Pennsylvania

Pennsylvania House Flipping Profitability

out of 51

State Rank in Flip Profit

Array
(
    [0] => Array
        (
            [CountyName] => Bedford
            [dma_name] => Johnstown-Altoona, PA
            [flips] => 6
            [purchase_price] => 192250
            [resale_price] => 134950
            [gross_margin] => -57300
            [gross_margin_perc] => -29.8049
            [flipcount_rank] => 45
            [flipmargin_rank] => 50
        )

    [1] => Array
        (
            [CountyName] => Wyoming
            [dma_name] => Wilkes Barre-Scranton, PA
            [flips] => 8
            [purchase_price] => 112000
            [resale_price] => 80000
            [gross_margin] => -32000
            [gross_margin_perc] => -28.5714
            [flipcount_rank] => 42
            [flipmargin_rank] => 49
        )

    [2] => Array
        (
            [CountyName] => Fayette
            [dma_name] => Pittsburgh, PA
            [flips] => 46
            [purchase_price] => 9500
            [resale_price] => 10000
            [gross_margin] => 500
            [gross_margin_perc] => 5.2632
            [flipcount_rank] => 28
            [flipmargin_rank] => 48
        )

    [3] => Array
        (
            [CountyName] => Crawford
            [dma_name] => Erie, PA
            [flips] => 10
            [purchase_price] => 58000
            [resale_price] => 69000
            [gross_margin] => 11000
            [gross_margin_perc] => 18.9655
            [flipcount_rank] => 41
            [flipmargin_rank] => 47
        )

    [4] => Array
        (
            [CountyName] => Blair
            [dma_name] => Johnstown-Altoona, PA
            [flips] => 18
            [purchase_price] => 56650
            [resale_price] => 72000
            [gross_margin] => 15350
            [gross_margin_perc] => 27.0962
            [flipcount_rank] => 39
            [flipmargin_rank] => 46
        )

    [5] => Array
        (
            [CountyName] => Bradford
            [dma_name] => Wilkes Barre-Scranton, PA
            [flips] => 6
            [purchase_price] => 85100
            [resale_price] => 116400
            [gross_margin] => 31300
            [gross_margin_perc] => 36.7803
            [flipcount_rank] => 45
            [flipmargin_rank] => 45
        )

    [6] => Array
        (
            [CountyName] => Jefferson
            [dma_name] => Johnstown-Altoona, PA
            [flips] => 6
            [purchase_price] => 45500
            [resale_price] => 63000
            [gross_margin] => 17500
            [gross_margin_perc] => 38.4615
            [flipcount_rank] => 45
            [flipmargin_rank] => 44
        )

    [7] => Array
        (
            [CountyName] => Chester
            [dma_name] => Philadelphia, PA
            [flips] => 293
            [purchase_price] => 183567
            [resale_price] => 286195
            [gross_margin] => 102628
            [gross_margin_perc] => 55.9077
            [flipcount_rank] => 10
            [flipmargin_rank] => 43
        )

    [8] => Array
        (
            [CountyName] => Clearfield
            [dma_name] => Johnstown-Altoona, PA
            [flips] => 32
            [purchase_price] => 44362
            [resale_price] => 72000
            [gross_margin] => 27638
            [gross_margin_perc] => 62.3011
            [flipcount_rank] => 31
            [flipmargin_rank] => 42
        )

    [9] => Array
        (
            [CountyName] => Lancaster
            [dma_name] => Harrisburg-Lancaster-Lebanon-York, PA
            [flips] => 512
            [purchase_price] => 120398
            [resale_price] => 200401
            [gross_margin] => 80003
            [gross_margin_perc] => 66.4488
            [flipcount_rank] => 5
            [flipmargin_rank] => 41
        )

    [10] => Array
        (
            [CountyName] => Cambria
            [dma_name] => Johnstown-Altoona, PA
            [flips] => 53
            [purchase_price] => 20500
            [resale_price] => 35000
            [gross_margin] => 14500
            [gross_margin_perc] => 70.7317
            [flipcount_rank] => 26
            [flipmargin_rank] => 40
        )

    [11] => Array
        (
            [CountyName] => Carbon
            [dma_name] => Wilkes Barre-Scranton, PA
            [flips] => 62
            [purchase_price] => 73500
            [resale_price] => 126000
            [gross_margin] => 52500
            [gross_margin_perc] => 71.4286
            [flipcount_rank] => 25
            [flipmargin_rank] => 39
        )

    [12] => Array
        (
            [CountyName] => Franklin
            [dma_name] => Washington, DC (Hagerstown, MD)
            [flips] => 87
            [purchase_price] => 84644
            [resale_price] => 145136
            [gross_margin] => 60492
            [gross_margin_perc] => 71.4664
            [flipcount_rank] => 23
            [flipmargin_rank] => 38
        )

