Overview
- In October 2025, flipped listings drew about 6.5% more page views and spent roughly 10 fewer days on market than comparable older homes, down from a 25% visibility gap in 2021.
- Among flips listed in July 2025 and sold by September, the median sale closed 8.3% below the highest post-renovation list price versus a 2.9% discount for other older homes.
- Discounting has worsened compared with 2021, when flipped homes sold at a median 0.9% discount from peak list price, similar to the 0.4% discount for other older homes.
- Realtor.com introduced a “Flip Factor” to gauge up‑market movement, reporting a national reading of 36.4 percentage points.
- Only eight metros saw the median flipped home listed above the local median, with the largest gains concentrated in relatively affordable markets such as Pittsburgh and Detroit.