Is Logan County, OH 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, OH
How much do homes in Logan County, OH cost?
Median Sold Price
$239,950
$160/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 $239,950 in May 2024, up 6.6% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $116.1K | $22K | -81.1% |
2 Bedrooms | $165K | $195K | +18.2% |
3 Bedrooms | $237.5K | $240K | +1.1% |
4 Bedrooms | $277.5K | $305K | +9.9% |
5+ Bedrooms | $330K | $284.9K | -13.7% |
Summary: Logan County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 81.1%, 2 bedroom homes increased by 18.2%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 9.9%, and 5+ bedroom homes decreased by 13.7%.
Median Sold Price Compared To Nearby Counties
Logan County | $225K | $239.9K | +6.6% |
Hardin County | $157.2K | $165K | +4.9% |
Union County | $315.4K | $328.1K | +4.0% |
Champaign County | $220.9K | $218.9K | -0.9% |
Shelby County | $187.5K | $184K | -1.9% |
Housing Supply in Logan County, OH
How many homes are available in Logan County, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
100 | 104 | +4.0% |
Summary: The Logan County real estate market had 104 homes for sale in May 2024, a 4.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 3 | +100.0% |
2 Bedrooms | 22 | 17 | -22.7% |
3 Bedrooms | 55 | 52 | -5.5% |
4 Bedrooms | 20 | 26 | +30.0% |
5+ Bedrooms | 3 | 6 | +100.0% |
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 22.7%, 3 bedroom homes decreased by 5.5%, 4 bedroom homes increased by 30%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
29 | 29 | 0.0% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 29 homes were sold or pending in Logan County in May 2024, the same as the previous month. Of the 29 sold homes, 45% were sold under asking, 21% were sold at asking, and 34% were sold over asking.
Days on Market for Logan County, OH
How long does it take to sell a home in Logan County, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
40 Days | 32 Days | -18.2% |
Summary: Homes in Logan County had an average of 32 days on market in May 2024, down by 18.2% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 29 homes were sold in Logan County; 76% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.