ZIP 23116 Property Distress & Foreclosure Data

DLRadar grades ZIP 23116 (Hanover County, Virginia) at a low 17/100 for overall property distress. Property-level stress concentrates in structural risk (40/100), construction/permit lag (36/100), institutional ownership (14/100). institutional ownership (14/100) and mortgage stress (6/100) stay muted. On the structural side it scores 40/100, with 2/100 of stress already active. Climate and flood risk are elevated too — climate & FEMA risk (62/100), flood (NFIP) exposure (62/100).

Prices here sit in a peak phase: values rose 4.3% over the trailing year, and 17% higher over three years (phase confidence 30/100). At a peak the opportunity is selective — specific stressed parcels, not a broad discount.

The vacancy rate is 1.7%. DLRadar's demographic-stress index for the area reads 21/100. 3.1% of residents fall below the poverty threshold. Educational attainment sits at 53% bachelor's-or-above. Median household income is $139,029, above the U.S. median near $78,000. The ZIP holds roughly 12,415 housing units. Around 32% of renters are cost-burdened. Home values center near $433,900, an affordability ratio of 2.9× — accessible. Owners hold 91% of homes, renters 9%. 34,058 residents call 23116 home, typically aged 41.

On balance, 23116 reads as a higher-equity, stable market where distress is selective and worth pinpointing parcel by parcel. Every signal above traces to a verifiable public dataset, refreshed continuously and scored the same way in every ZIP nationwide.