Curious to know which cities in Pennsylvania 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 Pennsylvania for flipping houses.
Rank | City | Avg. Initial Purchase Price | Avg. resale Price | Avg. % Change | Avg. $ Increase |
---|---|---|---|---|---|
1 | Schwenksville | $140K | $540K | 311% | $399,725 |
2 | Littlestown | $137K | $295K | 174% | $158,130 |
3 | Holmes | $174K | $353K | 106% | $179,333 |
4 | Downingtown | $265K | $473K | 104% | $207,451 |
5 | Norristown | $273K | $430K | 97% | $156,305 |
6 | Oxford | $204K | $367K | 88% | $162,225 |
7 | Bristol | $216K | $367K | 83% | $151,820 |
8 | Croydon | $198K | $350K | 80% | $152,475 |
9 | Langhorne | $363K | $668K | 79% | $305,000 |
10 | Hatfield | $275K | $449K | 77% | $173,200 |
11 | Springfield | $320K | $538K | 77% | $217,956 |
12 | Media | $313K | $535K | 76% | $222,122 |
13 | Wallingford | $267K | $448K | 75% | $180,917 |
14 | Fairless Hills | $255K | $421K | 73% | $166,395 |
15 | Morrisville | $302K | $503K | 71% | $201,250 |
16 | New Hope | $696K | $1.2 MIL | 71% | $453,125 |
17 | Swarthmore | $228K | $389K | 71% | $160,258 |
18 | Jenkintown | $214K | $374K | 70% | $160,167 |
19 | Willow Grove | $295K | $476K | 69% | $181,250 |
20 | Newtown Square | $405K | $629K | 67% | $404,667 |
What to know more about flipping homes?
Check out other cities that are best for flipping houses, or some of the best home flips in Philadelphia. Want to know what not to do when flipping a house, see Tomo’s House Flipping Flops, or look at House Flipping 101 for tips.
Your next home is out there
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