Foreclosure Real Estate Market in Brown County, Ohio
Brown County, Ohio, offers valuable opportunities for those interested in foreclosure properties. As of mid-2024, the median home price in Brown County is approximately $165,900, reflecting a steady market trend. Foreclosure properties often allow investors to purchase homes below market value. Homes typically spend around 61 days on the market, indicating a moderately active market. Recent sales, including foreclosures, range from $17,000 to $635,000, showcasing diverse investment opportunities.
Economic Overview
The economy of Brown County is supported by agriculture, manufacturing, and small businesses. The unemployment rate is approximately 4.6%, aligning closely with the national average. The median household income in Brown County is approximately $52,000, reflecting the mixed urban and rural character of the region.
Demographic Profile
Brown County has a population of around 44,000 people. The demographic composition is predominantly White (about 97%), with a stable population size over recent years. The median age is approximately 41 years, indicating a balanced age distribution. This demographic structure influences the demand for various types of housing and services, including family-oriented facilities and healthcare.
Educational Standing
Education in Brown County is served by several public school districts, including Western Brown Local Schools and Eastern Local Schools. The county's educational attainment is comparable to the state average, with about 88% of residents having a high school diploma and around 15% holding a bachelor’s degree or higher. Schools in the area, such as Lynchburg-Clay Elementary and Sardinia Elementary, generally receive good ratings, reflecting efforts to maintain strong educational standards.
Unlock your foreclosure investing potential today!
Sign up for a free account in as little as a minute, or connect with our team to see how we can help you achieve your foreclosure investing goals.