The story of this market
The typical home in ZIP 65542 sells for about $215,000, or $138 per square foot.
Prices are up +4.2% from a year ago, so sellers still have some momentum. Homes take about 84 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $728 a month.
ZIP 65542 — Licking
The housing market in 65542 remains stable with low inventory and modest price appreciation. Market activity is driven by local demand for affordable rural housing, though limited supply keeps sales volume low. No major developments are currently impacting the market trajectory.
This ZIP is best suited for families and individuals seeking affordable rural living, outdoor enthusiasts, and those who prefer a quiet, small-town environment.
Median prices moved up 4.2% year over year.
Homes spend a median of 84 days on market with 8.0 months of supply — a slower-moving market.
13% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 8.8% · poverty 20.2% — a mixed stability profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 65542, Texas County MO
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in Licking are generally low and consistent with rural Missouri averages, with property crime being the primary concern.
The area is served by the Licking R-VIII School District, which provides standard public education for the rural community.
The region faces moderate risks from severe thunderstorms and occasional flooding near low-lying areas, with standard insurance coverage recommended.
Economic growth is modest and driven primarily by local agriculture, small businesses, and regional services in Texas County.
Property taxes are assessed at the county level by Texas County, with rates determined by local school district and municipal levies.
Commutes are primarily by private vehicle, with residents often traveling to nearby towns like Rolla or Houston for employment.
The area offers access to the Mark Twain National Forest, providing extensive opportunities for hiking, fishing, and outdoor recreation.
The rental market is limited with low turnover, primarily serving local workers and those seeking affordable rural housing.
The local economy is anchored by agriculture, timber, and small-scale manufacturing, with limited industrial diversification.
Transportation is almost exclusively reliant on personal vehicles, with no public transit infrastructure available.
There are no major large-scale commercial or residential developments currently approved or under construction in this ZIP.
The Texas County Assessor manages property valuations, which are updated periodically based on market trends and property improvements.
Parcels are subject to local school district taxes and county-level levies for emergency services and road maintenance.
Property insurance premiums are generally stable but can be influenced by regional wildfire and storm risk assessments.
Data retrieved from Census Bureau ZCTA-level tables.
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.
Large public land area offering extensive trails and outdoor recreation.
Popular destination for fishing, floating, and canoeing.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.