ZIP 23005 Foreclosure, Tax-Lien & Distress Report

Hanover County, Virginia's ZIP 23005 registers 23/100 composite distress, which DLRadar reads as low. The latent-versus-live split is 53/100 structural and 2/100 already moving. Environmental exposure also runs high (climate & FEMA risk (62/100), flood (NFIP) exposure (61/100)). The most distinctive pressure shows up in construction/permit lag (92/100), structural risk (53/100), institutional ownership (14/100). By contrast, institutional ownership (14/100) and mortgage stress (6/100) register low.

The market reads peak — home values rose 3.1% year on year, and 18% higher over three years (phase confidence 18/100). At a peak the opportunity is selective — specific stressed parcels, not a broad discount.

Vacancy runs 6.0%. There are about 7,887 housing units across 23005. A median home runs $402,700 here, or 4.2 times local income. Around 41% of adults hold a bachelor's degree or higher. 9.7% of residents fall below the poverty threshold. Median household income is $90,049, above the U.S. median near $78,000. Population is roughly 19,454 with a median age of 37. DLRadar's demographic-stress index for the area reads 30/100. 73% of housing is owner-occupied. Rent burden reaches 35% of tenant households.

On balance, 23005 reads as a higher-equity, stable market where distress is selective and worth pinpointing parcel by parcel. Parcel-level detail for 23005 is not published yet -- the ZIP-level readings above remain fully sourced to public records.

No ZIP is too small to score: 23005 passes through the same foreclosure, tax, mortgage and bank-stress model as any major-metro ZIP, so its 23/100 composite is a like-for-like number rather than an isolated estimate. Nothing here is interpolated — where a source is thin for 23005, DLRadar leaves it blank rather than guessing, and re-scores as new records post.

The 23/100 for 23005 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, 23005 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.