Curious to know which cities in Washington 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 25 cities based on return on investment.
Here is Tomo’s list of best cities in Washington for flipping houses.
| Rank | City | Avg. Initial Purchase Price | Avg. Resale Price | Avg. % Change | Avg. $ Increase |
|---|---|---|---|---|---|
| 1 | Sedro Woolley | $232K | $409K | 119% | $177,635 |
| 2 | Yelm | $213K | $377K | 115% | $228,833 |
| 3 | Gold Bar | $264K | $448K | 113% | $184,286 |
| 4 | Enumclaw | $367K | $552K | 74% | $185,390 |
| 5 | Oak Harbor | $316K | $504K | 71% | $188,086 |
| 6 | Kelso | $205K | $323K | 70% | $117,389 |
| 7 | Centralia | $133K | $367K | 70% | $132,864 |
| 8 | Camano Island | $374K | $601K | 69% | $226,875 |
| 9 | Graham | $432K | $578K | 67% | $144,556 |
| 10 | North Bend | $377K | $527K | 67% | $150,183 |
| 11 | Port Orchard | $326K | $479K | 66% | $152,810 |
| 12 | Monroe | $203K | $292K | 62% | $244,500 |
| 13 | Longview | $234K | $356K | 61% | $121,905 |
| 14 | Roy | $322K | $461K | 61% | $138,700 |
| 15 | Federal Way | $426K | $643K | 57% | $222,055 |
| 16 | Puyallup | $380K | $517K | 55% | $136,651 |
| 17 | Shoreline | $597K | $914K | 54% | $317,015 |
| 18 | Tacoma | $326K | $489K | 53% | $163,660 |
| 19 | Granite Falls | $358K | $512K | 52% | $153,700 |
| 20 | Spanaway | $305K | $445K | 51% | $140,247 |
| 21 | Mountlake Terrace | $512K | $726K | 50% | $214,242 |
| 22 | Marysville | $322K | $440K | 49% | $118,047 |
| 23 | Edmonds | $793K | $1 MIL | 45% | $267,680 |
| 24 | Gig Harbor | $473K | $630K | 45% | $157,529 |
| 25 | Bonney Lake | $328K | $455K | 45% | $126,875 |
What to know more about flipping homes?
If you want to flip a house in Seattle, we have created a list of the best neighborhoods. Remember to do your research before you purchase an investment property. You’ll want to look for the best suburbs and best neighborhoods so you can determine which areas have the highest potential returns. Looking for more tips? We created a list of what not to do when flipping a house in House Flipping Flops, or look at House Flipping 101.
Want to explore other cities in the country – we have you covered with the best places to flip houses.
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