Morgan County, OH, Sees 11 Home Flips with 61.8% Gross ROI in July 2026
Morgan County, Ohio, recorded 11 residential home flips in the trailing 12-month period ending July 2026, indicating a focused but low-volume market for real estate investors. These properties yielded an average gross profit of $71,000 per flip, alongside a substantial average gross ROI of 61.8%. The average time taken to complete these transactions was 194 days, signaling a moderate holding period for flipped properties in the area.
County Overview: Flip Activity in Morgan, OH
According to BatchData's Flip Activity Report, Morgan County, OH, registered 11 residential home flips in the 12 months leading up to July 2026. This figure reflects the total number of properties purchased and resold within a year, demonstrating local investor activity. The average gross profit for these flips reached $71,000, a significant return for the local market. This gross profit, which is the difference between the purchase and resale price before considering rehab, holding, or selling costs, highlights the potential for profitability within specific investment strategies in the county.
The average gross ROI for these flips stood at an impressive 61.8%. This metric, calculated as gross flip profit divided by the purchase price, offers a clear indication of capital efficiency for investors. While this is a gross figure, it suggests that properties in Morgan County can offer attractive returns on initial investment. The average time to flip in the county was 194 days. This duration, falling within the 6-12 month "longer hold" category, indicates that investors are taking a measured approach, potentially allowing for more extensive renovations or waiting for optimal market conditions before reselling. Such a holding period could also reflect the pace of activity in a smaller market.
Local Market Context and Investment Implications
Morgan County's flip activity, with 11 homes flipped, places it at #84 among Ohio's 87 counties. This ranking underscores its position as a market with comparatively lower volume within the state. The county's flip count represents just 0.1% of Ohio's total of 19,842 flips, according to BatchData's data for the same period. This low share suggests that while flipping opportunities exist, they are far less concentrated in Morgan County compared to more populous or active real estate markets across Ohio. For real estate investing professionals, this low volume implies a more niche market where opportunities might require deeper local knowledge and targeted property search efforts.
Despite the low volume, the average gross ROI of 61.8% in Morgan County suggests that successful flips can be highly profitable for local investors. This contrasts with the broader state and national trends, which often see lower average ROIs due to higher competition and property values in more liquid markets. Ohio's total of 19,842 flips and the national total of 341,944 flips highlight the sheer scale of flipping activity elsewhere. Morgan County's relatively high ROI, combined with its slower average flip time of 194 days, suggests that investors may be acquiring properties at favorable prices, performing value-add renovations, and then reselling without the pressure of a fast-moving, high-volume market.
For investors considering Morgan County, the data points to a market where individual deals can be lucrative, but the overall volume is low. This might appeal to smaller mom-and-pop landlords or those seeking less competitive environments for their investment strategies. The higher gross ROI could compensate for the fewer available opportunities, provided investors conduct thorough due diligence and accurate assessment of renovation costs. BatchData's robust property datasets and property data API can provide the granular detail needed to identify these specific, high-potential properties in smaller markets like Morgan County. The unique characteristics of this market, including its lower volume but solid returns, mean that trends here may diverge structurally from state and national averages, offering a distinct set of challenges and rewards for those who understand its dynamics.