Is Licking Township, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Licking Township is a buyer's market

Buyer's
Market

Difference Since October 2021

At the same time last year, Licking Township was a Seller's Market.

Key Takeaway

Licking Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Licking Township, OH cost?

Median Sold Price

$327,000

$176/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$32,000(+10.8%)

Key Takeaway

Homes in Licking Township have sold for 10.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $189.5K-
N/A
2 $259.6K$427.4K
+64.6%
3 $252.4K$239.4K
-5.1%
4 $337.5K$417.5K
+23.7%
5+ $511.2K$430K
-15.9%

Median Sold Price Compared To Nearby Cities

Hebron
+27.8%
Licking Township
+10.8%
Heath
+9.4%
Union Township
+4.2%

How many homes are available in Licking Township, OH?

Number of Homes For Sale

Sep 2022Oct 2022%
2318-21.7%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 00
0.0%
2 33
0.0%
3 129
-25.0%
4 75
-28.6%
5+ 11
0.0%

Number of Homes Sold

Sep 2022Oct 2022%
112-81.8%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Licking Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Average Sale Time

Oct 2021Oct 2022%
16 Days10 Days-34.4%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Licking Township are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Licking Township, OH

Number of homes for sale in Licking Township, OH real estate market have reached 18. The number of listings in Licking Township, OH decreased by 21.7% between September 2022 and October 2022. In October 2022 median list price was $327,000 and the average listing age was 10 days. This housing market listing prices have changed between September 2022 and October 2022: 1 bedroom properties prices increased by 0%, 2 bedrooms properties became 64.6% more expensive, prices of 3 bedrooms properties decreased by 5.1%, the cost of 4 bedrooms properties went up by 23.7%, prices of 5 bedrooms properties decreased by 15.9%. Volume of homes for sale in this real estate market have seen the following changes: volume of 1 bedroom homes stayed the same, 2 bedrooms homes inventory did not change, volume of 3 bedrooms homes went down by 25%, 4 bedrooms homes became 28.6% less available, 5 bedrooms homes did not move. Over 2 listings were sold over their listed price in October 2022 in Licking Township, OH. In the same period over 0 listings were sold below the listed price and 0 listings were sold for the listed price.

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