What are the 10 states with the highest foreclosure rates?

The number of U.S. properties with foreclosure filings in February was 25,833, according to ATTOM Data Solutions . This is up 129% from February last year.
According to this study, as of February 2022, the states with the largest foreclosure rates are as follows:

10. California
The most populated state ranked 10th for highest foreclosure rate. Of its 14,175,976 housing units, 2,927 went into foreclosure, making California’s foreclosure rate one in every 4,843 households. The counties with the most foreclosures per housing unit were (from highest to lowest): Alpine, Yuba, Trinity, Shasta, and Lake.

9. Florida
The third most populated state in the country has a total of 9,448,159 housing units, of which 2,833 went into foreclosure. That’s a foreclosure rate of one in every 3,335 homes. The counties with the most foreclosures per housing unit were (from highest to lowest): Baker, Osceola, Polk, Duval, Suwannee.

8. Indiana
The 17th largest state by population, Indiana took the eighth spot with a foreclosure rate of one in every 3,262 homes. Of its 2,886,548 homes, 885 homes were foreclosed on in February. The counties with the most foreclosures per housing unit were (from highest to lowest): Sullivan, Lake, La Porte, Madison, and Vanderburgh.

7. Delaware
The sixth least populated state in the country, Delaware ranked seventh for highest foreclosure rate. This is the same ranking the state held in January. With one in every 3,257 homes going into foreclosure and a total 433,195 housing units, Delaware saw a total of 133 foreclosure filings. With only three counties in the state, the most foreclosures per housing unit were in (from highest to lowest): Kent, New Castle, and Sussex.

6. Maryland
Ranked 19th for most populated state, Maryland took sixth place for highest foreclosure rate. With a total of 2,448,422 housing units, of which 779 housing units went into foreclosure, the state’s foreclosure rate was one in every 3,143 households. The counties with the most foreclosures per housing unit were (from highest to lowest): Caroline, Prince George’s County, Dorchester, Washington, and Baltimore City.

5. Nevada
Ranking 34th in population, Nevada took the fifth spot for foreclosure rate. With one in every 3,112 homes going into foreclosure and a total of 1,250,893 housing units, the state had 402 foreclosure filings. The counties with the most foreclosures per housing unit were (from highest to lowest): Clark, Lander, Mineral, Nye, and Washoe.

4. South Carolina
With one in every 3,001 homes going into foreclosure, South Carolina took the fourth spot. Ranked 23rd for population, South Carolina has 2,286,826 housing units and saw 762 foreclosure filings. The counties with the most foreclosures per housing unit were (from highest to lowest): Dorchester, Richland, Lexington, Kershaw, and Orangeburg.

3. Ohio
Ohio claimed the third spot in February, with a foreclosure rate of one in every 2,801 homes. With a total of 5,202,304 housing units, the seventh most populated state had a total of 1,857 filings. The counties with the most foreclosures per housing unit were (from highest to lowest): Cuyahoga, Preble, Lake, Marion, and Trumbull.

2. Illinois
Illinois remained in the top three, taking second place once again. Of its 5,360,315 homes, 2,126 went into foreclosure, making the sixth most populated state’s foreclosure rate one in every 2,521. The counties with the most foreclosures per housing unit were (from highest to lowest): Edgar, Livingston, Will, De Kalb, and Cook.

1. New Jersey
With a foreclosure rate of one in every 2,510 homes, New Jersey took the top spot for a second month in a row. The 11th most populated state has 3,616,614 housing units, of which, 1,441 went into foreclosure. The counties with the most foreclosures per housing unit were (from highest to lowest): Salem, Ocean, Burlington, Warren, and Essex.

The Takeaway
Of all 50 states, California had the most foreclosure filings (2,927); South Dakota had the least (5). As for the states with the highest foreclosure rates, New Jersey, Illinois, and Ohio took the top three spots respectively.

The Great Lakes region and the Mideast region tied for the largest presence among the 10 states that ranked the highest for foreclosure rates. The states in the Great Lakes region were (from highest to lowest): Illinois, Ohio, and Indiana. The states in the Mideast region were (from highest to lowest): New Jersey, Maryland, and Delaware.

The Plains region and the West region tied for the regions with the largest presence among the 10 states that ranked the lowest for foreclosure rates. In the Plains, these states were (from highest to lowest): Kansas, North Dakota, and South Dakota. In the West, these states were (from highest to lowest): Washington, Oregon, and Alaska.