States With the Most Foreclosed Homes

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Aerial view of downtown New Orleans, Louisiana

35. Louisiana
> Foreclosure rate: 1 in every 237 (16th lowest)
> Housing units in foreclosure 2016: 8,404 (22nd fewest)
> Median home value: $155,600 (18th lowest)
> 5-yr. home value change: 8.4% (11th largest increase)
> Homes seriously underwater: 16.4% (4th highest)

New Hampshire covered bridge

34. New Hampshire
> Foreclosure rate: 1 in every 232 (17th lowest)
> Housing units in foreclosure 2016: 2,665 (10th fewest)
> Median home value: $244,500 (13th highest)
> 5-yr. home value change: 3.4% (10th smallest increase)
> Homes seriously underwater: 6.8% (21st lowest)

Texas bluebonnet field and fence in spring

33. Texas
> Foreclosure rate: 1 in every 222 (18th lowest)
> Housing units in foreclosure 2016: 45,807 (6th most)
> Median home value: $152,000 (16th lowest)
> 5-yr. home value change: 8.9% (8th largest increase)
> Homes seriously underwater: 5.5% (16th lowest)

Des Moines, Iowa

32. Iowa
> Foreclosure rate: 1 in every 204 (19th lowest)
> Housing units in foreclosure 2016: 6,596 (19th fewest)
> Median home value: $136,100 (8th lowest)
> 5-yr. home value change: 2.3% (5th smallest increase)
> Homes seriously underwater: 8.6% (23rd highest)

Downtown Madison, Wisconsin

31. Wisconsin
> Foreclosure rate: 1 in every 198 (20th lowest)
> Housing units in foreclosure 2016: 13,333 (23rd most)
> Median home value: $168,300 (22nd lowest)
> 5-yr. home value change: 2.2% (4th smallest increase)
> Homes seriously underwater: 9.6% (19th highest)