Henry County Foreclosures

Foreclosure Real Estate Market in Henry County, Ohio

Henry County, Ohio, offers promising opportunities for those interested in foreclosure properties. As of mid-2024, the median home price in Henry County is approximately $179,900, reflecting a slight year-over-year decrease. Foreclosure properties often provide chances to purchase homes below market value. Homes typically spend around 35 days on the market, indicating a relatively active market. Recent sales, including foreclosures, range from $110,000 to $229,900, showcasing diverse investment opportunities.

Economic Overview

The economy of Henry County is driven by sectors such as manufacturing, agriculture, and small businesses. The unemployment rate in Henry County is about 4.5%, which is close to the national average. The median household income in Henry County is approximately $58,000, reflecting the region's mixed urban and rural character.

Demographic Profile

Henry County has a population of around 27,000 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 Henry County is served by several public school districts, including Liberty Center Local Schools and Patrick Henry 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 18% holding a bachelor’s degree or higher. Schools in the area, such as Liberty Center Elementary and Patrick Henry Middle School, generally receive moderate ratings, reflecting ongoing efforts to maintain strong educational standards.