ZIP 38115 Foreclosure, Tax-Lien & Distress Report

DLRadar grades ZIP 38115 (Shelby County, Tennessee) at a moderate 30/100 for overall property distress. The latent-versus-live split is 65/100 structural and 6/100 already moving. Property-level stress concentrates in structural risk (65/100), institutional ownership (48/100), construction/permit lag (31/100). By contrast, construction/permit lag (31/100) and mortgage stress (20/100) register low. It additionally carries heavy environmental risk: climate & FEMA risk (99/100), flood (NFIP) exposure (85/100).

The peak-phase market in 38115 posted values that rose 1.2% over the year, and 10% higher over three years (phase confidence 11/100). At a peak the opportunity is selective — specific stressed parcels, not a broad discount.

Population is roughly 36,878 with a median age of 30. The demographic-stress sub-score lands at 38/100. There are about 19,031 housing units across 38115. The tenure split is 23% owner-occupied to 77% rented. Educational attainment sits at 14% bachelor's-or-above. Vacancy runs 16.2%, above the national norm and a classic distress-and-opportunity signal. Roughly 19.5% live below the poverty line, elevated and often tied to deferred-maintenance inventory. Households earn a median $42,931 — below the roughly $78,000 national figure. The typical home is worth about $145,400 (3.0× income, relatively affordable). Rent burden reaches 48% of tenant households.

On the whole, 38115 leans distressed, with opportunity clustered in specific stressed parcels. While 38115 carries no listed distressed parcels today, each signal above ties back to a public dataset on the same national scale.

Big metro or rural, 38115 runs through one identical public-record model, so its 30/100 sits on the same scale as every other ZIP in Shelby County, Tennessee and the nation. Nothing here is interpolated — where a source is thin for 38115, DLRadar leaves it blank rather than guessing, and re-scores as new records post.

38115's headline rolls up several separately-scored signals, which is why two ZIPs can share a composite yet face very different distress. The point of the 38115 score is action: it tells you whether to open the ZIP, and DLRadar takes it from there to parcels, funding and close.