States With the Most Foreclosed Homes

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Chicago, Illinois 4

5. Illinois
> Foreclosure rate: 1 in every 91 (5th highest)
> Housing units in foreclosure 2016: 58,197 (5th most)
> Median home value: $180,300 (tied-24th highest)
> 5-yr. home value change: 4.9% (17th smallest increase)
> Homes seriously underwater: 16.5% (3rd highest)

Orlando, Florida Cityscape

4. Florida
> Foreclosure rate: 1 in every 85 (4th highest)
> Housing units in foreclosure 2016: 106,901 (the most)
> Median home value: $179,800 (25th lowest)
> 5-yr. home value change: 10.5% (4th largest increase)
> Homes seriously underwater: 13.9% (7th highest)

Baltimore, Maryland 3

3. Maryland
> Foreclosure rate: 1 in every 73 (3rd highest)
> Housing units in foreclosure 2016: 32,988 (9th most)
> Median home value: $299,800 (5th highest)
> 5-yr. home value change: 3.9% (13th smallest increase)
> Homes seriously underwater: 13.0% (9th highest)

Wilmington, Delaware Memorial Bridge

2. Delaware
> Foreclosure rate: 1 in every 66 (2nd highest)
> Housing units in foreclosure 2016: 6,190 (17th fewest)
> Median home value: $240,200 (15th highest)
> 5-yr. home value change: 4.2% (15th smallest increase)
> Homes seriously underwater: 13.3% (8th highest)

Newark at night, New Jersey

1. New Jersey
> Foreclosure rate: 1 in every 54 (the highest)
> Housing units in foreclosure 2016: 66,592 (3rd most)
> Median home value: $322,600 (4th highest)
> 5-yr. home value change: 3.0% (6th smallest increase)
> Homes seriously underwater: 12.3% (10th highest)