ZIP 47240 Property Distress & Foreclosure Data

In Decatur County, Indiana, ZIP 47240 scores 20 of 100 for composite distress, a low level on DLRadar's public-record index. Its standout signals are institutional ownership (47/100), structural risk (45/100), construction/permit lag (41/100). By contrast, mortgage stress (18/100) register low. The latent-versus-live split is 45/100 structural and 5/100 already moving. It additionally carries heavy environmental risk: flood (NFIP) exposure (63/100), FEMA disaster exposure (62/100).

The market reads peak — home values rose 4.4% year on year, and 22% higher over three years (phase confidence 32/100). Topping markets hide individual distress behind strong averages.

Home values center near $209,200, an affordability ratio of 2.7× — accessible. 8.7% of residents fall below the poverty threshold. Owners hold 73% of homes, renters 27%. Around 27% of renters are cost-burdened. The ZIP holds roughly 9,589 housing units. Educational attainment sits at 20% bachelor's-or-above. The vacancy rate is 9.7%. DLRadar's demographic-stress index for the area reads 26/100. Median household income is $74,373, near the U.S. median near $78,000. About 21,514 people live here, median age 41.

Net-net, 47240 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.