Broome County Sees 253 Home Flips, Averaging 10.5% Gross ROI in July 2026
Real estate investors in Broome County, New York, executed 253 home flips over the trailing 12 months ending July 2026, demonstrating active capital deployment in the local housing market. These residential properties, bought and resold within a year, generated an average gross flip profit of $17,000, translating to a gross ROI of 10.5% before accounting for rehab, holding, and selling costs.
Broome County Flip Activity Overview
Broome County's housing market recorded 253 residential home flips in the 12-month period leading up to July 2026, signaling a consistent appetite for short-term investment strategies. This activity places Broome County as a notable contributor to New York's overall flipping landscape, ranking #11 among the state's 62 counties. The county's 253 flips represent 2.7% of the total 9,352 flips observed across New York State during the same period, according to BatchData's Flip Activity Report.
For investors engaged in these rapid transactions, the average gross profit per flip in Broome County stood at $17,000. This profit figure is critical for evaluating potential returns, especially when considering the subsequent expenses associated with property rehabilitation, financing, and sale. The average gross ROI for these flips was 10.5%, a metric that highlights the return on the initial purchase price before any operational costs are factored in. The average time a property was held before being resold, or the "days to flip," averaged 165 days, suggesting a turnaround time of just over five months for these investment properties. This relatively swift capital cycle is a key consideration for real estate investing strategies focused on liquidity and efficiency.
Local Market Context and Investor Implications
Broome County's position as the #11 ranking county in New York for flip volume indicates a moderately active flipping market within the state. While it contributes 2.7% to New York's total of 9,352 flips, its activity is a significant component of the state's broader real estate investment picture, which collectively saw 341,944 flips nationally. This level of activity suggests that Broome County offers consistent opportunities for investors seeking to acquire, renovate, and resell properties within a 12-month timeframe.
The average days to flip of 165 days in Broome County provides insight into the velocity of capital turnover for local investors. A holding period of approximately five and a half months suggests that properties are moving through the renovation and resale process at a pace that can support multiple investment cycles within a year. This is particularly relevant for investors managing portfolios or seeking to maximize their capital deployment. The $17,000 average gross profit and 10.5% gross ROI are key figures for prospective investors to weigh against their anticipated costs for renovation, property taxes, insurance, and selling fees. Understanding these gross margins is essential for calculating net profitability and assessing the viability of local flipping projects.
For investors, Broome County's consistent flip activity, coupled with its average gross profit and ROI, points to a stable market for short-term residential investments. The market's performance, as evidenced by these metrics, suggests that while it may not lead the state in sheer volume like larger metropolitan areas, it provides a reliable environment for those focused on property rehabilitation and resale. The county's ability to support 253 flips within a year, with a clear average timeframe and profit margin, makes it a transparent market for those evaluating entry or expansion into flipping.