Clermont County Foreclosures

Foreclosure Real Estate Market in Clermont County, Ohio

Clermont County, Ohio, offers valuable opportunities for those interested in foreclosure properties. As of mid-2024, the median home price in Clermont County is approximately $324,900, reflecting an 8.7% year-over-year increase. Foreclosure properties often provide chances to purchase homes below market value. Homes typically spend around 42 days on the market, indicating a moderately active market. Recent sales, including foreclosures, range from $290,000 to $575,760, showcasing diverse investment opportunities.

Economic Overview

The economy of Clermont County is driven by sectors such as manufacturing, healthcare, and education. The unemployment rate in Clermont County is about 3.9%, which is slightly lower than the national average. The median household income in Clermont County is approximately $64,000, indicating a relatively affluent area with a robust local economy.

Demographic Profile

Clermont County has a population of around 210,000 people. The demographic composition is predominantly White (about 94%), with a stable population size over recent years. The median age is approximately 38 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 Clermont County is served by several public school districts, including West Clermont Local Schools and Milford Exempted Village 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 Felicity-Franklin Local Elementary and Milford Junior High School, generally receive good ratings, reflecting efforts to maintain strong educational standards.