    [13] => Array
        (
            [CountyName] => Lehigh
            [dma_name] => Philadelphia, PA
            [flips] => 279
            [purchase_price] => 97963
            [resale_price] => 168211
            [gross_margin] => 70249
            [gross_margin_perc] => 71.7097
            [flipcount_rank] => 12
            [flipmargin_rank] => 37
        )

    [14] => Array
        (
            [CountyName] => Venango
            [dma_name] => Pittsburgh, PA
            [flips] => 22
            [purchase_price] => 13600
            [resale_price] => 23500
            [gross_margin] => 9900
            [gross_margin_perc] => 72.7941
            [flipcount_rank] => 35
            [flipmargin_rank] => 36
        )

    [15] => Array
        (
            [CountyName] => York
            [dma_name] => Harrisburg-Lancaster-Lebanon-York, PA
            [flips] => 502
            [purchase_price] => 97825
            [resale_price] => 169231
            [gross_margin] => 71406
            [gross_margin_perc] => 72.9936
            [flipcount_rank] => 6
            [flipmargin_rank] => 35
        )

    [16] => Array
        (
            [CountyName] => Montgomery
            [dma_name] => Philadelphia, PA
            [flips] => 585
            [purchase_price] => 153500
            [resale_price] => 266000
            [gross_margin] => 112500
            [gross_margin_perc] => 73.2899
            [flipcount_rank] => 3
            [flipmargin_rank] => 34
        )

    [17] => Array
        (
            [CountyName] => Cumberland
            [dma_name] => Harrisburg-Lancaster-Lebanon-York, PA
            [flips] => 210
            [purchase_price] => 103820
            [resale_price] => 185000
            [gross_margin] => 81180
            [gross_margin_perc] => 78.1930
            [flipcount_rank] => 14
            [flipmargin_rank] => 33
        )

    [18] => Array
        (
            [CountyName] => Northampton
            [dma_name] => Philadelphia, PA
            [flips] => 303
            [purchase_price] => 96740
            [resale_price] => 172574
            [gross_margin] => 75835
            [gross_margin_perc] => 78.3905
            [flipcount_rank] => 9
            [flipmargin_rank] => 32
        )

    [19] => Array
        (
            [CountyName] => Lycoming
            [dma_name] => Wilkes Barre-Scranton, PA
            [flips] => 23
            [purchase_price] => 83250
            [resale_price] => 151000
            [gross_margin] => 67750
            [gross_margin_perc] => 81.3814
            [flipcount_rank] => 33
            [flipmargin_rank] => 31
        )

    [20] => Array
        (
            [CountyName] => Union
            [dma_name] => Wilkes Barre-Scranton, PA
            [flips] => 6
            [purchase_price] => 73451
            [resale_price] => 134000
            [gross_margin] => 60549
            [gross_margin_perc] => 82.4345
            [flipcount_rank] => 45
            [flipmargin_rank] => 30
        )

    [21] => Array
        (
            [CountyName] => Bucks
            [dma_name] => Philadelphia, PA
            [flips] => 539
            [purchase_price] => 154362
            [resale_price] => 284288
            [gross_margin] => 129926
            [gross_margin_perc] => 84.1697
            [flipcount_rank] => 4
            [flipmargin_rank] => 29
        )

    [22] => Array
        (
            [CountyName] => Adams
            [dma_name] => Harrisburg-Lancaster-Lebanon-York, PA
            [flips] => 20
            [purchase_price] => 101250
            [resale_price] => 190000
            [gross_margin] => 88750
            [gross_margin_perc] => 87.6543
            [flipcount_rank] => 37
            [flipmargin_rank] => 28
        )

    [23] => Array
        (
            [CountyName] => Lebanon
            [dma_name] => Harrisburg-Lancaster-Lebanon-York, PA
            [flips] => 139
            [purchase_price] => 81856
            [resale_price] => 155229
            [gross_margin] => 73373
            [gross_margin_perc] => 89.6367
            [flipcount_rank] => 18
            [flipmargin_rank] => 27
        )

    [24] => Array
        (
            [CountyName] => Dauphin
            [dma_name] => Harrisburg-Lancaster-Lebanon-York, PA
            [flips] => 282
            [purchase_price] => 73492
            [resale_price] => 139666
            [gross_margin] => 66174
            [gross_margin_perc] => 90.0425
            [flipcount_rank] => 11
            [flipmargin_rank] => 26
        )

    [25] => Array
        (
            [CountyName] => Berks
            [dma_name] => Philadelphia, PA
            [flips] => 363
            [purchase_price] => 79913
            [resale_price] => 154902
            [gross_margin] => 74989
            [gross_margin_perc] => 93.8383
            [flipcount_rank] => 8
            [flipmargin_rank] => 25
        )

