Fairfield County Foreclosures

Foreclosure Real Estate Market in Fairfield County, Ohio

Fairfield County, Ohio, presents promising opportunities for those interested in foreclosure properties. As of mid-2024, the median home price in Fairfield County is approximately $328,800, reflecting a year-over-year increase of 6.1%. Foreclosure properties often provide chances to purchase homes below market value. Homes typically spend around 31 days on the market, indicating a highly active market. Recent sales, including foreclosures, range from $115,000 to $357,000, showcasing diverse investment opportunities.

Economic Overview

The economy of Fairfield County is driven by sectors such as healthcare, education, and manufacturing. The unemployment rate in Fairfield County is about 3.7%, which is lower than the national average. The median household income in Fairfield County is approximately $78,000, reflecting the region's strong economic base and relatively affluent character.

Demographic Profile

Fairfield County has a population of around 161,000 people. The demographic composition is predominantly White (about 88%), with a stable population size over recent years. The median age is approximately 38 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 Fairfield County is served by several public school districts, including Lancaster City Schools and Pickerington Local Schools. The county's educational attainment is higher than the state average, with about 91% of residents having a high school diploma and around 32% holding a bachelor’s degree or higher. Schools in the area, such as Fairfield Union High School and Pickerington High School Central, generally receive good ratings, reflecting efforts to maintain strong educational standards.