Is Fort Logan, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fort Logan is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Fort Logan has remained a Seller's Market.

Key Takeaway

Fort Logan is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Fort Logan, CO

How much do homes in Fort Logan, CO cost?

Median Sold Price

$430,500

$246/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$223,000(-34.1%)

Key Takeaway

Homes in Fort Logan have sold for 34.1% less than they did a month ago.

Summary: The median home sold price in Fort Logan was $430,500 in November 2024, down 34.1% from last month, and the median price per square foot was $246.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $252K$225K
-10.7%
3 $689.2K$492K
-28.6%
4 $619K$694.5K
+12.2%
5+ $1.3M$625K
-54.9%

Summary: Fort Logan housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 10.7%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes increased by 12.2%, and 5+ bedroom homes decreased by 54.9%.

Housing Supply in Fort Logan, CO

How many homes are available in Fort Logan, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
50500.0%

Summary: The Fort Logan real estate market had 50 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 24
+100.0%
2 1413
-7.1%
3 1515
0.0%
4 1110
-9.1%
5+ 88
0.0%

Summary: The Fort Logan housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 7.1%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
910+11.1%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fort Logan, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Fort Logan in November 2024, up by 11.1% month-over-month. Of the 10 sold homes, 50% were sold under asking, 30% were sold at asking, and 20% were sold over asking.

Days on Market for Fort Logan, CO

How long does it take to sell a home in Fort Logan, CO?

Average Sale Time

Oct 2024Nov 2024CHANGE
35 Days64 Days+82.3%

Summary: Homes in Fort Logan had an average of 64 days on market in Nov 2024, up by 82.3% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Fort Logan has remained consistent over time.

Summary: During November 2024, 10 homes were sold in Fort Logan; 30% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

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MLS Disclaimers and Copyright

Based on information from REColorado for the period 10/01/2024 - 12/01/2024

IDX Listings courtesy of REColorado as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Equal Housing

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Last updated on: 12/18/2024, 12:12:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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