Guernsey County Foreclosures

Foreclosure Real Estate Market in Guernsey County, Ohio

Guernsey County, Ohio, offers promising opportunities for those interested in foreclosure properties. As of mid-2024, the median home price in Guernsey County is approximately $164,940, reflecting a stable market trend. Foreclosure properties often provide chances to purchase homes below market value. Homes typically spend around 55 days on the market, indicating a moderately active market. Recent sales, including foreclosures, range from $37,500 to $334,300, showcasing diverse investment opportunities.

Economic Overview

The economy of Guernsey County is driven by sectors such as manufacturing, agriculture, and small businesses. The unemployment rate in Guernsey County is about 4.3%, which is close to the national average. The median household income in Guernsey County is approximately $49,000, reflecting the region's mixed urban and rural character.

Demographic Profile

Guernsey County has a population of around 39,000 people. The demographic composition is predominantly White (about 95%), with a stable population size over recent years. The median age is approximately 43 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 Guernsey County is served by several public school districts, including Cambridge City Schools and Rolling Hills 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 15% holding a bachelor’s degree or higher. Schools in the area, such as Buckeye Trail Elementary and Cambridge Intermediate, generally receive moderate ratings, reflecting efforts to maintain strong educational standards.