Curious to know which cities in Georgia were best for flipping houses? We were. After looking at thousands of homes that have been bought and sold within 90-365 days (the same property exchanging hands twice between 90-365 days), we narrowed it down to these 20 cities based on return on investment.
Here is Tomo’s list of best cities in Georgia for flipping houses.
Rank | City | Avg. Initial Purchase Price | Avg. Resale Price | Avg. % Change | Avg. $ Increase |
---|---|---|---|---|---|
1 | Bremen | $107K | $242K | 177% | $135,040 |
2 | Aragon | $99K | $215K | 167% | $115,980 |
3 | Bowdon | $116K | $239K | 152% | $123,451 |
4 | Barnesville | $124K | $260K | 146% | $135,920 |
5 | Thomaston | $97K | $220K | 129% | $123,138 |
6 | Morganton | $159K | $281K | 110% | $122,223 |
7 | Hampton | $172K | $271K | 105% | $98,929 |
8 | Zebulon | $165K | $289K | 104% | $123,686 |
9 | Millen | $156K | $227K | 91% | $71,200 |
10 | Dawsonville | $317K | $424K | 91% | $107,417 |
11 | Griffin | $134K | $223K | 90% | $88,815 |
12 | Carrollton | $169K | $262K | 88% | $93,326 |
13 | Jackson | $144K | $226K | 87% | $81,784 |
14 | Dahlonega | $190K | $305K | 85% | $115,500 |
15 | Commerce | $173K | $289K | 84% | $116,135 |
16 | Conley | $142K | $255K | 83% | $113,200 |
17 | Rome | $150K | $229K | 78% | $78,982 |
18 | Forest Park | $147K | $248K | 76% | $101,192 |
19 | Rockmart | $143K | $222K | 76% | $78,355 |
20 | Augusta | $144K | $228K | 75% | $84,061 |
What to know more about flipping homes?
Interested specifically in an investment property in Atlanta, GA, then look at Tomo’s Guide to Safest Neighborhoods, Best Public Schools, Best Places to Commute and Living in Atlanta, for valuable Atlanta specific insights.
Or, check out some other cities that are best for flipping houses. If you are looking for tips, look no further than House Flipping Flops for what NOT to do, or our House Flipping 101 Guide.
Leave a Reply