The Hudson Valley in New York State is made up of many diverse cities and towns that span from Saratoga to Westchester counties. We wanted to know which communities were best for flipping houses, so we looked at thousands of homes that have been bought and sold within 90-365 days (the same property exchanging hands twice between 90-365 days). The result? A list of 10 cities or towns with the highest return on investment.
Here is Tomo’s list of best cities or towns in the Hudson Valley for flipping houses.
| Rank | City | Avg. Initial Purchase Price | Avg. Resale Price | Avg. % Change | Avg. $ Increase |
|---|---|---|---|---|---|
| 1 | Beacon | $294K | $549K | 110% | $255,213 |
| 2 | Cornwall | $268K | $468K | 80% | $200,000 |
| 3 | Cortlandt Manor | $339K | $586K | 80% | $247,109 |
| 4 | Woodbury | $953K | $1.6 MIL | 78% | $159,073 |
| 5 | Carmel | $278K | $460K | 78% | $182,800 |
| 6 | Poughkeepsie | $228K | $367K | 74% | $145,993 |
| 7 | Wallkill | $228K | $345K | 74% | $116,875 |
| 8 | Kingston | $255K | $390K | 71% | $181,467 |
| 9 | Middletown | $219K | $353K | 71% | $135,525 |
| 10 | Newburgh | $225K | $349K | 64% | $123,711 |
What to know more about flipping homes?
Check out other cities that are best for flipping houses, or find other New York cities. If you are looking for tips, look no further than House Flipping Flops for what NOT to do, or our House Flipping 101 Guide.
Your next home is out there
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