The number of vacant homes/condominiums in the US dropped slightly to 1.52% of all homes/condos during Q3 2018 compared with 1.58% in Q3 2017, according to ATTOM Data Solutions’ 2018 Vacant Property and Zombie Foreclosure Report. The report also indicated there were 10,291 vacant “zombie” foreclosure homes in Q3 2018, down from 14,312 in the same time frame last year.
Daren Blomquist, senior vice president with ATTOM Data Solutions, said, “There are still large concentrations of zombie homes and other vacant homes in some local markets and submarkets, but those high concentrations are becoming fewer and farther between.”
State Markets with the Highest Vacant Home Rates
- Tennessee – 2.6%
- Kansas – 2.50%
- Oklahoma – 2.49%
- Mississippi – 2.47%
- Indiana – 2.45%
Metro Markets (among 153 metros) with the Highest Vacant Home Rates
- Flint, MI – 6.99%
- Youngstown, OH – 3.8%
- Beaumont – Port Arthur, TX – 3.7%
- Myrtle Beach, SC – 3.7%
- Mobile, AL – 3.69%
Counties (among 405 US counties) with the Highest Vacant Home Rates
- Baltimore City, MY – 7.83%
- Genesco County (Flint) MI – 6.99%
- Louis City County, MI – 5.93%
- Bibb County (Macon) GE – 5.73%
- Wayne County (Detroit) MI – 5.60%
At least one in ten homes stand vacant in 217 of 15,957 zip codes analyzed by ATTOM for this report. These 217 zip codes have a combined population of +2.8M people and posted a vacant home rate of at least 10% in Q3 2018.
Zip Codes (among 15,957 zip codes) with the Highest Vacant Home Rates
- 46402 – Gary, IN – 31.41%
- 48505 – Flint, MI – 31.17%
- 46409 – Gary, IN – 28.92%
- 46407 – Gary, IN – 28.59%
- 29928 – Hilton Head Island, SC – 26.38%
