Defiance County Foreclosures

Foreclosure Real Estate Market in Defiance County, Ohio

Defiance County, Ohio, presents valuable opportunities for those interested in foreclosure properties. As of mid-2024, the median home price in Defiance County is approximately $165,000, reflecting a year-over-year increase of 13.4%. Foreclosure properties often provide chances to purchase homes below market value. Homes typically spend around 57 days on the market, indicating a moderately active market. Recent sales, including foreclosures, range from $110,000 to $274,900, showcasing diverse investment opportunities.

Economic Overview

The economy of Defiance County is driven by sectors such as manufacturing, agriculture, and small businesses. The unemployment rate in Defiance County is about 4.5%, which is close to the national average. The median household income in Defiance County is approximately $51,000, reflecting the region's mixed urban and rural character.

Demographic Profile

Defiance County has a population of around 38,000 people. The demographic composition is predominantly White (about 94%), 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 Defiance County is served by several public school districts, including Defiance City Schools and Ayersville Local Schools. The county's educational attainment is comparable to the state average, with about 89% of residents having a high school diploma and around 18% holding a bachelor’s degree or higher. Schools in the area, such as Hicksville Elementary and Ayersville Elementary, generally receive good ratings, reflecting efforts to maintain strong educational standards.