Jackson County Foreclosures

Foreclosure Real Estate Market in Jackson County, Ohio

Jackson County, Ohio, presents valuable opportunities for those interested in foreclosure properties. As of mid-2024, the median home price in Jackson County is approximately $122,000, reflecting a significant decrease of 27.7% from the previous month. Foreclosure properties often provide chances to purchase homes below market value. Homes typically spend around 51 days on the market, indicating a moderately active market. Recent sales, including foreclosures, range from $40,000 to $429,000, showcasing diverse investment opportunities.

Economic Overview

The economy of Jackson County is driven by sectors such as manufacturing, healthcare, and small businesses. The unemployment rate in Jackson County is about 5.1%, which is close to the national average. The median household income in Jackson County is approximately $45,000, reflecting the region's mixed urban and rural character.

Demographic Profile

Jackson County has a population of around 32,000 people. The demographic composition is predominantly White (about 96%), with a stable population size over recent years. The median age is approximately 41 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 Jackson County is served by several public school districts, including Jackson City Schools and Oak Hill Union Local Schools. The county's educational attainment is comparable to the state average, with about 85% of residents having a high school diploma and around 15% holding a bachelor’s degree or higher. Schools in the area, such as Jackson High School and Oak Hill Elementary, generally receive moderate ratings, reflecting ongoing efforts to maintain strong educational standards.