
The Milwaukee metro is ranked in the top ten metro areas in the U.S. (with at least one million people) with a year-over-year increase of 8.3% in home flipping rates.
Last year, a hundred of homes were flipped in the Milwaukee metro. The median purchase price of a property, together with the median flipped price left investors with satisfying profits of above 70%.
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The housing stock being flipped in Milwaukee are among the oldest in the U.S. The Milwaukee market has been very stable Historically, therefore was able to come out strong out of crises. The median year of when those flipped homes were originally built is 1952, 25 years older than the U.S.
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Hard money lending in Wisconsin

2018 Wisconsin Flipping statistics

Home flips
Milwaukee
409

Median purchase price
$63,100

Median flipped price
$115,000

Median gross profit
$51,900

Gross ROI
82.3%
Outagamie
131
$118,500
$150,000
$31,500
26.6%
Polk
51
$120,000
$159,900
$39,900
33.3%
Dane
298
$189,000
$255,450
$66,450
35.2%
Eau Claire
53
$127,200
$179,900
$52,700
41.4%
Winnebago
107
$94,000
$135,000
$41,000
43.6%
Waukesha
190
$165,517
$165,517
$74,384
44.9%
Washington
58
$128,000
$186,000
$58,000
45.3%
Brown
224
$93,000
$147,200
$54,200
58.3%
Marathon
88
$76,691
$124,250
$47,559
62.0$
Kenosha
133
$92,00
$154,000
$62,000
67.4%
Racine
71
$70,000
$123,000
$53,000
75.7%
* Quoted from Milwaukee Business Journal pub. Mar 4, 2019: "See where house flippers get the best ROI in Wisconsin: Slideshow"