Foreclosure Real Estate Market in Greene County, Ohio
Greene County, Ohio, offers promising opportunities for those interested in foreclosure properties. As of mid-2024, the median home price in Greene County is approximately $299,000, reflecting a 15% year-over-year increase. Foreclosure properties often provide chances to purchase homes below market value. Homes typically spend around 33 days on the market, indicating a highly active market. Recent sales, including foreclosures, range from $150,000 to $770,000, showcasing diverse investment opportunities.
Economic Overview
The economy of Greene County is driven by sectors such as manufacturing, healthcare, and education. The unemployment rate in Greene County is about 4.1%, which is close to the national average. The median household income in Greene County is approximately $65,000, reflecting the region's mixed urban and rural character.
Demographic Profile
Greene County has a population of around 168,000 people. The demographic composition is predominantly White (about 85%), with a diverse age distribution. The median age is approximately 39 years, indicating a balanced population. This demographic structure influences the demand for various types of housing and services, including family-oriented facilities and healthcare.
Educational Standing
Education in Greene County is served by several public school districts, including Beavercreek City Schools and Fairborn City Schools. The county's educational attainment is higher than the state average, with about 91% of residents having a high school diploma and around 31% holding a bachelor’s degree or higher. Schools in the area, such as Indian Riffle Elementary and Trebein Elementary, generally receive good ratings, reflecting efforts to maintain strong educational standards.
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