ZIP 56387 Property Distress & Foreclosure Data

DLRadar grades ZIP 56387 (Stearns County, Minnesota) at a low 20/100 for overall property distress. Property-level stress concentrates in construction/permit lag (68/100), structural risk (44/100), mortgage stress (3/100). mortgage stress (3/100) and institutional ownership (3/100) stay muted. Climate and flood risk are elevated too — climate & FEMA risk (88/100). On the structural side it scores 44/100, with 1/100 of stress already active.

Prices here sit in a peak phase: values rose 0.6% over the trailing year, 1.1% off the recent peak, and 13% higher over three years (phase confidence 34/100). At a peak the opportunity is selective — specific stressed parcels, not a broad discount.

At $57,387, median income runs below typical U.S. levels. Around 19% of adults hold a bachelor's degree or higher. The ZIP holds roughly 3,436 housing units. 49% of housing is owner-occupied. The typical home is worth about $232,200 (4.0× income). The demographic-stress sub-score lands at 39/100. Around 54% of renters are cost-burdened. The vacancy rate is 4.0%. The poverty rate is 24.1% — high, a tax-stress and distress correlate. 7,705 residents call 56387 home, typically aged 39.

Taken together, 56387 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.