    [26] => Array
        (
            [CountyName] => Butler
            [dma_name] => Pittsburgh, PA
            [flips] => 88
            [purchase_price] => 99091
            [resale_price] => 195068
            [gross_margin] => 95977
            [gross_margin_perc] => 96.8574
            [flipcount_rank] => 22
            [flipmargin_rank] => 24
        )

    [27] => Array
        (
            [CountyName] => Beaver
            [dma_name] => Pittsburgh, PA
            [flips] => 89
            [purchase_price] => 53697
            [resale_price] => 106909
            [gross_margin] => 53212
            [gross_margin_perc] => 99.0968
            [flipcount_rank] => 21
            [flipmargin_rank] => 23
        )

    [28] => Array
        (
            [CountyName] => Columbia
            [dma_name] => Wilkes Barre-Scranton, PA
            [flips] => 39
            [purchase_price] => 70000
            [resale_price] => 140000
            [gross_margin] => 70000
            [gross_margin_perc] => 100.0000
            [flipcount_rank] => 29
            [flipmargin_rank] => 22
        )

    [29] => Array
        (
            [CountyName] => Armstrong
            [dma_name] => Pittsburgh, PA
            [flips] => 23
            [purchase_price] => 35022
            [resale_price] => 71120
            [gross_margin] => 36098
            [gross_margin_perc] => 103.0724
            [flipcount_rank] => 33
            [flipmargin_rank] => 21
        )

    [30] => Array
        (
            [CountyName] => Pike
            [dma_name] => New York, NY
            [flips] => 6
            [purchase_price] => 51439
            [resale_price] => 106500
            [gross_margin] => 55061
            [gross_margin_perc] => 107.0413
            [flipcount_rank] => 45
            [flipmargin_rank] => 20
        )

    [31] => Array
        (
            [CountyName] => Erie
            [dma_name] => Erie, PA
            [flips] => 155
            [purchase_price] => 45000
            [resale_price] => 94000
            [gross_margin] => 49000
            [gross_margin_perc] => 108.8889
            [flipcount_rank] => 17
            [flipmargin_rank] => 19
        )

    [32] => Array
        (
            [CountyName] => Delaware
            [dma_name] => Philadelphia, PA
            [flips] => 414
            [purchase_price] => 84750
            [resale_price] => 178500
            [gross_margin] => 93750
            [gross_margin_perc] => 110.6195
            [flipcount_rank] => 7
            [flipmargin_rank] => 18
        )

    [33] => Array
        (
            [CountyName] => Mercer
            [dma_name] => Youngstown, OH
            [flips] => 22
            [purchase_price] => 48137
            [resale_price] => 101970
            [gross_margin] => 53833
            [gross_margin_perc] => 111.8329
            [flipcount_rank] => 35
            [flipmargin_rank] => 17
        )

    [34] => Array
        (
            [CountyName] => Monroe
            [dma_name] => Wilkes Barre-Scranton, PA
            [flips] => 265
            [purchase_price] => 74602
            [resale_price] => 158139
            [gross_margin] => 83537
            [gross_margin_perc] => 111.9769
            [flipcount_rank] => 13
            [flipmargin_rank] => 16
        )

    [35] => Array
        (
            [CountyName] => Perry
            [dma_name] => Harrisburg-Lancaster-Lebanon-York, PA
            [flips] => 27
            [purchase_price] => 76500
            [resale_price] => 162900
            [gross_margin] => 86400
            [gross_margin_perc] => 112.9412
            [flipcount_rank] => 32
            [flipmargin_rank] => 15
        )

    [36] => Array
        (
            [CountyName] => Wayne
            [dma_name] => Wilkes Barre-Scranton, PA
            [flips] => 39
            [purchase_price] => 60000
            [resale_price] => 135100
            [gross_margin] => 75100
            [gross_margin_perc] => 125.1667
            [flipcount_rank] => 29
            [flipmargin_rank] => 14
        )

    [37] => Array
        (
            [CountyName] => Allegheny
            [dma_name] => Pittsburgh, PA
            [flips] => 687
            [purchase_price] => 67000
            [resale_price] => 155000
            [gross_margin] => 88000
            [gross_margin_perc] => 131.3433
            [flipcount_rank] => 2
            [flipmargin_rank] => 13
        )

    [38] => Array
        (
            [CountyName] => Luzerne
            [dma_name] => Wilkes Barre-Scranton, PA
            [flips] => 164
            [purchase_price] => 46189
            [resale_price] => 107150
            [gross_margin] => 60961
            [gross_margin_perc] => 131.9816
            [flipcount_rank] => 16
            [flipmargin_rank] => 12
        )

