Franklin County Sees 28 Home Flips with a 35.3% Average Gross ROI in July 2026
In July 2026, Franklin County, New York, recorded 28 residential properties bought and resold within a 12-month period, indicating active home flipping within the market. These transactions generated an average gross flip profit of $38K, alongside an average gross ROI of 35.3% for investors. This data, according to BatchData's Flip Activity Report, offers a snapshot of the investor appetite for capital-turnaround strategies in the region.
County Overview
Franklin County's residential flipping activity, totaling 28 homes over the trailing 12 months, reflects a niche but present segment of its real estate market. The average gross profit of $38K per flip highlights potential returns for those engaged in property renovation and rapid resale. This gross ROI, calculated before accounting for rehab, holding, and selling costs, provides a key metric for evaluating the initial financial viability of such ventures. The average days to flip in Franklin County stood at 200 days, indicating that properties are typically held for just over six months before being resold. This falls into the "longer hold" category (6-12 months) of flip activity, suggesting investors in this market might be undertaking more significant renovations or waiting for optimal selling conditions compared to faster turnaround markets.
Understanding the specific dynamics of these flips, including the breakdown of purchase prices, resale values, and the duration properties are held, is crucial for real estate investing strategies. While the number of flips is modest, the average gross ROI of 35.3% signals that successful projects can yield substantial returns on the initial investment. Investors typically look for strong gross ROI figures to ensure enough margin remains after all expenses are factored in. The 200-day average hold period is also an important consideration, as a longer hold can impact carrying costs and the speed at which capital can be redeployed into new projects.
Local Market Context
Franklin County's flip activity represents a small fraction of the broader New York state market. With 28 homes flipped, the county ranks #47 out of 62 counties in New York, accounting for 0.3% of the state's total of 9,352 residential flips. This places Franklin County among the less active markets for property flipping within the state, especially when compared to the national total of 341,944 flips. The relatively low volume suggests that while opportunities exist, the market may not attract the same level of concentrated investor interest seen in larger, more frequently discussed flipping hotspots.
Despite its smaller share of the state's total flip volume, Franklin County's average gross ROI of 35.3% still provides a compelling incentive for local investors. This figure can be particularly attractive in markets with less competition, where the potential for value-add through renovation remains strong. For investors, understanding these local market nuances is critical. A market with fewer overall transactions but healthy profit margins, such as Franklin County, might appeal to individual or small-scale investors who prefer a less competitive environment. The consistent average days to flip at 200 days, along with the average gross profit of $38K, indicates a predictable, albeit lower volume, flipping cycle for those targeting properties in this region. This information, along with other insights available through property datasets and market reports from BatchData, helps investors pinpoint specific opportunities and risks in county-level markets.