Housing-News-Report-March-2018

DATA IN ACTION

Markets with Most Environmental Hazard Risk

ATTOM Data Solutions analyzed 8,665 U.S. zip codes with sufficient housing trend data for risk related to four environmental hazards — superfund sites, brownfields, polluters and poor air quality — to determine which markets have the highest risk and to evaluate housing market trends based on environmental hazard risk. A total of 12.6 million U.S. single family homes and condos with a combined estimated market value of $3.4 trillion were in zip codes in the top quintile for environmental hazard housing risk. The average market value of those homes was $268,585 compared to an average market

“A total of 12.6 million U.S. single family homes and condos with a combined estimated market value of $3.4 trillion were in zip codes in the top quintile for environmental hazard housing risk.”

value of $329,217 for all 66.2 million U.S. single family homes and condos analyzed for the report. Markets with the most combined value of homes in zip codes in the top quintile for environmental hazard risk were Houston, Texas ($415 billion); Riverside-San Bernardino, California ($344 billion); Portland, Oregon ($254

billion); Washington, D.C. ($161 billion); and Chicago, Illinois ($134 billion).

Zip codes with the 10 highest total Environmental Hazard Housing Risk Index values in 2017 were in Denver, Southern California, Portland, St. Louis, Burlington, North Carolina, Tulsa, Oklahoma and Houston.

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MARCH 2018 | ATTOM DATA SOLUTIONS

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