ZIP 16506 Foreclosure, Tax-Lien & Distress Report
Erie County, Pennsylvania · Distress market
ZIP code 16506 in Erie County, Pennsylvania carries a composite property-distress score of 25/100 — a low reading on DLRadar's deterministic public-record index. Structurally it carries 58/100, against 2/100 of stress already in motion. Property-level stress concentrates in construction/permit lag (87/100), structural risk (58/100), institutional ownership (13/100). By contrast, institutional ownership (13/100) and mortgage stress (6/100) register low. Environmental exposure also runs high (climate & FEMA risk (83/100)).
The expansion-phase market in 16506 posted values that rose 7.9% over the year, and 25% higher over three years, at 41/100 phase confidence. Appreciation rarely lifts every parcel — the laggards are the opportunity.
About 24,190 people live here, median age 44. A median home runs $237,300 here, or 2.7 times local income. The ZIP holds roughly 10,568 housing units. On demographic stress specifically, 16506 scores 25/100. 70% of housing is owner-occupied. The vacancy rate is 4.4%. Around 39% of renters are cost-burdened. Educational attainment sits at 39% bachelor's-or-above. Median household income is $84,021, near the U.S. median near $78,000. The poverty rate is 7.8%.
Net-net, 16506 is middle-of-the-pack, where the deals are specific addresses rather than the whole ZIP. While 16506 carries no listed distressed parcels today, each signal above ties back to a public dataset on the same national scale.
Because one deterministic model scores every ZIP, 16506's 25/100 can be lined up against any neighbor in Erie County, Pennsylvania or any ZIP coast to coast. Where the public record is thin for 16506, the field stays empty rather than modeled, and fills in as new documents post.
The 25/100 for 16506 sums independent layers - foreclosure, mortgage, tax-lien, lender headwind and structural risk - so the mix behind the number matters as much as the number. For a buyer, 16506 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.
ZIP 16506 distress signals, scored
Tax delinquency, institutional ownership, insurance pressure, NFIP/flood, construction lag, price dislocation and auction velocity — plus the 0 individual distressed properties carry owner, address, APN, a parcel-level score and an exit read in the full DLRadar file.
16506 at a glance
Real-time distress, cycle phase, housing and bank-stress readings for 16506, the same set carried on every parcel.
Other Erie County ZIP codes
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The complete 16506 distress and acquisition report
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No modelling: every input is a public record · methodology