As home prices are hitting new highs, investors in home flips are seeing decreasing returns on their investments — and the market is seeing fewer flips overall. According to Attom’s 2025 year-end U.S. Home Flipping Report, 297,045 single-family homes and condos were flipped across the country last year.
This marks a 3.9% decline from 2024 and the fewest flips recorded since 2020, when the pandemic slowed, or in some cases halted, construction and renovation activity. But homes flipped by investors still accounted for 7.4% of all home sales in 2025, just a slight decline from the 7.6% seen in 2024.
The home-flipping market is feeling pressure from tightening profit margins. In 2025, the typical flipped home returned $65,981 in gross profit, ...