Flip Index

The state of U.S. house flipping in Q2 2026: profits, volume, speed and where flips pay. Updated each quarter.

21.5%Typical margin▼ from 25.7% in Q1
$60,526Typical gross profit▼ from $66,932 in Q1
77,991Homes flipped▲ from 64,760 in Q1
161Typical days to flip▼ from 165 in Q1
6.2%Flips as share of sales▼ from 8.0% in Q1
10.7%Sold to FHA buyers▲ from 10.1% in Q1

Where flips pay most

Typical margin · metros over 1M
Pittsburgh
81.5%
Buffalo
76.6%
New Orleans
75.0%
Virginia Beach
63.4%
Philadelphia
62.8%

Where margins are thinnest

Typical margin · metros over 1M
San Antonio
−0.3%
Dallas
1.8%
Austin
2.8%
Houston
3.7%
Salt Lake City
4.7%

Scaled to 10% to show the differences.

Margin by purchase price

Typical margin, U.S.
Under $50K
−38.0%
$100K–$200K
28.0%
$200K–$300K
26.0%
$300K–$400K
20.0%

Rates that move flips

The prime rate drives many floating-rate rehab and bridge loans. The 30-year rate affects buyers of finished flips.

Read our analysis of the Q2 2026 data →

Source: ATTOM Q2 2026 U.S. Home Flipping Report, released Oct. 1, 2026. ATTOM measures margin as gross profit (resale price minus purchase price) as a share of the purchase price. It does not subtract rehab or holding costs. ATTOM counts a flip as an arm's-length sale of a home that was bought in an arm's-length sale within the prior 12 months.

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