Which city has the most vacant homes in the US?

The site found Gary, Indiana, had an extremely high percentage – nearly 20 percent – of vacant homes. hilton head Island, South Carolina, and Flint, Michigan, also had a very high vacancy rate.

 · Cities With the Most Abandoned Homes. Median housing prices in all but one of the metro areas with the most vacant homes were among the lowest in the country. In addition, housing prices fell during the last 12 months in four of the 10 cities: Boise, St. Louis, Syracuse, and wichita. daren blomquist, vice president at RealtyTrac,

For those concerned if their city is among the top most frequented by this particular, and very unpleasant, breed of "zombies", here are the top 50 cities in the US in which zombie foreclosures represent the highest percentage of all properties in foreclosure. For those readers certainly located among the Top 10, now may be a great time to hit a bid, any bid and get out while the getting is good.

Cities With the Most (and Least) Empty Homes. Those with the lowest vacancy rates sit around the Silicon Valley and in resort areas in Vermont, New Hampshire and Utah. The city with the highest vacancy rate is deeply troubled Flint (7.5%). The one with the lowest vacancy rate is San Jose (0.2%).

The Bulk of the Vacancies. The cities with the highest percentage of vacant homes belonging in this category are primarily on the east coast. Myrtle Beach, South Carolina tops the list with 95% of the vacant properties falling into the investment property category.

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At the city level, Detroit had the highest vacancy rate, with 53,000 empty houses, nearly one in five. Nationally, close to one of every 63 residential properties that RealtyTrac analyzed are vacant.

 · The site found Gary, Indiana, had an extremely high percentage – nearly 20 percent – of vacant homes. Hilton Head Island, South Carolina, and Flint, Michigan, also had a.

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Mallach’s analysis finds plenty of structural issues keeping cities and neighborhoods strewn with abandoned and vacant property, most notably the high legacy costs associated with empty homes.

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In a study* out today, RealtyTrac took publicly recorded real estate data and compared it with monthly updated vacancy data from the U.S. Postal Service to come up with the Top 5 Most Vacant Cities, and the Top 5 Most Occupied Cities in the United States. Related: The 10 US Markets With the Biggest Rent Increases & Decreases in 2015