Foreclosure Real Estate Market in Knox County, Ohio
Knox County, Ohio, offers valuable opportunities for those interested in foreclosure properties. As of mid-2024, the median home price in Knox County is approximately $250,000, reflecting a steady market trend. Foreclosure properties often provide chances to purchase homes below market value. Homes typically spend around 50 days on the market, indicating a moderately active market. Recent sales, including foreclosures, range from $100,000 to $400,000, showcasing diverse investment opportunities.
Economic Overview
The economy of Knox County is driven by sectors such as manufacturing, healthcare, and small businesses. The unemployment rate in Knox County is about 4.2%, which is close to the national average. The median household income in Knox County is approximately $55,000, reflecting the region's mixed urban and rural character.
Demographic Profile
Knox County has a population of around 62,000 people. The demographic composition is predominantly White (about 95%), 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 Knox County is served by several public school districts, including Mount Vernon City Schools and Fredericktown Local Schools. The county's educational attainment is comparable to the state average, with about 88% of residents having a high school diploma and around 20% holding a bachelor’s degree or higher. Schools in the area, such as Mount Vernon High School and East Elementary, generally receive good ratings, reflecting efforts to maintain strong educati
Unlock your foreclosure investing potential today!
Sign up for a free account in as little as a minute, or connect with our team to see how we can help you achieve your foreclosure investing goals.