New! Eligible SoFi members can invest in upcoming IPOs before they’re traded on the public market—only in the SoFi app.* Learn more

Foreclosure Rates for All 50 States in May 2021

By Robin Rothstein · July 09, 2021 · 11 minute read

We’re here to help! First and foremost, SoFi Learn strives to be a beneficial resource to you as you navigate your financial journey. Read more We develop content that covers a variety of financial topics. Sometimes, that content may include information about products, features, or services that SoFi does not provide. We aim to break down complicated concepts, loop you in on the latest trends, and keep you up-to-date on the stuff you can use to help get your money right. Read less

Foreclosure Rates for All 50 States in May 2021

The number of US properties with foreclosure filings in May was 10,821, according to ATTOM Data
Solutions.
That’s up more than 23% from May last year, when foreclosures remained exceedingly low due to the COVID-19 foreclosure moratorium for federally guaranteed mortgages under the CARES Act. (Note: President Joe Biden’s administration has extended the foreclosure moratorium to July 31, 2021, and the deadline to request mortgage payment forbearance to September 30, 2021.)

That said, May foreclosure filings were down roughly 8% from April, a substantive change compared to the negligible decline of 0.005% between April and March. Read on for the foreclosure rates in May 2021 — plus the five counties with the highest rates within those states.

50 State Foreclosure Rates

As just noted, foreclosures are on the rise compared to last year, but down compared to April. Read on for May foreclosure rates for all 50 states, plus the District of Columbia, beginning with the state that had the lowest rate of foreclosure filings per housing units.

District of Columbia

Ranking in population just above the country’s two least populated states – Vermont and Wyoming – Washington, D.C. had six foreclosures in May. With a total of 315,176 housing units, the District’s foreclosure rate was one in every 52,529 households, putting it in between Idaho (#47) and North Dakota (#46) for foreclosures.

50. South Dakota

The fifth least populated state ranks in the 50th spot with just two homes going into foreclosure in May. With 388,569 total housing units, the state’s foreclosure rate was one in every 194,285 households. Only two counties in the state had foreclosures. The counties with the most foreclosures per housing unit were (from highest to lowest): Pennington followed by Minnehaha.

49. Vermont

Of Vermont’s 334,999 housing units, three homes went into foreclosure in May. The second least populated state’s foreclosure rate is one in every 111,666 households. Only three counties in the state had foreclosures. The counties with the most foreclosures per housing unit were (from highest to lowest): Caledonia, Rutland, and Chittenden.

48. West Virginia

The 38th most populated state, West Virginia has 892,182 homes, of which eight went into foreclosure in May. That means the foreclosure rate was one in every 111,523 homes. The counties with the most foreclosures per housing unit were (from highest to lowest): Boone, Monongalia, Putnam, Marion, and Kanawha.

47. North Dakota

North Dakota’s foreclosure rate is one in every 93,266 homes. That puts the fourth least populated state – with a total of 373,063 housing units and four homes in foreclosure — in 47th place. Only two counties in the state had foreclosures. The counties with the most foreclosures per housing unit were (from highest to lowest): Ward followed by Cass.

46. Idaho

The 39th most populated state had 16 homes go into foreclosure in May. With 723,594 total housing units, the state’s foreclosure rate was one in every 45,225 households. The counties with the most foreclosures per housing unit were (from highest to lowest): Lemhi, Gooding, Nez Perce, Kootenai, and Canyon.

45. Montana

In Montana, the 44th most populated state, there were 12 foreclosures out of 510,180 housing units. That puts the foreclosure rate for the Treasure State at one in every 42,515 homes. The counties with the most foreclosures per housing unit were (from highest to lowest): Big Horn, Stillwater, Silver Bow, Park, and Lincoln.

44. Kansas

Ranking 35th for most populated, Kansas has 1,273,297 homes. A total of 33 went into foreclosure in May, making the state’s foreclosure rate one in every 38,585 households. The counties with the most foreclosures per housing unit were (from highest to lowest): Osborne, Ottawa, Geary, Pawnee, and Greenwood.

