Why Licking County Could Be Your New Home

Home Value
The current median sale price of the average family home in Licking County is $287,000. This has grown by 17% from June last year. Now is the perfect time to jump into the market, build your dream home and watch it grow in value just by building in Licking County. 

Homes are selling fast with the majority of homes in May 2022 were sold in under 30 days. The market is hot. As Facebook and Google establish their new data centers close by, the area is growing and the county is in high demand for housing. Building your new home in Licking County in today’s market could be a great investment. Whether you are hoping to live in your new home build and watch the value grow or build and sell quickly, both avenues could return a great investment

Cost of Living
Compared to the US National Average the cost of living in Licking County sits at around 94 points. That’s 6 points lower than the national average. The cost of healthcare and transportation sit at around 15-20 points lower than the national average. This is significant. Licking county is more affordable than most counties in the area. 

Winters however, can be cold resulting in higher electricity/heating bills than other states. However despite the cost of electricity, Licking County still sits below the national average in cost of living across the board.

Location
Situated only a 30 min drive to Columbus Ohio, Licking County is a great location for those needing to work in the city but would like to be at arms distance from the hustle and bustle of city living. The average commute time in Licking County is 26 mins, slightly shorter than the US average. Cars are cheaper making it more affordable to commute into town or surrounding areas. Building your new home in Licking County means living a stones throw from the larger Ohio cities, yet being able to enjoy the distance from city living. 



Building your new home in Licking County could be a financially wise decision. Living 30 mins from a major city promises growth and stability in the housing market. Yet promises the quieter streets of the suburbs. If you would like to start the conversation about building your new home in Licking County, contact us today with any questions you may have. We specialize in custom home builds in and around Licking County, Ohio and would love to help you on your journey to building your perfect new home.