13 markets where you’re most likely to see vacant, ‘zombie’ homes

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A boarded-up vacant home is seen with General Motors World Headquarters, left, and the Detroit skyline on June 10, 2014.
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Rebecca Cook/Reuters

The housing market, despite new problems cropping up, has pulled itself out of the depths of its crisis from 2007 to 2009.

Foreclosure rates have fallen back to their pre-crisis averages, and vacancy rates have declined as well.

This, however, is a bird’s eye view of the whole situation. Housing is a local issue, and different cities have weathered the storm of the crisis differently.

One of the indelible marks of the crisis was the empty, foreclosed homes.

While foreclosures take a long time and can leave people living in a foreclosed home, the boarded-up, foreclosed home was an unforgettable sign of the crisis.

ATTOM Data Solutions, formerly known as RealtyTrac, calls these “zombie” homes. “Zombie” homes have declined nationwide since the peak of the crisis, according to ATTOM, but in some markets they are more prevalent than in others.

We’ve taken ATTOM’s data and compiled a list of the 13 large housing markets in which “zombie” homes make up at least 7% of all foreclosed homes.

Check out the markets below.


Deltona-Daytona Beach-Ormond Beach, Florida

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Joe Raedle/Getty Images

Percent of foreclosed homes that are “zombie” homes: 7.2%

Total number of “zombie” homes: 127

Number of homes in foreclosure: 1,775

Total vacancy rate: 2.4%

Total number of vacant homes: 5,749

Source: ATTOM Data Solutions


Tampa-St. Petersburg-Clearwater, Florida

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REUTERS/Rick Wilking

Percent of foreclosed homes that are “zombie” homes: 7.4%

Total number of “zombie” homes: 603

Number of homes in foreclosure: 8,146

Total vacancy rate: 2.8%

Total number of vacant homes: 27,190

Source: ATTOM Data Solutions


North Port-Sarasota-Bradenton, Florida

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Erin Siegal/Reuters

Percent of foreclosed homes that are “zombie” homes: 7.4%

Total number of “zombie” homes: 111

Number of homes in foreclosure: 1,491

Total vacancy rate: 2.6%

Total number of vacant homes: 8,161

Source: ATTOM Data Solutions


Cleveland-Elyria, Ohio

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Rebecca Cook/Reuters

Percent of foreclosed homes that are “zombie” homes: 7.7%

Total number of “zombie” homes: 356

Number of homes in foreclosure: 4,636

Total vacancy rate: 2.8%

Total number of vacant homes: 19,792

Source: ATTOM Data Solutions


Las Vegas-Henderson-Paradise, Nevada

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Mike Segar/Reuters

Percent of foreclosed homes that are “zombie” homes: 7.8%

Total number of “zombie” homes: 375

Number of homes in foreclosure: 4,803

Total vacancy rate: 2.1%

Total number of vacant homes: 13,896

Source: ATTOM Data Solutions


Trenton, New Jersey

source
REUTERS/Mario Anzuoni

Percent of foreclosed homes that are “zombie” homes: 9.0%

Total number of “zombie” homes: 260

Number of homes in foreclosure: 2,877

Total vacancy rate: 2.1%

Total number of vacant homes: 2,362

Source: ATTOM Data Solutions


Rochester, New York

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Robert Galbraith/Reuters

Percent of foreclosed homes that are “zombie” homes: 9.1%

Total number of “zombie” homes: 413

Number of homes in foreclosure: 4,538

Total vacancy rate: 1.0%

Total number of vacant homes: 3,261

Source: ATTOM Data Solutions


Worcester, Massachusetts-Connecticut

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REUTERS/Mike Segar

Percent of foreclosed homes that are “zombie” homes: 9.3%

Total number of “zombie” homes: 140

Number of homes in foreclosure: 1,501

Total vacancy rate: 1.3%

Total number of vacant homes: 3,335

Source: ATTOM Data Solutions


Indianapolis-Carmel-Anderson, Indiana

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Spencer Platt/Getty Images

Percent of foreclosed homes that are “zombie” homes: 9.4%

Total number of “zombie” homes: 257

Number of homes in foreclosure: 2,741

Total vacancy rate: 3.0%

Total number of vacant homes: 18,666

Source: ATTOM Data Solutions


Baltimore-Columbia-Towson, Maryland

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Justin Sullivan/Getty Images

Percent of foreclosed homes that are “zombie” homes: 9.5%

Total number of “zombie” homes: 375

Number of homes in foreclosure: 3,928

Total vacancy rate: 2.6%

Total number of vacant homes: 24,118

Source: ATTOM Data Solutions


Albany-Schenectady-Troy, New York

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Reuters/Larry Downing

Percent of foreclosed homes that are “zombie” homes: 10.7%

Total number of “zombie” homes: 239

Number of homes in foreclosure: 2,236

Total vacancy rate: 1.6%

Total number of vacant homes: 3,968

Source: ATTOM Data Solutions


Portland-Vancouver-Hillsboro, Oregon-Washington

source
Thomson Reuters

Percent of foreclosed homes that are “zombie” homes: 11.0%

Total number of “zombie” homes: 128

Number of homes in foreclosure: 1,167

Total vacancy rate: 1.4%

Total number of vacant homes: 8,677

Source: ATTOM Data Solutions


St. Louis, Missouri-Illinois

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Alana Semuels/The Atlantic

Percent of foreclosed homes that are “zombie” homes: 11.1%

Total number of “zombie” homes: 241

Number of homes in foreclosure: 2,175

Total vacancy rate: 2.8%

Total number of vacant homes: 26,909

Source: ATTOM Data Solutions


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Reuters/Koh Gui Qing

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