Foreclosure Real Estate Market in Gallia County, Ohio
Gallia County, Ohio, offers promising opportunities for those interested in foreclosure properties. As of mid-2024, the median home price in Gallia County is approximately $186,000, reflecting a 16.3% year-over-year increase. Foreclosure properties often provide chances to purchase homes below market value. Homes typically spend around 59 days on the market, indicating a moderately active market. Recent sales, including foreclosures, range from $55,000 to $225,000, showcasing diverse investment opportunities.
Economic Overview
The economy of Gallia County is driven by sectors such as agriculture, healthcare, and small businesses. The unemployment rate in Gallia County is about 4.4%, which is close to the national average. The median household income in Gallia County is approximately $48,000, reflecting the region's mixed urban and rural character.
Demographic Profile
Gallia County has a population of around 29,000 people. The demographic composition is predominantly White (about 95%), with a stable population size over recent years. The median age is approximately 42 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 Gallia County is served by several public school districts, including Gallipolis City Schools and Gallia County 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 15% holding a bachelor’s degree or higher. Schools in the area, such as Oak Hill Elementary and Green Elementary, generally receive good ratings, reflecting efforts to maintain strong educational standards.
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