What is the median home value in Madison Township (Licking County), OH?

The median value of owner-occupied homes in Madison Township (Licking County), OH is $270,300 (±$32,342), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Madison Township (Licking County), the median home value went from $162,400 in 2015–2019 to $270,300 in 2020–2024 (+66.4%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on .

Median home value
$270,300 (±$32,342)
Owner-occupied homes
979 (±201)
Most common range
$200,000 to $299,999

Home values in Madison Township (Licking County)

Owner-occupied homes by value, 2020–2024
ValueMadison Township (Licking County)Licking CountyOhioUnited States
Less than $50,0004.9% (±6.2 points)5.5%6.3%5.3%
$50,000 to $99,9991.6% (±1.9 points)4.6%10.0%6.1%
$100,000 to $149,9993.1% (±3.2 points)7.3%13.4%6.8%
$150,000 to $199,99916.3% (±7.7 points)11.8%16.3%9.0%
$200,000 to $299,99933.7% (±11.8 points)26.3%23.3%17.8%
$300,000 to $499,99923.5% (±8.5 points)31.1%21.8%26.9%
$500,000 to $999,99914.6% (±7.6 points)11.4%7.7%20.9%
$1,000,000 or more2.2% (±3.3 points)2.0%1.2%7.1%

The most common range is $200,000 to $299,999, 33.7% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Madison Township (Licking County) against Licking County, its state and the nation

Estimate (90% margin of error)
Madison Township (Licking County)Licking CountyOhioUnited States
Median home value$270,300 (±$32,342)$275,200 (±$5,562)$214,800 (±$742)$332,700
Owner-occupied homes979 (±201)50,603 (±1,013)3,267,904 (±16,882)84,210,142

In Madison Township (Licking County), the median home value is not measurably different from Licking County ($275,200).

It is also higher than in Ohio ($214,800).

It is lower than the national figure ($332,700).

In Licking County, Madison Township (Licking County) ranks 22 of 43 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 415 of 2,341.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Madison Township (Licking County) have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$162,400 (±$10,666)$270,300 (±$32,342)+66.4%Up after inflation
Median owner cost with a mortgage$1,322 (±$130)$1,769 (±$330)+33.8%No measurable change after inflation
Median real estate taxes$1,885 (±$253)$2,917 (±$415)+54.7%Up after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Madison Township (Licking County)

Nearest places with a published estimate, compared with Madison Township (Licking County)
PlaceDistanceMedian home valueCompared with this place
Madison Township (Licking County)—$270,300 (±$32,342)—
Hanover3.2 mi$237,300 (±$29,602)Not measurably different
Newark4.8 mi$192,300 (±$8,443)Lower
Mary Ann Township4.9 mi$127,800 (±$126,583)Lower
Hanover Township (Licking County)5.2 mi$256,500 (±$28,623)Not measurably different
Franklin Township (Licking County)5.4 mi$282,700 (±$53,242)Not measurably different
Heath6.5 mi$235,700 (±$11,795)Lower
Newark Township6.6 mi$236,900 (±$24,021)Not measurably different
Perry Township (Licking County)6.8 mi$217,800 (±$131,357)Not measurably different

Nearby places with a measurably lower figure: Newark, OH ($192,300), Mary Ann Township, OH ($127,800), Heath, OH ($235,700).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Licking County, place by place

RankPlaceMedian home value
16Licking Township (Licking County)$318,400 (±$44,285)
17Pataskala$314,500 (±$15,203)
18Union Township (Licking County)$311,000 (±$54,345)
19Burlington Township$303,800 (±$219,536)
20Etna Township$299,800 (±$13,484)
21Franklin Township (Licking County)$282,700 (±$53,242)
22Madison Township (Licking County)$270,300 (±$32,342)
23Etna$266,100 (±$65,359)
24Hanover Township (Licking County)$256,500 (±$28,623)
25Alexandria$253,300 (±$30,288)
26Hopewell Township (Licking County)$247,300 (±$190,599)
27Hanover$237,300 (±$29,602)
28Newark Township$236,900 (±$24,021)

Showing 13 of 43 places in Licking County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Madison Township (Licking County)

What is the average home value in Madison Township (Licking County), OH?

The Census Bureau publishes the median: $270,300 (±$32,342) for owner-occupied homes in Madison Township (Licking County) (2020–2024 American Community Survey).

Have home values in Madison Township (Licking County) gone up?

In Madison Township (Licking County), the median home value went from $162,400 in 2015–2019 to $270,300 in 2020–2024 (+66.4%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Is this what homes in Madison Township (Licking County) sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Madison township, Licking County, Ohio (county subdivision:46508, in state:39 county:089).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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