Is Gratiot, OH 43740 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Gratiot is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Gratiot housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Licking County, OH

Population	261
Median income	$66,806
Average income	$72,982
Median home value	$128,800
Median rent	$744/month
Owner-occupied	72% of homes
Median year built	1955

Natural hazard riskExtreme heat (moderate), winter storms (moderate), hail (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 43740; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 43740

Prefilled for 43740Can I win this house?Multiple-offer likelihood for a listing Prefilled for 43740Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Alexandria 43001Seller’s market $216 /sq ft Brownsville 43721 — /sq ft Buckeye Lake 43008Seller’s market $205 /sq ft Croton 43013Balanced $205 /sq ft Browse all markets →

Where Gratiot is

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Questions about Gratiot real estate

What are property taxes in Gratiot?

About 1.22% of a home’s value a year in Licking County, or roughly $4,880 on a $400,000 home.

Local agents

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More tools for 43740

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Licking County property taxes Licking County loan limits Closing costs in Ohio Hottest ZIP codes in Ohio

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology