Top Zip Codes for House Flipping in Philly
From Grays Ferry to Kensington, five zip codes in the city cracked the top 30 list for house flipping
|Zip Code||# Home Flips||Flips % of Total Sales||$ Gross Profit||% Ages 20-34||% Who Walk/Public Transit to Work|
The data shows that you’re most likely to experience the greatest profit from house flipping in Grays Ferry, with Fishtown/Kensington not far behind. A recently renovated property in Grays Ferry, for example, was bought as a fixer upper in 2015 for $47,000. It sold in February for $132,900.
The top zip code in the nation for house flips? That’d be 55408, in Minneapolos, Minnesota.
To see how Philly compares to other cities across the nation, check out RealtyTrac’s full report here.