43. Colorado

The 21st most populated state ranked 43rd for foreclosures in May. Of its 2,386,475 housing units, 62 went into foreclosure, making for a foreclosure rate of one in every 38,492 homes. The counties with the most foreclosures per housing unit were (from highest to lowest): Logan, Rio Grande, Delta, Fremont, and Adams.

42. Oregon

The 27th most populated state was 42nd for foreclosures. Of its 1,768,901 homes, 55 went into foreclosure, making for a foreclosure rate of one in every 32,162 homes. The counties with the most foreclosures per housing unit were (from highest to lowest): Harney, Wasco, Baker, Josephine, and Jefferson.

41. Tennessee

With 102 of its 2,963,486 homes going into foreclosure, Tennessee’s foreclosure rate in May was one in every 29,054 households. In the 16th most populated state, the counties with the most foreclosures per housing unit were (from highest to lowest): Wayne, Marion, Weakley, Carter, and McMinn.

Recommended: Tips on Buying a Foreclosed Home

40. Washington

Ranked 13th for most populated state, Washington came in at 40th place. It has 3,106,528 housing units, of which 107 went into foreclosure, making the state’s foreclosure rate one in every 29,033 households. The counties with the most foreclosures per housing unit were (from highest to lowest): Lewis, Skamania, Clallam, Kitsap, and Whatcom.

39. Michigan

Ranking 10th for population, Michigan took the 39th spot in May with a foreclosure rate of one in every 28,026 homes. With a total 4,596,198 housing units, the state had 164 foreclosure filings. The counties with the most foreclosures per housing unit were (from highest to lowest): Jackson, Cass, Monroe, Ingham, and Montcalm.

38. New Hampshire

The 41st most populated state was 38th for foreclosures. Of 634,726 homes, 23 went into foreclosure, making for a foreclosure rate of one in every 27,597 households. The counties with the most foreclosures per housing unit were (from highest to lowest): Belknap, Carroll, Cheshire, Coos, and Grafton.

37. Virginia

The 12th most populated state had 134 homes go into foreclosure in May. With 3,514,032 total housing units, the state’s foreclosure rate was one in every 26,224 households. The counties with the most foreclosures per housing unit were (from highest to lowest): Craig, Covington City, Galax City, King George, and King and Queen.

36. Minnesota

Ranked 22nd for most populated state, Minnesota came in at 36th. It has 2,438,203 housing units, of which 95 went into foreclosure in May, making the state’s foreclosure rate one in every 25,665 households. The counties with the most foreclosures per housing unit were (from highest to lowest): Isanti, Wadena, Benton, Houston, and Crow Wing.

35. Mississippi

In Mississippi, the 33rd most populated state, there were 54 foreclosures out of 1,322,808 housing units. That put its May foreclosure rate at one in every 24,496 homes. The counties with the most foreclosures per housing unit were (from highest to lowest): Winston, Quitman, Chickasaw, Marshall, and Holmes.

34. Arkansas

Ranked 32nd for most populated state, Arkansas came in 34th place for foreclosures. It has 1,370,281 housing units, of which 57 went into foreclosure, making the state’s May foreclosure rate one in every 24,040 households. The counties with the most foreclosures per housing unit were (from highest to lowest): Howard, Cleveland, Lonoke, Garland, and Scott.

33. Utah

Of Utah’s 1,087,112 housing units, 50 homes went into foreclosure in May. The 31st most populated state’s foreclosure rate was one in every 21,742 households. The counties with the most foreclosures per housing unit were (from highest to lowest): Juab, Millard, Sevier, Carbon, and Kane.

32. Arizona

In Arizona, the 14th most populated state, there were 142 foreclosures out of 3,003,286 housing units. That put the May foreclosure rate at one in every 21,150 homes. The counties with the most foreclosures per housing unit were (from highest to lowest): Mohave, Cochise, Yavapai, Santa Cruz, and Pima.

