The housing market in Licking, OH County is strong and on the rise. The median value of homes in the county is $271,800, which is lower than the US median value of $338,100. Furthermore, while the US has an average 1 year house appreciation rate of 8.27%, Licking County's rate stands at 12.78%. This higher appreciation rate indicates that the market is growing more quickly here than nationally. All of this suggests that now may be a great time to invest in the real estate market in Licking County.
The median home cost in Licking County is $271,800. Home appreciation the last 10 years has been 102.9%. Home Appreciation in Licking County is up 19.8%.
Average Age of Homes
- The median age of Licking County real estate is 41 years old
The Rental Market in Licking County
- Renters make up 25.3% of the Licking County population
- 1.6% of houses and apartments in Licking County, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.