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

$653,500

$299/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$162,000(+33.0%)

Key Takeaway

Homes in Fort Logan have sold for 33% more than they did a month ago.

Summary: The median home sold price in Fort Logan was $653,500 in October 2024, up 33% from last month, and the median price per square foot was $299.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $188K-
N/A
2 $365K$252K
-31.0%
3 $483K$689.2K
+42.7%
4 $660K$619K
-6.2%
5+ $905K$1.3M
+53.0%

Summary: Fort Logan housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 31%, 3 bedroom homes increased by 42.7%, 4 bedroom homes decreased by 6.2%, and 5+ bedroom homes increased by 53%.

Housing Supply in Fort Logan, CO

How many homes are available in Fort Logan, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4853+10.4%

Summary: The Fort Logan real estate market had 53 homes for sale in October 2024, a 10.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 42
-50.0%
2 812
+50.0%
3 1617
+6.3%
4 1013
+30.0%
5+ 109
-10.0%

Summary: The Fort Logan housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 30%, and 5+ bedroom homes decreased by 10%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
129-25.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 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. 55.6% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Fort Logan in October 2024, down by 25.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 22% were sold at asking, and 22% 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

Sep 2024Oct 2024CHANGE
36 Days35 Days-3.6%

Summary: Homes in Fort Logan had an average of 35 days on market in Oct 2024, down by 3.6% compared to last month.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Fort Logan are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 9 homes were sold in Fort Logan; 56% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 11% 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 16 Days Ago

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