ZIP 47615 Property Distress & Foreclosure Data

DLRadar grades ZIP 47615 (Spencer County, Indiana) at a low 18/100 for overall property distress. Property-level stress concentrates in construction/permit lag (63/100), structural risk (44/100), institutional ownership (18/100). By contrast, institutional ownership (18/100) and mortgage stress (8/100) register low. It additionally carries heavy environmental risk: flood (NFIP) exposure (80/100). The latent-versus-live split is 44/100 structural and 2/100 already moving.

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

Median household income is $60,250, below the U.S. median near $78,000. The ZIP holds roughly 740 housing units. Around 38% of renters are cost-burdened. About 1,683 people live here, median age 45. 7.1% of residents fall below the poverty threshold. Educational attainment sits at 18% bachelor's-or-above. Home values center near $166,400, an affordability ratio of 2.8× — accessible. Owners hold 83% of homes, renters 17%. DLRadar's demographic-stress index for the area reads 27/100. The vacancy rate is 7.2%.

Net-net, 47615 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.