31. Hawaii

The 40th most populated state was 31st for foreclosures. Of 542,674 homes, 26 went into foreclosure, making for a foreclosure rate of one in every 20,872 households. Only three counties in the state had foreclosures (from highest to lowest): Honolulu, Hawaii, and Maui.

Recommended: What Is a Short Sale?

30. Rhode Island

The eighth least populated state stayed steady with 25 homes going into foreclosure in May compared to 26 in April. With 468,335 total housing units, the foreclosure rate for the Ocean State was one in every 18,733 households. The counties with the most foreclosures per housing unit were (from highest to lowest): Providence, Bristol, Washington, Kent, and Newport.

29. Pennsylvania

Pennsylvania ranks fifth for most populated and has 5,693,314 homes. A total of 306 housing units went into foreclosure in May, making the state’s foreclosure rate one in every 18,606 households. The counties with the most foreclosures per housing unit were (from highest to lowest): Lawrence, Columbia, Cambria, Delaware, and Perry.

28. Kentucky

With a total 1,983,949 housing units, Kentucky saw 107 homes go into foreclosure in May. That put the foreclosure rate for the 26th most populated state at one in every 18,542 households. The counties with the most foreclosures per housing unit were (from highest to lowest): Grayson, Lee, Laurel, Hardin, and Washington.

27. New York

With 454 out of a total 8,322,722 housing units in foreclosure, New York had a foreclosure rate of one in every 18,332 households, putting the fourth most populated state in the 27th spot. The counties with the most foreclosures per housing unit were (from highest to lowest): Putnam, Franklin, Orange, Rensselaer, and Broome.

26. Texas

The total number of May foreclosures was 613. With a foreclosure rate of one in every 17,842 households, this put the second most populated state with 10,937,026 housing units in the 26th spot. The counties with the most foreclosures per housing unit were (from highest to lowest): Atascosa, Liberty, Carson, Hutchinson, and Houston.

25. Massachusetts

The 15th most populated state, Massachusetts ranked in the middle at the 25th spot for May. Of its 2,897,259 housing units, 165 went into foreclosure, making for a foreclosure rate of one in every 17,559 homes. The counties with the most foreclosures per housing unit were (from highest to lowest): Berkshire, Hampden, Plymouth, Nantucket, and Worcester.

24. North Carolina

The ninth most populated state, North Carolina has 4,627,089 homes, of which 265 went into foreclosure in May. That means its foreclosure rate was one in every 17,461 homes. The counties with the most foreclosures per housing unit were (from highest to lowest): Jones, Pitt, Onslow, Scotland, and Nash.

23. Maryland

Ranked 19th for most populated state, Maryland came in at 23rd. It has 2,448,422 housing units, of which 144 went into foreclosure, which made the state’s May foreclosure rate one in every 17,003 households. The counties with the most foreclosures per housing unit were (from highest to lowest): Charles, Baltimore City, Talbot, Prince George’s County, and Queen Anne’s County.

22. Wisconsin

Ranked as the 20th most populated state, Wisconsin’s 161 foreclosures out of 2,694,527 total housing units put it in 22nd place in May. The state’s foreclosure rate was one in every 16,736 households. The counties with the most foreclosures per housing unit were (from highest to lowest): Clark, Shawano, Marinette, Washburn, and Richland.

21. Alaska

Alaska’s May foreclosure rate was one in every 14,984 homes. That put the third least populated state, which saw 21 homes go into foreclosure out of a total of 314,670 housing units, in 21st place. The counties with the most foreclosures per housing unit were (from highest to lowest): Sitka, Matanuska-Susitna, Anchorage, Kenai Peninsula, and Fairbanks North Star.

Recommended: Home Buying 101: How Much House You Can Afford

20. Missouri

The 18th most populated state, Missouri was 20th for foreclosures. Of its 2,790,397 homes, 193 went into foreclosure, making for a foreclosure rate of one in every 14,458 homes. The counties with the most foreclosures per housing unit were (from highest to lowest): Gasconade, Randolph, Audrain, Mississippi, and Madison.

