The story of this market
The typical home in ZIP 43023 sells for about $390,000, or $178 per square foot.
Prices are up +24.2% from a year ago, so sellers still have some momentum. Homes take about 37 days to sell. HUD's fair market rent for a two-bedroom is $1,134 a month.
ZIP 43023 — Granville
The housing market in 43023 is highly competitive, characterized by significant year-over-year price appreciation and low inventory levels. Demand is being driven by the area's high quality of life and the economic momentum generated by the nearby Intel semiconductor project. Buyers are facing a fast-paced market with limited supply, keeping upward pressure on home values.
This ZIP is ideal for families and professionals seeking a high quality of life, top-tier schools, and a small-town atmosphere while remaining within commuting distance of the Columbus job market.
Median prices moved up 24.2% year over year.
Homes spend a median of 37 days on market with 1.0 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.6% · poverty 4.0% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 43023, Licking County OH
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area is served by the highly-regarded Granville Exempted Village School District, which consistently ranks among the top-performing districts in the state.
The region faces standard Midwestern climate risks, including seasonal severe thunderstorms and occasional high winds, with localized flood risks in low-lying areas near the Raccoon Creek watershed.
The area is experiencing significant growth driven by its proximity to the Intel semiconductor manufacturing site in nearby Licking County, which is spurring residential and commercial development.
Property taxes are assessed by Licking County based on market value; the area includes specific levies for the Granville school district and local township services.
Commuters primarily utilize State Route 16 to access the Columbus metropolitan employment core, with typical drive times ranging from 35 to 45 minutes.
The area features extensive outdoor amenities including the Granville Golfland, numerous local parks, and access to the T.J. Evans Trail for cycling and walking.
The rental market is characterized by low vacancy rates and high demand, driven by the area's desirability and limited multi-family housing inventory.
The local economy is anchored by education, healthcare, and a growing technology sector, significantly bolstered by the nearby Intel development.
Transportation is primarily automobile-dependent, with State Route 16 serving as the primary arterial corridor for regional access.
Development is focused on residential expansion to accommodate the influx of workers associated with the regional technology corridor.
The Licking County Auditor manages property assessments, utilizing a triennial update cycle to ensure valuations reflect current market conditions.
Parcels are subject to Granville Exempted Village School District taxes and various township-level levies.
Property insurance premiums are stable but reflect regional exposure to severe weather events common in Central Ohio.
Data retrieved from US Census Bureau ZCTA profile for 43023.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Local golf facility serving the community.
A major regional multi-use trail for recreation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.