Onondaga County Sees 399 Home Flips, Averaging 55.4% Gross ROI
Residential property investors in Onondaga County achieved an average gross profit of $84K on each flip over the past year.
Real estate investors in Onondaga County, New York, are turning properties quickly and profitably, with 399 residential homes flipped over the past 12 months through July 2026, according to BatchData's Flip Activity Report. These investment properties yielded an impressive average gross ROI of 55.4%, underscoring the market's potential for significant returns.
County Overview
Onondaga County's residential real estate market recorded 399 home flips over the 12-month period concluding July 2026. This activity, defined as properties bought and resold within a year, demonstrates a robust appetite for real estate investing in the region. Each of these flips generated an average gross profit of $84K, a substantial return for investors. This strong profitability is further highlighted by an average gross ROI of 55.4%, a key metric for evaluating investment efficiency before accounting for operational costs like rehabilitation or holding expenses. The pace of these transactions is also notable, with an average of 175 days to flip a property, indicating a relatively swift capital turnover for investors in the county.
Within New York State, Onondaga County holds a significant position in the flip market, ranking #6 out of 62 counties. This places it among the top performers, contributing 4.3% of the state's total 9,352 residential flips. While the state of New York saw 9,352 homes flipped and the national market recorded 341,944 flips, Onondaga County's consistent activity and attractive profit margins make it a noteworthy area for those looking to capitalize on property rehabilitation and resale. The volume suggests a healthy flow of inventory suitable for value-add strategies.
The impressive 55.4% average gross ROI in Onondaga County provides a clear signal of the market's profitability potential. This figure, calculated as gross flip profit divided by purchase price, allows investors to gauge the financial viability of projects before factoring in the costs of renovation, property taxes, or agent fees. Coupled with an average days-to-flip of 175 days, which is less than six months, the market suggests efficiency in both project execution and buyer demand. This rapid turnaround enables investors to recycle their capital more frequently, potentially increasing overall annual returns by undertaking multiple projects.
Local Market Context
Onondaga County's #6 ranking within New York's 62 counties, alongside its 4.3% share of the state's 9,352 flips, indicates a distinct market profile. This isn't merely a function of its size; rather, it points to a consistent environment where properties are available for acquisition, value creation, and resale. This steady volume, combined with the high gross ROI, suggests a market that balances opportunity with reasonable competition, unlike some larger counties that might see inflated prices or thinner margins due to intense investor interest. The market appears supportive for both seasoned and emerging property investors.
The average time of 175 days to flip a property in Onondaga County is a critical factor for investor strategies, particularly for those focused on short-term capital deployment. A hold period under six months allows for quick realization of profits and redeployment of funds into new projects, enhancing overall portfolio velocity. This characteristic is particularly appealing for small landlords and everyday owners who rely on efficient capital turns to scale their operations. It signals a market where buyers are readily available for renovated homes, ensuring liquidity for investor-owned properties.
The consistent gross profit of $84K per flip in Onondaga County reflects a market where property values support significant appreciation through renovation. This indicates a healthy demand for updated residential properties and a willingness among buyers to pay for value-added improvements. For investors, this suggests that strategic property selection and effective project management can consistently lead to strong financial outcomes. The market's performance, as detailed in this flip activity report, offers a compelling case for continued investment.
To gain a more comprehensive understanding of the Onondaga County real estate landscape, investors can leverage BatchData's extensive suite of market reports. For example, examining pre-foreclosure data can identify distressed asset opportunities, while a vacancy rates report offers insights into rental market health and potential for long-term holds. Furthermore, utilizing property data API or bulk data delivery can provide granular details on individual properties, owner types, and transaction histories, enabling highly targeted investment strategies in Onondaga County.