St. Louis has one of the highest rates of vacant homes in the U.S, according to a new report.
The city had 4,730 vacant homes as of the end of the third quarter, according to ATTOM Data Solutions, a company that tracks real estate data. That translates to 5.93 percent of all the homes in St. Louis.
It’s the third-highest rate among counties and independent cities in the country, according to the report. Baltimore City, Maryland, (7.83 percent) and Genesee County, Michigan, (6.99 percent) have higher rates.
Missouri’s vacant home rate of 2.56 percent ranks in the middle of the pack among the 50 states, the report shows.
Nationally, about 1.52 percent of homes were vacant at the end of the third quarter. That was up from 1.5 percent at the same time last year.
The report found 10,291 “zombie” foreclosures — that is, homes vacated by owners after they received foreclosure notices. Missouri accounted for 33 of those.
To produce the report, ATTOM analyzed data from county tax assessors for more than 95 million single-family homes and condos. Only metropolitan statistical areas with at least 100,000 single-family units and counties with at least 50,000 such units were considered.