Butler County Foreclosures

Foreclosure Real Estate Market in Butler County, Ohio

Butler County, Ohio, presents valuable opportunities for those interested in foreclosure properties. As of mid-2024, the median home price in Butler County is approximately $275,000, reflecting a year-over-year increase of 13.6%. Foreclosure properties can often be purchased below market value, offering significant investment potential. Homes typically spend around 34 days on the market, indicating a highly active market. Recent sales, including foreclosures, range widely from $200,000 to $575,000, showcasing diverse investment opportunities.

Economic Overview

The economy of Butler County is driven by sectors such as manufacturing, healthcare, and education. The unemployment rate in Butler County is about 3.8%, which is slightly lower than the national average. The median household income in Butler County is approximately $65,000, indicating a relatively affluent area with a robust local economy.

Demographic Profile

Butler County has a population of around 390,000 people. The demographic composition is primarily White (about 85%), with a diverse age distribution. The median age is approximately 37 years, indicating a relatively young population. This demographic structure influences the demand for various types of housing and services, including family-oriented facilities and healthcare.

Educational Standing

Education in Butler County is served by several public school districts, including Fairfield City Schools and Lakota Local Schools. The county's educational attainment is higher than the state average, with about 90% of residents having a high school diploma and around 30% holding a bachelor’s degree or higher. Schools in the area, such as Morgan Elementary and Fairfield North Elementary, generally receive good ratings, reflecting efforts to maintain strong educational standards.