Preble County Foreclosures

Foreclosure Real Estate Market in Preble County, Ohio

Preble County, Ohio, presents valuable opportunities for those interested in foreclosure properties. As of mid-2024, the median home price in Preble County is approximately $195,375, reflecting a 21.7% year-over-year increase. Foreclosure properties often provide chances to purchase homes below market value. Homes typically spend around 59 days on the market, indicating a moderately active market. Recent sales, including foreclosures, range from $126,000 to $599,500, showcasing diverse investment opportunities.

Economic Overview

The economy of Preble County is driven by sectors such as agriculture, manufacturing, and small businesses. The unemployment rate in Preble County is about 4.5%, which is close to the national average. The median household income in Preble County is approximately $59,731, reflecting the region's mixed urban and rural character and indicating a strengthening local economy.

Demographic Profile

Preble County has a population of around 41,000 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 Preble County is served by several public school districts, including Eaton Community Schools and Twin Valley Community 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 William Bruce Elementary and Twin Valley South Elementary, generally receive moderate to good ratings, reflecting efforts to maintain strong educational standards.