Foreclosure Real Estate Market in Carroll County, Ohio
Carroll County, Ohio, offers promising opportunities for those interested in foreclosure properties. As of mid-2024, the median home price in Carroll County is approximately $200,000, reflecting a slight year-over-year increase. Foreclosure properties often provide chances to purchase homes below market value. Homes typically spend around 65 days on the market, indicating a moderately active market. Recent sales, including foreclosures, range from $20,000 to $535,000, showcasing diverse investment opportunities.
Economic Overview
The economy of Carroll County is supported by agriculture, manufacturing, and small businesses. The unemployment rate is approximately 4.8%, which is close to the national average. The median household income in Carroll County is around $50,000, reflecting the region's mixed urban and rural character.
Demographic Profile
Carroll County has a population of around 27,000 people. The demographic composition is predominantly White (about 97%), with a stable population size over recent years. The median age is approximately 43 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 Carroll County is served by several public school districts, including Carrollton Exempted Village Schools and Brown 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 John E. Gregg Elementary and Malvern Elementary, generally receive moderate ratings, reflecting ongoing efforts to improve educational outcomes.
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