Ashland County Foreclosures

Foreclosure Real Estate Market in Ashland County, Ohio

Ashland County, Ohio, offers intriguing opportunities for those interested in foreclosure properties. As of mid-2024, the median home price in Ashland County is approximately $199,900, reflecting a 2.3% increase from the previous year. Foreclosure properties can often be acquired below market value, providing potential for significant investment returns. Homes typically spend around 30 days on the market, suggesting a dynamic and active market. Recent sales, including foreclosures, have ranged widely, reflecting diverse investment opportunities.

Economic Overview

The economy of Ashland County is supported by manufacturing, agriculture, and education sectors. The unemployment rate is about 3.8% as of early 2024, which is below the national average. The median household income in Ashland County is approximately $55,000, which is slightly below the national median. This economic profile highlights the mixed urban and rural character of the region.

Demographic Profile

Ashland County has a population of around 52,000 people. The demographic composition is predominantly White (about 96%), with a stable population size over recent years. The median age is approximately 42 years, indicating a mature population. This demographic structure influences the demand for various types of housing and services, including healthcare and retirement facilities.

Educational Standing

Education in Ashland County is served by multiple public school districts, including Ashland City Schools and Crestview Local Schools. The county's educational attainment is on par with the state average, with about 85% of residents having a high school diploma and around 18% holding a bachelor’s degree or higher. Schools in the area, such as Ashland High School and Crestview High School, generally receive good ratings, reflecting efforts to maintain strong educational standards.