ZIP 56576 Property Distress & Foreclosure Data

DLRadar grades ZIP 56576 (Otter Tail County, Minnesota) at a low 20/100 for overall property distress. Property-level stress concentrates in construction/permit lag (82/100), structural risk (45/100), mortgage stress (7/100). mortgage stress (7/100) and institutional ownership (3/100) stay muted. The latent-versus-live split is 45/100 structural and 2/100 already moving. Climate and flood risk are elevated too — climate & FEMA risk (79/100).

Prices here sit in a peak phase: values rose 3.3% over the trailing year, and 16% higher over three years (phase confidence 25/100). At a peak the opportunity is selective — specific stressed parcels, not a broad discount.

Around 40% of renters are cost-burdened. The ZIP holds roughly 999 housing units. At $73,523, median income runs near typical U.S. levels. Around 28% of adults hold a bachelor's degree or higher. The typical home is worth about $386,000 (4.9× income). 91% of housing is owner-occupied. The demographic-stress sub-score lands at 36/100. 858 residents call 56576 home, typically aged 61. The poverty rate is 7.1% — low. The vacancy rate is 59.3% — elevated.

Taken together, 56576 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.