ZIP 16423 Foreclosure, Tax-Lien & Distress Report

ZIP 16423's composite property-distress score is 25/100 - DLRadar classes that as low for Erie County, Pennsylvania. Climate and flood risk are elevated too — climate & FEMA risk (83/100). Its heaviest discrete signals: construction/permit lag (87/100), structural risk (58/100), institutional ownership (13/100). On the quiet end sit institutional ownership (13/100) and mortgage stress (6/100). The split runs 58/100 structural to 2/100 active on the ground.

Prices here sit in a expansion phase: values rose 7.9% over the trailing year, and 13% higher over three years (phase confidence 41/100). Appreciation rarely lifts every parcel — the laggards are the opportunity.

The ZIP holds roughly 1,773 housing units. The poverty rate is 9.5%. 3,880 residents call 16423 home, typically aged 45. Vacancy runs 11.8%, above the national norm and a classic distress-and-opportunity signal. 91% of housing is owner-occupied. Educational attainment sits at 27% bachelor's-or-above. Around 35% of renters are cost-burdened. At $73,523, median income runs near typical U.S. levels. A median home runs $168,200 here, or 2.1 times local income. DLRadar's demographic-stress index for the area reads 23/100.

On balance 16423 is mixed, rewarding parcel-by-parcel screening over broad assumptions. While 16423 carries no listed distressed parcels today, each signal above ties back to a public dataset on the same national scale.

Whether 16423 runs hot or quiet, its 25/100 composite is built the same deterministic way as every ZIP in the country — from recorded foreclosure, mortgage, tax-lien, climate and lender signals — so 16423 can be compared directly against any other ZIP in Erie County, Pennsylvania or nationwide. Where the public record is thin for 16423, the field stays empty rather than modeled, and fills in as new documents post.

The 25/100 figure for 16423 is a composite, not one metric: it rolls up foreclosure and pre-foreclosure activity, mortgage stress, tax delinquency and liens, local lender headwind, and structural risk into a single reading, which is why a ZIP can look calm on price yet score high on distress. For a buyer, 16423 is one row in a larger workflow: confirm the score, pull the distressed parcels behind it, then move from signal to funded, closed acquisition through DLRadar.