ZIP 56623 Property Distress & Foreclosure Data

ZIP code 56623 in Lake Of The Woods County, Minnesota carries a composite property-distress score of 2/100 — a minimal reading on DLRadar's deterministic public-record index. What sets it apart are the readings on mortgage stress (9/100), structural risk (4/100), institutional ownership (3/100). On the quiet end sit structural risk (4/100) and institutional ownership (3/100). Structural risk reads 4/100 against active distress of 3/100.

The peak-phase market in 56623 posted values that rose 4.8% over the year, and 14% higher over three years, at 37/100 phase confidence. Near a top, distress surfaces unevenly, so parcel screening beats headline strength.

The tenure split is 85% owner-occupied to 15% rented. Households earn a median $74,000 — near the roughly $78,000 national figure. A median home runs $232,800 here, or 3.1 times local income. Roughly 10.2% live below the poverty line. Population is roughly 2,684 with a median age of 54. Vacancy runs 41.6%, above the national norm and a classic distress-and-opportunity signal. Rent burden reaches 34% of tenant households. There are about 2,117 housing units across 56623. On demographic stress specifically, 56623 scores 30/100. About 25% have a four-year degree.

On the whole, 56623 leans distressed, with opportunity clustered in specific stressed parcels. Every signal above traces to a verifiable public dataset, refreshed continuously and scored the same way in every ZIP nationwide.