ZIP 48240 Property Distress & Foreclosure Data

DLRadar grades ZIP 48240 (Wayne County, Michigan) at a low 27/100 for overall property distress. Structural risk reads 59/100 against active distress of 6/100. Environmental exposure also runs high (climate & FEMA risk (99/100), flood (NFIP) exposure (90/100)). Property-level stress concentrates in structural risk (59/100), institutional ownership (51/100), mortgage stress (20/100). On the quiet end sit mortgage stress (20/100).

The expansion-phase market in 48240 posted values that rose 5.6% over the year, and 11% higher over three years, at 34/100 phase confidence. Rising prices can mask pockets of distress, where per-parcel scoring earns its keep.

Owners hold 74% of homes, renters 26%. Home values center near $135,300, an affordability ratio of 2.1× — accessible. DLRadar's demographic-stress index for the area reads 28/100. Educational attainment sits at 22% bachelor's-or-above. There are about 7,128 housing units across 48240. Median household income is $57,970, below the U.S. median near $78,000. Population is roughly 17,097 with a median age of 38. 11.3% of residents fall below the poverty threshold. Vacancy runs 6.4%. Rent burden reaches 50% of tenant households.

On balance 48240 is mixed, rewarding parcel-by-parcel screening over broad assumptions. Every signal above traces to a verifiable public dataset, refreshed continuously and scored the same way in every ZIP nationwide.