Is Logan County, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Logan County has remained a Seller's Market.
Housing Prices in Logan County, OK
How much do homes in Logan County, OK cost?
Median Sold Price
$250,000
$149/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Logan County was $250,000 in May 2024, down 1.7% from last year, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $45K | $85K | +88.9% |
2 Bedrooms | $112K | $148.5K | +32.6% |
3 Bedrooms | $245K | $243.1K | -0.8% |
4 Bedrooms | $314.8K | $325K | +3.2% |
5+ Bedrooms | $350.1K | $319K | -8.9% |
Summary: Logan County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 88.9%, 2 bedroom homes increased by 32.6%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes decreased by 8.9%.
Median Sold Price Compared To Nearby Counties
Oklahoma County | $250K | $254.6K | +1.9% |
Kingfisher County | $242.5K | $245K | +1.0% |
Lincoln County | $162.5K | $161.2K | -0.8% |
Logan County | $254.2K | $250K | -1.7% |
Payne County | $212K | $205K | -3.3% |
Housing Supply in Logan County, OK
How many homes are available in Logan County, OK?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
197 | 205 | +4.1% |
Summary: The Logan County real estate market had 205 homes for sale in May 2024, a 4.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 19 | 16 | -15.8% |
3 Bedrooms | 109 | 121 | +11.0% |
4 Bedrooms | 58 | 51 | -12.1% |
5+ Bedrooms | 10 | 15 | +50.0% |
Summary: The Logan County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 15.8%, 3 bedroom homes increased by 11%, 4 bedroom homes decreased by 12.1%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
36 | 35 | -2.8% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 35 homes were sold or pending in Logan County in May 2024, down by 2.8% month-over-month. Of the 35 sold homes, 51% were sold under asking, 31% were sold at asking, and 17% were sold over asking.
Days on Market for Logan County, OK
How long does it take to sell a home in Logan County, OK?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
31 Days | 54 Days | +72.9% |
Summary: Homes in Logan County had an average of 54 days on market in May 2024, up by 72.9% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During May 2024, 35 homes were sold in Logan County; 54% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.