Greene County, NY Sees 24 Home Flips with 56.7% Average Gross ROI in July 2026
Despite a modest volume of transactions, Greene County, New York, presented a notable average gross return on investment for property flips during the trailing 12 months ending July 2026, according to BatchData's Flip Activity Report. The local market saw 24 homes flipped, generating an average gross profit of $119K per transaction.
County Overview
Greene County's real estate market recorded 24 residential homes flipped over the past 12 months, signaling a segment of investor activity focused on value-add opportunities. These transactions represent properties bought and resold within a 12-month timeframe, often indicating significant renovation or improvement efforts. The relatively contained number of flips suggests a specific niche for real estate investing within the county, where investors might focus on individual property opportunities rather than high-volume turnover.
The financial performance of these flips in Greene County demonstrated substantial returns, with an average gross profit reaching $119K. This figure reflects the difference between the prior sale price and the most recent sale price, before accounting for rehab, holding, or selling costs. Complementing this, the average gross ROI stood at 56.7%, indicating that investors in Greene County generated significant returns relative to their initial purchase price. Such a high gross ROI can attract investors looking for strong potential margins, even in markets with lower transaction volumes, provided they can manage the associated operational costs effectively.
Investors in Greene County completed these flip projects within an average of 212 days. This holding period, roughly seven months, points to a moderate pace of capital turnover for fix-and-flip projects. A 212-day average suggests that while some properties may turn over quickly, others might involve more extensive renovations or a longer market period to achieve optimal resale value. Understanding this average time to flip is crucial for investors planning their capital allocation and project timelines in the region.
Local Market Context
Greene County's flip activity places it as a smaller player within the broader New York state market. According to BatchData figures, Greene County ranks #49 of 62 counties in New York for flip volume, accounting for just 0.3% of the state's total of 9,352 flips. This concentration of activity highlights the county's distinct market dynamics, where flip opportunities are fewer compared to more populous or active regions within the state. For investors, this means a more targeted approach is often necessary, relying on detailed property data and local market intelligence to identify suitable projects.
While its raw flip count of 24 homes is a small fraction of the 341,944 national total, Greene County's average gross ROI of 56.7% suggests that the opportunities present are often highly profitable on a per-deal basis. This relatively high gross ROI, coupled with an average gross profit of $119K, can make Greene County an attractive, albeit smaller, market for real estate investor looking for substantial returns. The longer average days to flip (212 days) compared to some faster-paced markets might indicate a more hands-on, value-add strategy where investors are willing to hold properties longer to maximize their profit margins.
For investors considering Greene County, the data points to a market where careful deal selection is paramount. The lower volume of flips compared to the state and national averages means that competition for prime properties might be less intense than in higher-volume markets, but the pool of available flip candidates is also smaller. Investors leveraging advanced tools like smart search and smart monitoring can gain an edge in identifying undervalued properties that align with the county's demonstrated potential for strong gross returns. The significant average gross profit and ROI indicate that while opportunities are fewer, they can be quite lucrative for those who navigate the local market effectively.