{"id":2509,"date":"2024-04-29T11:43:02","date_gmt":"2024-04-29T16:43:02","guid":{"rendered":"https:\/\/tomo.com\/blog\/?p=2509"},"modified":"2024-06-03T10:38:54","modified_gmt":"2024-06-03T15:38:54","slug":"best-cities-for-flipping-houses-in-delaware","status":"publish","type":"post","link":"https:\/\/tomo.com\/blog\/best-cities-for-flipping-houses-in-delaware\/","title":{"rendered":"Best Cities for Flipping Houses in Delaware"},"content":{"rendered":"\n

Curious to know which cities in Delaware<\/a> 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 10 cities based on return on investment. After perusing this list, check out our listings of cheap homes for sale in\u00a0Dover<\/a>, Newark<\/a>, Smyrna<\/a>, and Wilmington<\/a>. You\u2019ll find many cheaper priced homes that would be ideal for flipping.<\/p>\n\n\n\n

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Here is Tomo’s list of best cities in Delaware for flipping houses.<\/strong><\/p>\n\n\n\n

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Rank<\/th>City<\/th>Avg. Initial Purchase Price<\/th>Avg. Resale Price<\/th>Avg. % Change<\/th>Avg. $ Increase<\/th><\/tr><\/thead>
1<\/td>Wilmington<\/a><\/td>$188K<\/td>$315K<\/td>93%<\/td>$126,081<\/td><\/tr>
2<\/td>Claymont<\/a><\/td>$198K<\/td>$310K<\/td>80%<\/td>$111,871<\/td><\/tr>
3<\/td>New Castle<\/a><\/td>$176K<\/td>$292K<\/td>77%<\/td>$116,069<\/td><\/tr>
4<\/td>Dover<\/a><\/td>$173K<\/td>$271K<\/td>75%<\/td>$98,415<\/td><\/tr>
5<\/td>Smyma<\/td>$257K<\/td>$408K<\/td>67%<\/td>$151,339<\/td><\/tr>
6<\/td>Bear<\/a><\/td>$223K<\/td>$365K<\/td>66%<\/td>$142,457<\/td><\/tr>
7<\/td>Harrington<\/a><\/td>$163K<\/td>$265K<\/td>66%<\/td>$102,480<\/td><\/tr>
8<\/td>Lewes<\/a><\/td>$313K<\/td>$395K<\/td>60%<\/td>$81,998<\/td><\/tr>
9<\/td>Newark<\/a><\/td>$235K<\/td>$351K<\/td>57%<\/td>$115,151<\/td><\/tr>
10<\/td>Millsboro<\/a><\/td>$148K<\/td>$184K<\/td>29%<\/td>$36,456<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
\"\"<\/figure>\n\n\n\n

What to know more about flipping homes?<\/h3>\n\n\n\n

If you want to flip a house in Wilmington<\/a>, we have created a list of the best neighborhoods. We also ranked many more cities, and their returns, and some of the best places to flip houses<\/a> in the country.<\/p>\n\n\n\n

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Want to know what not to do when flipping a house, see Tomo\u2019s House Flipping Flops<\/a>, or look at House Flipping 101<\/a> for tips. <\/p>\n\n\n\n

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\"\"<\/div>

Joelle Andersen<\/p><\/div><\/div>\n\n

Joelle has worn many hats in her professional career, which included stints at companies such as Time Inc., CNN and Zillow. She loves real estate and is always looking for that perfect investment property. A self-proclaimed interior designer, she lives in a suburb of NY with her architect husband, 4 children and 2 cats.<\/div>\n\n\n
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<\/div>\n","protected":false},"excerpt":{"rendered":"

Interested in flipping houses in Delaware? We list the best cities for your investment. <\/p>\n","protected":false},"author":24,"featured_media":2511,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[58],"tags":[],"class_list":["post-2509","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate-trends"],"aioseo_notices":[],"jetpack_featured_media_url":"https:\/\/tomo.com\/blog\/wp-content\/uploads\/2024\/04\/delaware-best-home-flips-tomo.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/tomo.com\/blog\/wp-json\/wp\/v2\/posts\/2509","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tomo.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tomo.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tomo.com\/blog\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/tomo.com\/blog\/wp-json\/wp\/v2\/comments?post=2509"}],"version-history":[{"count":8,"href":"https:\/\/tomo.com\/blog\/wp-json\/wp\/v2\/posts\/2509\/revisions"}],"predecessor-version":[{"id":2985,"href":"https:\/\/tomo.com\/blog\/wp-json\/wp\/v2\/posts\/2509\/revisions\/2985"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tomo.com\/blog\/wp-json\/wp\/v2\/media\/2511"}],"wp:attachment":[{"href":"https:\/\/tomo.com\/blog\/wp-json\/wp\/v2\/media?parent=2509"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tomo.com\/blog\/wp-json\/wp\/v2\/categories?post=2509"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tomo.com\/blog\/wp-json\/wp\/v2\/tags?post=2509"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}