Tier One Funding
Market Intelligence
Fix & Flip Market Report

ZIP 24531 · VA

6 completed flips in the last 12 months, $57K median gross margin, 145-day median hold. Real public-record data, flipper-level detail, free.

Completed Flips (12 mo)
6
Median Gross Margin
$57K
Median Hold
145 days
Median Home Value
$58K

Market snapshot

Population
9,182
Median Household Income
$49,087
Median Home Value
$58,341
Median Rent
$1,200

This report covers ZIP 24531, ZIP 24531, VA. Demographic and housing figures blend U.S. Census ACS 5-year estimates with current rental listings. Flip-activity figures come from public county records of real estate transactions in the last 12 months, filtered to exclude wholesale deals, family transfers, and new construction.

Flipper activity in ZIP 24531

In the last 12 months, 6 properties in ZIP 24531 were bought and resold by investors, matching a real-flip profile (28 to 540 day hold, purchase of $25K or more, no new construction, rebuilds, iBuyers or multi-parcel sales; money-losing flips included). The typical flip cleared $57K in gross margin before rehab, carrying, and closing costs, with a median hold time of 145 days.

Top flippers in the zip

RankFlipper / LLCFlips
1CARRINGTON MORTGAGE SERVICES LLC1
2ROCKET MORTGAGE LLC1
3NBS REAL ESTATE LLC1
4BLACKSTOCK MICHAEL D1
5RICHARDSON RICHARD A1

Recent example

270 N MAIN ST, CHATHAM, VA, 24531 · CARRINGTON MORTGAGE SERVICES LLC
Bought $150,793, sold $117,000 ($-33793), held 211 days.

See every flip in 24531, with full buyer and deal details

The full tool shows every flip transaction with buyer entity, exact purchase price, sale price, margin, and hold time. Plus the complete flipper leaderboard, comps for any address, rental analysis, and our T1F Market Score.

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Nearby markets in VA

Same-state markets near ZIP 24531. Click any to see its fix-and-flip snapshot.

Tier One Funding
Direct bridge & fix-and-flip lender

We built this tool. We also write the loans on flips just like the ones above.

$1B+
Funded
4 days
Typical close
No
Interior appraisal or inspection
15
States

About this data

Flip transactions: Pulled from public county recording records via SFR Analytics. Filtered to investor purchases resold 28 to 540 days later (shorter holds are wholesale or assignment deals). New construction, rebuilds, iBuyers, homebuilders, multi-parcel sales, family transfers and purchases under $25K are excluded. Money-losing flips are included, so margins reflect the real range of outcomes.

Gross margin: Sale price minus purchase price. Does not include rehab, carrying, or closing costs. Use our Deal Calculator to model full project returns.

Demographics and rent: Population, median household income, and median home value from U.S. Census ACS 5-year estimates (2022). Rental figures reflect current listings from SFR Analytics.

Why we built this: Tier One Funding is a direct bridge and fix-and-flip lender. We built this free tool because flippers kept asking us, "What are the real numbers in my market?" and there was no free answer that wasn't buried behind a paywall. Use the data to decide where to buy, then call us when you need bridge capital.