Scioto County Foreclosures

Foreclosure Real Estate Market in Scioto County, Ohio

Scioto County, Ohio, offers valuable opportunities for those interested in foreclosure properties. As of mid-2024, the median home price in Scioto County is approximately $174,500, reflecting a year-over-year increase of 34.7%. Foreclosure properties often provide chances to purchase homes below market value. Homes typically spend around 197 days on the market, indicating a moderately active market. Recent sales, including foreclosures, range from $50,000 to $549,900, showcasing diverse investment opportunities.

Economic Overview

The economy of Scioto County is driven by sectors such as healthcare, manufacturing, and education. The unemployment rate in Scioto County is about 5.3%, which is slightly higher than the national average. The median household income in Scioto County is approximately $45,000, reflecting the region's mixed urban and rural character.

Demographic Profile

Scioto County has a population of around 75,000 people. The demographic composition is predominantly White (about 92%), with African Americans and other ethnic groups making up the rest. 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 Scioto County is served by several public school districts, including Portsmouth City Schools and Minford 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 Portsmouth High School and Minford Elementary, generally receive moderate ratings, reflecting efforts to maintain strong educational standards.