    [39] => Array
        (
            [CountyName] => Northumberland
            [dma_name] => Wilkes Barre-Scranton, PA
            [flips] => 53
            [purchase_price] => 1500
            [resale_price] => 3500
            [gross_margin] => 2000
            [gross_margin_perc] => 133.3333
            [flipcount_rank] => 26
            [flipmargin_rank] => 11
        )

    [40] => Array
        (
            [CountyName] => Indiana
            [dma_name] => Pittsburgh, PA
            [flips] => 20
            [purchase_price] => 54000
            [resale_price] => 127000
            [gross_margin] => 73000
            [gross_margin_perc] => 135.1852
            [flipcount_rank] => 37
            [flipmargin_rank] => 10
        )

    [41] => Array
        (
            [CountyName] => Juniata
            [dma_name] => Harrisburg-Lancaster-Lebanon-York, PA
            [flips] => 7
            [purchase_price] => 61750
            [resale_price] => 146000
            [gross_margin] => 84250
            [gross_margin_perc] => 136.4372
            [flipcount_rank] => 43
            [flipmargin_rank] => 9
        )

    [42] => Array
        (
            [CountyName] => Philadelphia
            [dma_name] => Philadelphia, PA
            [flips] => 1924
            [purchase_price] => 70122
            [resale_price] => 169256
            [gross_margin] => 99134
            [gross_margin_perc] => 141.3736
            [flipcount_rank] => 1
            [flipmargin_rank] => 8
        )

    [43] => Array
        (
            [CountyName] => Snyder
            [dma_name] => Wilkes Barre-Scranton, PA
            [flips] => 6
            [purchase_price] => 60000
            [resale_price] => 146000
            [gross_margin] => 86000
            [gross_margin_perc] => 143.3333
            [flipcount_rank] => 45
            [flipmargin_rank] => 7
        )

    [44] => Array
        (
            [CountyName] => Centre
            [dma_name] => Johnstown-Altoona, PA
            [flips] => 11
            [purchase_price] => 90550
            [resale_price] => 228150
            [gross_margin] => 137600
            [gross_margin_perc] => 151.9602
            [flipcount_rank] => 40
            [flipmargin_rank] => 6
        )

    [45] => Array
        (
            [CountyName] => Westmoreland
            [dma_name] => Pittsburgh, PA
            [flips] => 192
            [purchase_price] => 55467
            [resale_price] => 139898
            [gross_margin] => 84431
            [gross_margin_perc] => 152.2184
            [flipcount_rank] => 15
            [flipmargin_rank] => 5
        )

    [46] => Array
        (
            [CountyName] => Lackawanna
            [dma_name] => Wilkes Barre-Scranton, PA
            [flips] => 111
            [purchase_price] => 44162
            [resale_price] => 118679
            [gross_margin] => 74517
            [gross_margin_perc] => 168.7356
            [flipcount_rank] => 19
            [flipmargin_rank] => 4
        )

    [47] => Array
        (
            [CountyName] => Washington
            [dma_name] => Pittsburgh, PA
            [flips] => 108
            [purchase_price] => 60629
            [resale_price] => 163277
            [gross_margin] => 102648
            [gross_margin_perc] => 169.3051
            [flipcount_rank] => 20
            [flipmargin_rank] => 3
        )

    [48] => Array
        (
            [CountyName] => Lawrence
            [dma_name] => Pittsburgh, PA
            [flips] => 70
            [purchase_price] => 32000
            [resale_price] => 95000
            [gross_margin] => 63000
            [gross_margin_perc] => 196.8750
            [flipcount_rank] => 24
            [flipmargin_rank] => 2
        )

    [49] => Array
        (
            [CountyName] => Tioga
            [dma_name] => Elmira, NY
            [flips] => 7
            [purchase_price] => 41250
            [resale_price] => 185900
            [gross_margin] => 144650
            [gross_margin_perc] => 350.6667
            [flipcount_rank] => 43
            [flipmargin_rank] => 1
        )

)
Top 5 Counties in PA
CountyMarket AreaProfit Margin
TiogaElmira, NY351%
LawrencePittsburgh, PA197%
WashingtonPittsburgh, PA169%
LackawannaWilkes Barre-Scranton, PA169%
WestmorelandPittsburgh, PA152%
CentreJohnstown-Altoona, PA152%
Bottom 5 Counties in PA
CountyMarket AreaProfit Margin
BedfordJohnstown-Altoona, PA-30%
WyomingWilkes Barre-Scranton, PA-29%
FayettePittsburgh, PA5%
CrawfordErie, PA19%
BlairJohnstown-Altoona, PA27%
BradfordWilkes Barre-Scranton, PA37%

We calculate the profit margin by subtracting the original purchase price of the home from the new resale price across the average flipped house in that particular region (zip, county, or state).

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