Foreclosure Real Estate Market in Muskingum County, Ohio
Muskingum County, Ohio, offers valuable opportunities for those interested in foreclosure properties. As of mid-2024, the median home price in Muskingum County is approximately $244,900, reflecting an 11.4% year-over-year increase. Foreclosure properties often provide chances to purchase homes below market value. Homes typically spend around 45 days on the market, indicating a moderately active market. Recent sales, including foreclosures, range from $210,000 to $450,000, showcasing diverse investment opportunities.
Economic Overview
The economy of Muskingum County is driven by sectors such as manufacturing, healthcare, and education. The unemployment rate in Muskingum County is about 4.0%, which is close to the national average. The median household income in Muskingum County is approximately $55,000, reflecting the region's mixed urban and rural character.
Demographic Profile
Muskingum County has a population of around 86,000 people. The demographic composition is predominantly White (about 93%), 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 Muskingum County is served by several public school districts, including Zanesville City Schools and West Muskingum Local Schools. The county's educational attainment is comparable to the state average, with about 87% of residents having a high school diploma and around 20% holding a bachelor's degree or higher. Schools in the area, such as Maysville Elementary School and Nashport Elementary School, generally receive good ratings, reflecting efforts to maintain strong educational standards.
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