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Foreclosure Homes in Groesbeck, OH

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Top Reasons To Live In Groesbeck, OH In 2024

Groesbeck is located in Hamilton, Ohio, with an estimated municipal population of 7,038 residents. All of the best foreclosed homes for sale in Groesbeck are located in the following zip code areas on Foreclosure.com: 45247 45251 45239. The estimated population per square kilometer (.62 miles) in Groesbeck is 943.


Cost Of Living In Groesbeck, OH

So, about how much do homes cost in Groesbeck? The most recent median value of resident-owned homes in Groesbeck is 137,858. An estimated 78.5 percent of households in Groesbeck own their homes, with an average family size of 2.98. The median household income in Groesbeck is 69,245, with28.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Groesbeck, the median commute time of resident workers (in minutes) is 24.5. And last, but certainly not least, are you looking for homes to rent in Groesbeck? If so, the average rent price paid by renters in Groesbeck is 943, according to recent statistics.


Diversity And Demographics In Groesbeck, Ohio

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Groesbeck, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Groesbeck is 39.7, split between 44.2 percent male versus 55.8 female. The percentage of residents who report being married in Groesbeck is 51.7, with an average family size of 2.98.

The percentage of residents who report their race in Groesbeck is as follows:

White 73.6%
Black / African American 20.9%
Asian 0.2%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 4.9%
Other 0.4%

Looking for family-friendly neighborhoods in and/or near Groesbeck? Or maybe you are searching for 55+ active adult communities in and/or near Groesbeck?

The percentage of residents who report their age in Groesbeck is as follows:

Under 10 11.9%
Aged 10-19 14.1%
20s 9.2%
30s 16.2%
40s 11%
50s 14.5%
60s 14%
70s 4.6%
80+ 4.6%

Best Schools In Groesbeck, Ohio

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Groesbeck with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Groesbeck.


Pros And Cons Of Living In Groesbeck, Ohio

How do you know that living in -- or moving to -- Groesbeck is right where you need to be? Perhaps you grew up in Groesbeck or already live nearby; therefore, the decision to buy a home in Groesbeck is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Groesbeck for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Groesbeck:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Groesbeck.


Reasons To Move To Groesbeck, Ohio, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Groesbeck can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Groesbeck, meanwhile, can field multiple offers from more qualified buyers.

Groesbeck, OH Foreclosures


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