ZIP 38002 Property Distress & Foreclosure Data

DLRadar grades ZIP 38002 (Shelby County, Tennessee) at a moderate 35/100 for overall property distress. Property-level stress concentrates in construction/permit lag (88/100), structural risk (78/100), institutional ownership (49/100). mortgage stress (19/100) stay muted. On the structural side it scores 78/100, with 6/100 of stress already active. Climate and flood risk are elevated too — climate & FEMA risk (96/100), flood (NFIP) exposure (74/100).

Prices here sit in a recovery phase: values rose 2.2% over the trailing year, and 5% higher over three years (phase confidence 13/100). Even climbing markets leave specific parcels in distress; the scoring isolates them.

The ZIP holds roughly 15,690 housing units. Around 45% of renters are cost-burdened. The vacancy rate is 1.9%. Around 47% of adults hold a bachelor's degree or higher. The poverty rate is 4.3% — low. 83% of housing is owner-occupied. The demographic-stress sub-score lands at 25/100. The typical home is worth about $399,300 (3.1× income, relatively affordable). At $115,478, median income runs above typical U.S. levels. 43,868 residents call 38002 home, typically aged 40.

Overall, 38002 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.