Foreclosure Real Estate Market in Jefferson County, Ohio
Jefferson County, Ohio, presents valuable opportunities for those interested in foreclosure properties. As of mid-2024, the median home price in Jefferson County is approximately $119,000, reflecting a stable market trend. 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 $85,000 to $200,000, showcasing diverse investment opportunities.
Economic Overview
The economy of Jefferson County is driven by sectors such as manufacturing, healthcare, and small businesses. The unemployment rate in Jefferson County is about 5.2%, which is slightly higher than the national average. The median household income in Jefferson County is approximately $47,000, reflecting the region's mixed urban and rural character.
Demographic Profile
Jefferson County has a population of around 65,000 people. The demographic composition is predominantly White (about 91%), 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 Jefferson County is served by several public school districts, including Steubenville City Schools and Indian Creek Local Schools. The county's educational attainment is comparable to the state average, with about 89% of residents having a high school diploma and around 18% holding a bachelor’s degree or higher. Schools in the area, such as Steubenville High School and Indian Creek High School, generally receive good ratings, reflecting efforts to maintain strong educational standards.
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