Foreclosure Real Estate Market in Paulding County, Ohio
Paulding County, Ohio, offers valuable opportunities for those interested in foreclosure properties. As of mid-2024, the median home price in Paulding County is approximately $120,000, reflecting a stable market trend. Foreclosure properties often provide chances to purchase homes below market value. Homes typically spend around 70 days on the market, indicating a moderately active market. Recent sales, including foreclosures, range from $50,000 to $200,000, showcasing diverse investment opportunities.
Economic Overview
The economy of Paulding County is driven by sectors such as agriculture, manufacturing, and small businesses. The unemployment rate in Paulding County is about 4.5%, which is close to the national average. The median household income in Paulding County is approximately $50,000, reflecting the region's mixed urban and rural character.
Demographic Profile
Paulding County has a population of around 18,000 people. The demographic composition is predominantly White (about 97%), with a stable population size over recent years. The median age is approximately 42 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 Paulding County is served by several public school districts, including Paulding Exempted Village Schools and Wayne Trace Local Schools. The county's educational attainment is comparable to the state average, with about 85% of residents having a high school diploma and around 15% holding a bachelor’s degree or higher. Schools in the area, such as Paulding High School and Oakwood Elementary, generally receive moderate 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.