Cleveland Ranks 115th In New Home Flipping Study

HGTV fans who love the prospect of flipping houses getting some bittersweet news from personal Finance Website Wallethub.

A new study is out on 2019's Best and Worst places to Flip homes, and Cleveland is outside the top 100.

The city sits number 115 on the list, but did have some impressive showings in a few key categories. That included a tie for first in Highest Average Gross Return on Investment and finished third in Lowest Median Purchase Price.

Cleveland didn't fair well however in catagories like lowest media salary (170th) and quality of life (165th).

The buckeye state as a whole had three cities, Columbus (43), Akron (58) and Cincinnati (77) finish in Wallethub's top 100.

Overall, WalletHub compared more than 170 U.S. cities across 29 key indicators of market potential, cost and quality of life, with data sets ranging from median purchase price to average full home remodeling costs to housing-market health index.

To view the full study, click here.

Photo by: Ken Robinson / WTAM 1100

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