US Home Flipping Profit Margins Drop to Lowest Levels Since 2008

The number of home flips also hit its lowest point since 2020.
US Home Flipping Profit Margins Drop to Lowest Levels Since 2008
A for-sale sign is posted in front of a home in Austin, Texas, on March 19, 2024. Brandon Bell/Getty Images
Mary Prenon
Mary Prenon
Freelance Reporter
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Years ago, buying a “fixer-upper” house to upgrade and resell was often seen as a viable means of earning quick money. Today, however, home flippers have seen their investments shrink to the lowest gross profit percentage since 2008.

In its 2025 year-end Home Flipping Report, ATTOM announced a significant drop in gross profit margins, with a return on investment of just 25.5 percent—the lowest rate recorded since 2008 and down from 32.1 percent the year before. A typical 2025 flip netted $65,981 in gross profit, compared to $77,000 in 2024.
Mary Prenon
Mary Prenon
Freelance Reporter
Mary T. Prenon covers real estate and business. She has been a writer and reporter for over 25 years with various print and broadcast media in New York.