Foreclosure Real Estate Market in Noble County, Ohio
Noble County, Ohio, offers promising opportunities for those interested in foreclosure properties. As of mid-2024, the median home price in Noble County is approximately $184,000, reflecting a stable market trend. Foreclosure properties often provide chances to purchase homes below market value. Homes typically spend around 87 days on the market, indicating a moderately active market. Recent sales, including foreclosures, range from $85,000 to $389,900, showcasing diverse investment opportunities.
Economic Overview
The economy of Noble County is driven by sectors such as manufacturing, agriculture, and small businesses. The unemployment rate in Noble County is about 4.2%, which is close to the national average. The median household income in Noble County is approximately $45,000, reflecting the region's mixed urban and rural character.
Demographic Profile
Noble County has a population of around 14,500 people. The demographic composition is predominantly White (about 97%), with a stable population size over recent years. The median age is approximately 44 years, indicating a mature population. This demographic structure influences the demand for various types of housing and services, including healthcare and retirement facilities.
Educational Standing
Education in Noble County is served by several public school districts, including Caldwell Exempted Village Schools and Noble Local Schools. The county's educational attainment is comparable to the state average, with about 86% of residents having a high school diploma and around 13% holding a bachelor’s degree or higher. Schools in the area, such as Shenandoah Elementary and Caldwell Elementary, generally receive moderate ratings, reflecting efforts to maintain strong educational standards.
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