Zip 65542 (Licking, MO) Housing

The housing in Licking, MO 65542 is an attractive option for potential home buyers. The median value of a house in this city is $161,000 which is significantly lower than the US median of $338,100. This makes homes in Licking more accessible to those with tight budgets. In addition, the one year appreciation rate of houses in Licking is 13.45%, much higher than the national average of 8.27%. All this adds up to make purchasing a home in Licking a great investment opportunity for prospective homeowners.

The median home cost in Licking (zip 65542) is $161,000. Home appreciation the last 10 years has been 73.2%. Home Appreciation in Licking (zip 65542) is up 17.1%.

Average Age of Homes

- The median age of Licking (zip 65542) real estate is 39 years old

The Rental Market in Licking (zip 65542)

- Renters make up 24.2% of the Licking (zip 65542) population
- 0.7% of houses and apartments in Licking (zip 65542), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Licking, Missouri	United States
	2,447.0	139,647,020.0
	43	42
	$161,000	$338,100
	17.1%	16.6%
	58.3%	57.0%
	73.2%	101.1%
	$6.04	$10.98
	$631	$2,690
	61.3%	57.4%
	15.6%	11.2%
	23.1%	31.4%
Vacant Housing
	0.7%	1.9%
	0.6%	0.4%
	0.3%	0.7%
	0.0%	0.4%
	2.5%	3.6%
	11.4%	4.1%
Value of Owner-Occupied Housing
	4.2%	2.6%
	10.7%	2.4%
	9.3%	2.8%
	15.4%	3.9%
	8.3%	4.5%
	16.1%	11.3%
	15.2%	13.0%
	7.9%	20.1%
	7.5%	13.6%
	0.9%	8.3%
	4.5%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	15.4%	13.6%
	15.4%	13.6%
	13.9%	13.6%
	14.6%	13.2%
	21.0%	14.8%
	13.9%	13.6%
	7.7%	10.0%
	6.3%	4.7%
	9.3%	12.2%

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