit of $84,000 per flip, coupled with an average gross ROI of 33.4%, points to a market where strategic property selection and effective renovation can lead to significant returns. These figures demonstrate that even within a market with a moderate volume of flips, the potential for individual project profitability is robust. For investors, this suggests that the local demand for renovated homes supports strong resale values, validating the rehab-to-resale model.
The average days to flip in Franklin County is 151 days. This relatively swift turnaround time, typically just over five months, signifies an efficient market where capital can be redeployed quickly. For investors focused on maximizing their capital velocity, this short hold length is a critical factor, allowing for more projects to be undertaken within a given investment cycle. Compared to the national total of 341,944 flips, Franklin County's 121 flips represent a focused, localized segment of the broader U.S. real estate investment market.
While Franklin County's share of the state's total flips is 0.8%, its #29 ranking out of 99 counties in North Carolina suggests a market that, while not dominating in sheer volume, offers consistent and profitable opportunities. This positioning implies that Franklin County's flip market is not merely a reflection of overall state trends but possesses its own unique dynamics regarding investor activity, property values, and buyer demand for renovated homes. For real estate investors, understanding these specific local market characteristics is crucial for identifying viable projects and executing successful real estate investing strategies. Accessing detailed property data through services like BatchData can provide the granular insights needed to navigate these opportunities effectively.