Crook County, Wyoming Registers 2 Home Flips with an Average 29.6% Gross ROI in July 2026
Despite minimal activity, the few home flips in Crook County delivered notable returns, with an average gross profit of $61K per transaction, signaling targeted opportunities for savvy investors.
County Overview: Limited Flipping Activity with Strong Gross Returns
In July 2026, Crook County, Wyoming recorded a notably low volume of residential home flips, with only 2 properties bought and resold within a 12-month period, according to BatchData's Flip Activity Report. This limited activity positions Crook County as a highly niche market for real estate investing, contrasting sharply with broader state and national trends. For the properties that did undergo a flip, the average gross profit stood at $61K, demonstrating significant potential for individual transactions.
These two flips in Crook County achieved an average gross ROI of 29.6%, a strong return given the purchase price. This gross ROI figure, which excludes rehab, holding, and selling costs, indicates that the properties involved generated substantial value before accounting for operational expenses. Furthermore, the average time to flip these homes was 178 days. This relatively swift turnaround suggests efficient capital deployment and quick realization of profits for the specific projects undertaken in the county, falling within the 6-12 month hold length category, but closer to the faster end of that spectrum.
Crook County's flipping volume places it #17 of the 21 counties in Wyoming, accounting for a mere 0.7% of the state's total flip activity. The state of Wyoming collectively saw 299 homes flipped during the same period, which itself is a modest figure when compared to the national total of 341,944 flips. This context underscores that Crook County is not a high-volume market for flipping, reflecting a broader pattern of lower activity across the state relative to the entire U.S. real estate landscape. The low count of 2 flips means that while the average profit and ROI are high, they are derived from a very small sample size, indicating that opportunities are scarce and highly specific.
Local Market Context: High Returns in a Niche Investment Landscape
The low volume of just 2 homes flipped in Crook County suggests a market where opportunities are rare but potentially lucrative for those with deep local knowledge and specific acquisition strategies. The average gross profit of $61K per flip, alongside an impressive 29.6% average gross ROI, indicates that successful flipping ventures in this county can yield substantial returns. This profitability, however, is balanced by the scarcity of suitable properties that meet flipping criteria. Investors focusing on this market would likely need to employ meticulous property search strategies, potentially leveraging property data API solutions to identify distressed assets or off-market opportunities.
The average days to flip of 178 days highlights an efficient capital cycle for the properties involved. This quick turnaround, under six months, suggests that properties were either acquired at favorable prices requiring minimal renovation or were in high demand upon resale. For real estate investing, faster capital turnover is crucial, as it allows investors to redeploy funds more quickly into new projects. In a market with limited inventory, the ability to identify and execute on such fast-moving opportunities becomes even more critical.
When comparing Crook County to the broader state and national landscape, its modest flip activity is structurally consistent with Wyoming's overall lower volume. Wyoming's total of 299 flips is significantly smaller than the national figure of 341,944, suggesting that the entire state leans towards a less active flipping environment compared to more populous regions. This implies that the characteristics observed in Crook County, low volume but potentially high gross margins for successful flips, might be reflective of a regional trend rather than an isolated anomaly. Investors eyeing Wyoming, and particularly counties like Crook, would need to prioritize quality over quantity, focusing on individual property fundamentals and leveraging comprehensive property datasets to uncover hidden value. This market is likely more suitable for specialized or local investors rather than those seeking high-volume, rapid-fire flipping operations.