ZIP 16505 Property Distress & Foreclosure Data

In Erie County, Pennsylvania, ZIP 16505 scores 25 of 100 for composite distress, a low level on DLRadar's public-record index. Its standout signals are construction/permit lag (80/100), structural risk (56/100), institutional ownership (14/100). By contrast, institutional ownership (14/100) and mortgage stress (6/100) register low. It additionally carries heavy environmental risk: climate & FEMA risk (83/100). On the structural side it scores 56/100, with 2/100 of stress already active.

The market reads expansion — home values rose 9.4% year on year, and 27% higher over three years (phase confidence 59/100). Appreciation rarely lifts every parcel — the laggards are the opportunity.

The ZIP holds roughly 8,311 housing units. Around 49% of renters are cost-burdened. Households earn a median $71,370 — near the roughly $78,000 national figure. The vacancy rate is 11.6% — elevated. About 45% have a four-year degree. About 15,631 people live here, median age 49. On demographic stress specifically, 16505 scores 27/100. A median home runs $211,700 here, or 2.8 times local income. Roughly 9.2% live below the poverty line. The tenure split is 75% owner-occupied to 25% rented.

Net-net, 16505 is middle-of-the-pack, where the deals are specific addresses rather than the whole ZIP. Every signal above traces to a verifiable public dataset, refreshed continuously and scored the same way in every ZIP nationwide.