According to ATTOM Data Solutions’ newly released Q4 2020 Vacant Property and Zombie Foreclosure Report, among the 200,065 properties in the process of foreclosure in Q4 2020, 7,612 are sitting empty or zombie foreclosures. While that number is down 4.4 percent from Q3 2020, the portion of pre-foreclosure properties that have been abandoned as zombie foreclosures is up slightly, from 3.7 percent in Q3 2020 to 3.8 percent in Q4 2020.

ATTOM’s latest vacant properties analysis provides a current snapshot of the market in the fourth quarter of 2020. The analysis shows that 1.6 million (1,556,592) residential properties in the U.S. are vacant, representing 1.6 percent of all homes. The analysis also shows that among the nation’s stock of 99.5 million residential properties, zombie properties continue to represent just a tiny fraction – only one of every 13,100 homes.

The Q4 2020 vacant property and zombie foreclosure report notes the zombie foreclosure rate of 3.8 percent, or one in 26 properties, is up from 3 percent, or one in 34 properties, in Q3 2019. The report also notes the states with the highest zombie foreclosure rates remain clustered in the Midwest and South, with the top rates among those states with at least 50 properties in foreclosure and vacant, include: Iowa (15.5 percent, or one in six properties in the foreclosure process), Kentucky (12 percent, or one in eight), Missouri (10.2 percent, or one in 10), Georgia (9.6 percent, or one in 10), and Maryland (9.2 percent, or one in nine).