ZIP 48238 Property Distress & Foreclosure Data
Wayne County, Michigan's ZIP 48238 registers 27/100 composite distress, which DLRadar reads as low. The most distinctive pressure shows up in structural risk (59/100), institutional ownership (51/100), mortgage stress (20/100). mortgage stress (20/100) stay muted. Climate and flood risk are elevated too — climate & FEMA risk (99/100), flood (NFIP) exposure (90/100). The latent-versus-live split is 59/100 structural and 6/100 already moving.
Prices here sit in a expansion phase: values rose 5.6% over the trailing year, and 44% higher over three years (phase confidence 34/100). Even climbing markets leave specific parcels in distress; the scoring isolates them.
The vacancy rate is 37.0% — elevated. A median home runs $64,800 here, or 1.9 times local income. Roughly 35.8% live below the poverty line, elevated and often tied to deferred-maintenance inventory. On demographic stress specifically, 48238 scores 39/100. The tenure split is 47% owner-occupied to 53% rented. About 13% have a four-year degree. Households earn a median $30,286 — below the roughly $78,000 national figure. 24,569 residents call 48238 home, typically aged 35. Around 53% of renters are cost-burdened. The ZIP holds roughly 16,014 housing units.
Taken together, 48238 profiles as an active-distress market where motivated-seller and below-market acquisitions concentrate. Every signal above traces to a verifiable public dataset, refreshed continuously and scored the same way in every ZIP nationwide.
Distress signal breakdown — ZIP 48238
Tax delinquency, institutional ownership, insurance pressure, NFIP/flood, construction lag, price dislocation and auction velocity — plus the 0 individual distressed properties (owner, address, APN, per-property score and exit read) are in the full DLRadar report.
Nearby ZIPs in Wayne County
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