ZIP 23503 Property Distress & Foreclosure Data

DLRadar grades ZIP 23503 (Norfolk County, Virginia) at a low 28/100 for overall property distress. Property-level stress concentrates in construction/permit lag (100/100), structural risk (64/100), institutional ownership (17/100). institutional ownership (17/100) and mortgage stress (8/100) stay muted. The latent-versus-live split is 64/100 structural and 2/100 already moving. Climate and flood risk are elevated too — climate & FEMA risk (82/100), flood (NFIP) exposure (75/100).

Prices here sit in a peak phase: values rose 4.2% over the trailing year, and 16% higher over three years (phase confidence 38/100). At a peak the opportunity is selective — specific stressed parcels, not a broad discount.

Home values center near $293,100, an affordability ratio of 4.4×. 13.0% of residents fall below the poverty threshold. DLRadar's demographic-stress index for the area reads 35/100. Around 45% of renters are cost-burdened. 30,559 residents call 23503 home, typically aged 36. Educational attainment sits at 31% bachelor's-or-above. Median household income is $62,428, below the U.S. median near $78,000. The ZIP holds roughly 15,552 housing units. Owners hold 49% of homes, renters 51%. The vacancy rate is 7.6%.

Overall, 23503 shows a mixed profile — neither uniformly stressed nor insulated — so opportunity is property-specific. Every signal above traces to a verifiable public dataset, refreshed continuously and scored the same way in every ZIP nationwide.