ZIP 38138 Property Distress & Foreclosure Data

DLRadar grades ZIP 38138 (Shelby County, Tennessee) at a moderate 36/100 for overall property distress. It additionally carries heavy environmental risk: climate & FEMA risk (99/100), flood (NFIP) exposure (85/100). On the structural side it scores 81/100, with 6/100 of stress already active. Property-level stress concentrates in construction/permit lag (89/100), structural risk (81/100), institutional ownership (51/100). By contrast, mortgage stress (20/100) register low.

The market reads recovery — home values rose 2.2% year on year, and 7% higher over three years (phase confidence 13/100). Appreciation rarely lifts every parcel — the laggards are the opportunity.

Median household income is $130,125, above the U.S. median near $78,000. 4.1% of residents fall below the poverty threshold. Owners hold 80% of homes, renters 20%. Around 42% of renters are cost-burdened. Educational attainment sits at 69% bachelor's-or-above. Home values center near $430,200, an affordability ratio of 3.0× — accessible. About 25,368 people live here, median age 44. DLRadar's demographic-stress index for the area reads 22/100. The ZIP holds roughly 10,660 housing units. The vacancy rate is 4.8%.

Net-net, 38138 is middle-of-the-pack, where the deals are specific addresses rather than the whole ZIP. Every signal above traces to a verifiable public dataset, refreshed continuously and scored the same way in every ZIP nationwide.