19. Louisiana

Ranked 25th for population, Louisiana had 145 homes out of a total 2,059,918 go into foreclosure in May. That means one in every 14,206 households went into foreclosure. The counties with the most foreclosures per housing unit were (from highest to lowest): Plaquemines, Lafourche, Tangipahoa, Iberia, and Vermilion.

18. Wyoming

Ranked the least populated, Wyoming came in at 18th for foreclosures. With 276,846 housing units and 21 homes in foreclosure, the state’s foreclosure rate was one in every 13,183 households. The counties with the most foreclosures per housing unit were (from highest to lowest): Weston, Crook, Sweetwater, Campbell, and Goshen.

17. New Mexico

The 36th most populated state was 17th for foreclosures. Of its 937,920 homes, 79 went into foreclosure, making for a foreclosure rate of one in every 11,872 homes. The counties with the most foreclosures per housing unit were (from highest to lowest): Sandoval, Lincoln, Otero, Bernalillo, and Valencia.

16. Alabama

Ranked 24th for most populated, Alabama came in at 16th in May. Of its 2,255,026 homes, 193 went into foreclosure (nearly the same as April’s 194), making for a foreclosure rate of one in every 11,684 homes. The counties with the most foreclosures per housing unit were (from highest to lowest): Mobile, Bullock, Coffee, Montgomery. and Sumter.

15. Nebraska

Ranking 37th for population, Nebraska came in 15th with a foreclosure rate of one in every 11,317 homes. With a total 837,476 housing units, the state had 74 foreclosure filings. The counties with the most foreclosures per housing unit were (from highest to lowest): Box Butte, Burt, Douglas, Dawes, and Keith.

14. Georgia

The eighth most populated state, Georgia was 14th for most foreclosures. Of its 4,283,477 homes, 380 were foreclosed on. That put the state’s foreclosure rate at one in every 11,272 households. The counties with the most foreclosures per housing unit were (from highest to lowest): Candler, Screven, Meriwether, Crawford, and Butts.

13. Connecticut

With 136 of its 1,516,629 homes going into foreclosure, Connecticut’s foreclosure rate in May was one in every 11,152 households. In the 29th most populated state, the counties that had the most foreclosures per housing unit were (from highest to lowest): Hartford, Windham, New Haven, Litchfield, and Middlesex.

12. Iowa

With 1,397,087 homes and the same number of foreclosures for April and May (134), the 30th most populated state’s foreclosure rate stayed flat at one in every 10,426 homes. The counties with the most foreclosures per housing unit were (from highest to lowest): Wapello, Greene, Madison, Taylor, and Wayne.

11. Maine

Ranked as the ninth least populated state, Maine saw 74 foreclosures in May. With a total of 742,788 housing units, the state had a foreclosure rate of one in every 10,038 homes. The counties with the most foreclosures per housing unit were (from highest to lowest): Oxford, Washington, Penobscot, Somerset, and Androscoggin.

Recommended: Your 2021 Guide to All Things Home

10. Oklahoma

With housing units totaling 1,731,632, the 28th most populated state saw 174 homes go into foreclosure at a foreclosure rate of one in every 9,952 homes. The counties with the most foreclosures per housing unit were (from highest to lowest): Latimer, Murray, Ottawa, Dewey, and Pawnee.

9. California

Ranked number one for most populated state, California took the ninth spot for foreclosures in May. Of its 14,175,976 housing units, 1,529 went into foreclosure, making California’s foreclosure rate one in every 9,271 households. The counties with the most foreclosures per housing unit were (from highest to lowest): Lake, Trinity, Kern, Madera, and Sonoma.

8. South Carolina

With one in every 8,728 homes going into foreclosure, South Carolina took eighth place. Ranked 23rd for population, South Carolina has 2,286,826 housing units and saw 262 foreclosure filings in May. The counties with the most foreclosures per housing unit were (from highest to lowest): Barnwell, Colleton, Dillon, Allendale, and Darlington.

