Foreclosure Real Estate Market in Hocking County, Ohio
Hocking County, Ohio, offers promising opportunities for those interested in foreclosure properties. As of mid-2024, the median home price in Hocking County is approximately $273,000, reflecting a 9.2% year-over-year increase. Foreclosure properties often provide chances to purchase homes below market value. Homes typically spend around 58 days on the market, indicating a moderately active market. Recent sales, including foreclosures, range from $126,000 to $594,000, showcasing diverse investment opportunities.
Economic Overview
The economy of Hocking County is driven by sectors such as tourism, agriculture, and small businesses. The unemployment rate in Hocking County is about 4.5%, which is close to the national average. The median household income in Hocking County is approximately $46,000, reflecting the region's mixed urban and rural character.
Demographic Profile
Hocking County has a population of around 28,000 people. The demographic composition is predominantly White (about 96%), with a stable population size over recent years. The median age is approximately 43 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 Hocking County is served by several public school districts, including Logan-Hocking School District and Nelsonville-York City 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 Logan High School and Hocking Hills Elementary, generally receive good ratings, reflecting efforts to maintain strong educational standards.
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