Holmes County, Ohio, Sees 20 Home Flips, Averaging $60K Gross Profit in July 2026
Holmes County, Ohio, recorded 20 residential home flips over the trailing 12 months ending July 2026, showcasing a focused market for real estate investors. Despite its smaller scale, these properties, bought and resold within a year, generated a compelling average gross profit of $60,000 per flip. This activity translates to an average gross return on investment (ROI) of 24.3%, with properties turning over efficiently in an average of 158 days, highlighting the market's potential for profitable, fast-moving capital.
County Overview: Flip Activity in Holmes, OH
According to BatchData's Flip Activity Report for July 2026, Holmes County experienced 20 residential property flips within the preceding 12 months. This figure, while not indicative of a high-volume market, points to a consistent presence of investor-driven rehab activity. The average gross profit achieved on these flips was $60,000, a significant margin that underscores the potential for substantial earnings before factoring in renovation, holding, and selling costs. This level of profit signals that the properties being targeted for flipping, and the subsequent improvements, are meeting a specific demand within the local market.
The profitability of these ventures is further highlighted by an average gross ROI of 24.3% for flipped homes in Holmes County. This metric is crucial for investors, as it provides a clear indication of capital efficiency relative to the purchase price. A gross ROI exceeding 20% suggests that well-executed projects can yield strong returns. Complementing these robust financial metrics is the efficiency of capital turnover, with an average days to flip recorded at 158 days. This relatively short hold length, falling well within the "fast" category of under six months, indicates that investors are capable of quickly acquiring, renovating, and reselling properties. Such rapid turnover allows investors to redeploy capital more frequently, maximizing potential annual returns in a market where opportunities, though fewer, prove to be quite effective.
Local Market Context and Investor Implications
Holmes County's flip activity, though demonstrating strong per-property performance, places it as a distinct market within Ohio. The county ranks #79 out of 87 counties in Ohio for flip volume, contributing a modest 0.1% to the state's total of 19,842 flips. This substantial disparity in volume between Holmes County and the broader state and national markets, the national total for flips stands at 341,944, indicates that investors here operate within a highly localized and specialized environment. Unlike high-volume markets where rapid transactions across many properties might be the norm, Holmes County demands a more targeted approach, focusing on specific properties with clear value-add potential.
Despite its smaller scale, the county's average gross profit of $60,000 and gross ROI of 24.3% suggest that individual flip projects in Holmes County are competitively profitable. This performance implies that while the sheer number of opportunities may be limited, those that are identified and executed successfully offer strong financial incentives. The average hold length of 158 days further supports this, indicating that investors are not tying up capital for extended periods, which is vital for maintaining liquidity and maximizing the velocity of capital in real estate investing. This efficiency in capital deployment can be a significant advantage, particularly for smaller-scale or local investors who prioritize quick returns on individual projects.
For investors considering Holmes County, the data points towards a market where success hinges on deep local knowledge and effective property sourcing. Leveraging advanced property data and local insights can be crucial for identifying the specific types of homes that respond well to renovation and have strong buyer demand. The strong gross margins and rapid turnaround times found in Holmes County flips suggest that while it may not attract institutional or Wall Street investors seeking large-scale portfolio acquisitions, it presents compelling opportunities for mom-and-pop landlords and experienced local flippers focused on profitable, efficient ventures. The market's characteristics emphasize a strategy of quality over quantity, where each successful flip significantly contributes to an investor's overall portfolio performance, as detailed in this market report from BatchData.