Foreclosure Real Estate Market in Montgomery County, Ohio
Montgomery County, Ohio, offers valuable opportunities for those interested in foreclosure properties. As of mid-2024, the median home price in Montgomery County is approximately $200,000, reflecting an 11.1% year-over-year increase. Foreclosure properties often provide chances to purchase homes below market value. Homes typically spend around 42 days on the market, indicating a moderately active market. Recent sales, including foreclosures, range from $69,900 to $320,000, showcasing diverse investment opportunities.
Economic Overview
The economy of Montgomery County is driven by sectors such as healthcare, education, and manufacturing. The unemployment rate in Montgomery County is about 4.1%, which is close to the national average. The median household income in Montgomery County is approximately $56,000, reflecting the region's mixed urban and suburban character.
Demographic Profile
Montgomery County has a population of around 531,000 people. The demographic composition is diverse, with significant representation from various ethnic groups. The median age is approximately 39 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 Montgomery County is served by several public school districts, including Dayton Public Schools and Kettering City Schools. The county's educational attainment is higher than the state average, with about 89% of residents having a high school diploma and around 29% holding a bachelor’s degree or higher. Schools in the area, such as Prass Elementary and Indian Riffle Elementary, generally receive good ratings, reflecting efforts to maintain strong educational standards.
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.