7. Indiana

The 17th largest state by population, Indiana ranked seventh with a foreclosure rate of one in every 8,319 homes. Of its 2,886,548 homes, 347 homes were foreclosed on. The counties with the most foreclosures per housing unit were (from highest to lowest): Randolph, Clinton, Wayne, Howard, and Tipton.

6. Ohio

Ranked the seventh most populated, Ohio was sixth with a foreclosure rate of one in every 7,719 homes. With a total 5,202,304 housing units in the state, the state had a total of 674 filings. The counties with the most foreclosures per housing unit were (from highest to lowest): Scioto, Cuyahoga, Erie, Fulton, and Lawrence.

5. New Jersey

With a foreclosure rate of one in every 7,679 homes, New Jersey took the fifth spot. The 11th most populated state has 3,616,614 housing units, 471 of which went into foreclosure in May. The counties with the most foreclosures per housing unit were (from highest to lowest): Salem, Cumberland, Camden, Ocean, and Warren.

4. Florida

With the third largest population in the country, Florida’s foreclosure rate of one in every 7,207 homes put the Sunshine State into the fourth spot. Of its total 9,448,159 housing units, 1,311 went into foreclosure in May. The counties with the most foreclosures per housing unit were (from highest to lowest): Gilchrist, Union, Gadsden, Levy, and Hernando.

3. Illinois

The sixth most populated state, Illinois ranked number three. Of its 5,360,315 homes, 908 went into foreclosure, making the state’s foreclosure rate one in every 5,903. The counties with the most foreclosures per housing unit were (from highest to lowest): Tazewell, Champaign, Mason, Lee, and Pope.

2. Delaware

The sixth least populated state in the country, Delaware slid from first for foreclosures in April to second in May. With a foreclosure rate of one in every 5,854 homes and a total 433,195 housing units, Delaware saw a total 74 foreclosure filings, down from 76 in April. With only three counties in the state, the counties with the most foreclosures per housing unit were (from highest to lowest): New Castle, Kent, and Sussex.

1. Nevada

Ranking 34th in population, Nevada took the top spot with the highest foreclosure rate of one in every 5,535 homes. With a total 1,250,893 housing units, the state had 226 foreclosure filings in May. The counties with the most foreclosures per housing unit were (from highest to lowest): Lincoln, Clark, Nye, Carson City, and Lyon.

The Takeaway

Of all 50 states, California had the highest number of foreclosures (1,529) and South Dakota had the lowest (2). The South region had the largest presence among the ten states that ranked the highest for foreclosure rates. These states were (from highest to lowest): Delaware, Florida, South Carolina, and Oklahoma. The West region had the largest presence among the ten states that ranked the lowest for foreclosure rates. These states were (from highest to lowest): Oregon, Colorado, Montana, and Idaho.

Looking to buy a home? SoFi offers competitive rates, exclusive member discounts, and guidance from mortgage loan officers and member specialists.

Discover more about home loans at SoFi.


SoFi Loan Products
SoFi loans are originated by SoFi Lending Corp. or an affiliate (dba SoFi), a lender licensed by the Department of Financial Protection and Innovation under the California Financing Law, license # 6054612; NMLS # 1121636 . For additional product-specific legal and licensing information, see SoFi.com/legal.

SoFi Home Loans
Terms, conditions, and state restrictions apply. SoFi Home Loans are not available in all states. See SoFi.com/eligibility for more information.

External Websites: The information and analysis provided through hyperlinks to third party websites, while believed to be accurate, cannot be guaranteed by SoFi. Links are provided for informational purposes and should not be viewed as an endorsement.
SOHL0721000

All your finances.
All in one app.

SoFi QR code, Download now, scan this with your phone’s camera

All your finances.
All in one app.

App Store rating

SoFi iOS App, Download on the App Store
SoFi Android App, Get it on Google Play

TLS 1.2 Encrypted
Equal Housing Lender