Home Fairfield Study says Bridgeport and Yonkers worst cities for house flipping

Study says Bridgeport and Yonkers worst cities for house flipping

house flipping WalletHubFans of HGTV programs about house flipping will probably not see residential properties in Bridgeport and Yonkers on their favorite shows – they were ranked as the two worst cities for house flipping in a new data analysis by WalletHub.

In a study of 172 cities, WalletHub number-crunched 29 indicators including median purchase price, average full-home remodeling costs and housing market health. Bridgeport ranked last for a total score among the 172 localities, coming in last place for market potential while ranking 161st and 167th for renovation and remodeling costs and quality of life, respectively.

Yonkers came in second to last in its total score and for renovation and remodeling costs. However, it ranked 153rd for market potential and 94th for quality of life.

As for the top of the list, WalletHub crowned Sioux Falls, South Dakota, as the nation’s best city for house flipping. Rounding out the top five on the list was Missoula, Montana; Rapid City, South Dakota; Billings, Montana; and Peoria, Arizona.

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Phil Hall's writing for Westfair Communications has earned multiple awards from the Connecticut Press Club and the Connecticut Society of Professional Journalists. He is a former United Nations-based reporter for Fairchild Broadcast News and the author of 10 books (including the 2020 release "Moby Dick: The Radio Play" and the upcoming "Jesus Christ Movie Star," both published by BearManor Media). He is also the host of the SoundCloud podcast "The Online Movie Show," co-host of the WAPJ-FM talk show "Nutmeg Chatter" and a writer with credits in The New York Times, New York Daily News, Hartford Courant, Wired, The Hill's Congress Blog, Profit Confidential, The MReport and StockNews.com. Outside of journalism, he is also a horror movie actor - usually playing the creepy villain who gets badly killed at the end of each film.

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