Foreclosure Real Estate Market in Clark County, Ohio
Clark County, Ohio, presents promising opportunities for those interested in foreclosure properties. As of mid-2024, the median home price in Clark County is approximately $199,000, reflecting a year-over-year increase of 17.1%. Foreclosure properties often provide chances to purchase homes below market value. Homes typically spend around 35 days on the market, indicating a highly active market. Recent sales, including foreclosures, range from $45,000 to $367,000, showcasing diverse investment opportunities.
Economic Overview
The economy of Clark County is driven by manufacturing, healthcare, and education sectors. The unemployment rate is approximately 4.5%, which is close to the national average. The median household income in Clark County is around $54,000, reflecting the region's mixed urban and rural character.
Demographic Profile
Clark County has a population of around 135,000 people. The demographic composition is predominantly White (about 87%), with a diverse age distribution. The median age is approximately 40 years, indicating a balanced population. This demographic structure influences the demand for various types of housing and services, including family-oriented facilities and healthcare.
Educational Standing
Education in Clark County is served by several public school districts, including Springfield City Schools and Northeastern 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 Donnelsville Elementary and Fairborn Intermediate School, generally receive good ratings, reflecting efforts to maintain strong educational standards.
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