Foreclosure Real Estate Market in Columbiana County, Ohio
Columbiana County, Ohio, offers valuable opportunities for those interested in foreclosure properties. As of mid-2024, the median home price in Columbiana County is approximately $158,000, reflecting a slight year-over-year increase. Foreclosure properties often provide chances to purchase homes below market value. Homes typically spend around 45 days on the market, indicating a moderately active market. Recent sales, including foreclosures, range from $75,000 to $463,000, showcasing diverse investment opportunities.
Economic Overview
The economy of Columbiana County is driven by sectors such as manufacturing, agriculture, and small businesses. The unemployment rate in Columbiana County is about 4.5%, which is close to the national average. The median household income in Columbiana County is approximately $50,000, reflecting the region's mixed urban and rural character.
Demographic Profile
Columbiana County has a population of around 105,000 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 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 Columbiana County is served by several public school districts, including Columbiana Exempted Village Schools and Beaver Local Schools. The county's educational attainment is comparable to the state average, with about 87% of residents having a high school diploma and around 18% holding a bachelor’s degree or higher. Schools in the area, such as A. T. Allison Elementary and Beaver Local Middle School, generally receive good ratings, reflecting efforts to maintain strong educational standards.
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