Is Licking, MO 65542 a buyer’s or seller’s market?
Licking is a seller’s market. With about 3 months of supply and 7% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Licking housing market right now
In the three months ending August 31, 2026, 7% of homes in Licking, MO 65542 sold above their list price, the typical home went under contract in 75 days and there were 3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 14 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold more slowly (21 days then) and the median sale price rose 25% to $239,896. Overall, Licking is less competitive than a year ago, which gives buyers more room.
Within Texas County, homes here sell more slowly than in 56% of the county’s ZIP codes, and sell more often over asking than in 78%.
Nearby, buyers who want less competition could look at Summersville 65571 (0% sold over asking) or Success 65570 (0% sold over asking), while Plato 65552 (10% sold over asking) is even more competitive.
Run the numbers for 65542
Nearby markets
Bucyrus 65444Balanced $210 /sq ftCabool 65689Buyer’s market $110 /sq ftElk Creek 65464Seller’s market $137 /sq ftHouston 65483Balanced $143 /sq ft Browse all markets →Towns like Licking nearby
Find towns like Licking in other states →Where Licking is
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Questions about Licking real estate
Is Licking a buyer’s or seller’s market?
A seller’s market: there were 3 months of supply in Licking, MO 65542 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Licking?
The typical home went under contract in 75 days in the latest three months.
Do homes in Licking sell over asking?
7% of homes sold above their original list price, and the typical sale closed at 96.8% of the list price.
What are property taxes in Licking?
About 0.49% of a home’s value a year in Texas County, or roughly $1,960 on a $400,000 home.
What is the median home price in Licking?
The median sale price was $239,896 in the three months ending August 31, 2026, about $115 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology