ZIP 48623 Property Distress & Foreclosure Data

DLRadar grades ZIP 48623 (Saginaw County, Michigan) at a low 23/100 for overall property distress. Property-level stress concentrates in construction/permit lag (70/100), structural risk (52/100), institutional ownership (12/100). By contrast, institutional ownership (12/100) and mortgage stress (6/100) register low. It additionally carries heavy environmental risk: climate & FEMA risk (83/100). The latent-versus-live split is 52/100 structural and 2/100 already moving.

The market reads peak — home values rose 4.9% year on year, and 23% higher over three years (phase confidence 39/100). Topping markets hide individual distress behind strong averages.

The typical home is worth about $257,700 (2.4× income, relatively affordable). 88% of housing is owner-occupied. At $96,371, median income runs above typical U.S. levels. Around 35% of renters are cost-burdened. The poverty rate is 5.9% — low. Around 33% of adults hold a bachelor's degree or higher. The vacancy rate is 4.9%. The ZIP holds roughly 5,547 housing units. The demographic-stress sub-score lands at 23/100. About 15,126 people live here, median age 42.

Overall 48623 looks resilient on the surface, so the edge is isolating individual stressed parcels. Every signal above traces to a verifiable public dataset, refreshed continuously and scored the same way in every ZIP nationwide.