Foreclosure Real Estate Market in Hardin County, Ohio
Hardin County, Ohio, presents promising opportunities for those interested in foreclosure properties. As of mid-2024, the median home price in Hardin County is approximately $173,049, reflecting a 5.4% year-over-year increase. Foreclosure properties often provide chances to purchase homes below market value. Homes typically spend around 52 days on the market, indicating a moderately active market. Recent sales, including foreclosures, range from $60,000 to $429,000, showcasing diverse investment opportunities.
Economic Overview
The economy of Hardin County is driven by sectors such as manufacturing, agriculture, and small businesses. The unemployment rate in Hardin County is about 4.5%, which is close to the national average. The median household income in Hardin County is approximately $51,000, reflecting the region's mixed urban and rural character.
Demographic Profile
Hardin County has a population of around 31,000 people. The demographic composition is predominantly White (about 96%), with a stable population size over recent years. The median age is approximately 40 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 Hardin County is served by several public school districts, including Kenton City Schools and Ada Exempted Village 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 Kenton Elementary and Ada Elementary, generally receive moderate ratings, reflecting ongoing efforts to maintain strong educational standards.
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