ZIP 47588 Property Distress & Foreclosure Data

In Spencer County, Indiana, ZIP 47588 scores 20 of 100 for composite distress, a low level on DLRadar's public-record index. It additionally carries heavy environmental risk: flood (NFIP) exposure (76/100). Its standout signals are construction/permit lag (60/100), structural risk (48/100), institutional ownership (32/100). By contrast, institutional ownership (32/100) and mortgage stress (13/100) register low. Structural risk reads 48/100 against active distress of 4/100.

The market reads expansion — home values rose 6.2% year on year, at 31/100 phase confidence. Appreciation rarely lifts every parcel — the laggards are the opportunity.

There are about 387 housing units across 47588. Home values center near $116,100, an affordability ratio of 1.9× — accessible. Vacancy runs 16.2%, above the national norm and a classic distress-and-opportunity signal. Owners hold 88% of homes, renters 12%. DLRadar's demographic-stress index for the area reads 20/100. Median household income is $59,096, below the U.S. median near $78,000. Rent burden reaches 10% of tenant households. 4.9% of residents fall below the poverty threshold. About 881 people live here, median age 33. Educational attainment sits at 18% bachelor's-or-above.

Net-net, 47588 is a working-distress ZIP — the kind that rewards current, parcel-level intelligence. Every signal above traces to a verifiable public dataset, refreshed continuously and scored the same way in every ZIP nationwide.