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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Logan County is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Logan County has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Logan County, CO

How much do homes in Logan County, CO cost?

Median Sold Price

$246,633

$148/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$9,800(+4.1%)

Key Takeaway

Homes in Logan County have sold for 4.1% more than they did a year ago.

Summary: The median home sold price in Logan County was $246,633 in November 2024, up 4.1% from last year, and the median price per square foot was $148.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $93.2K$78.5K
-15.8%
2 $180K$165K
-8.3%
3 $235K$239.9K
+2.1%
4 $275K$310K
+12.7%
5+ $400K$390.2K
-2.4%

Summary: Logan County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.8%, 2 bedroom homes decreased by 8.3%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 12.7%, and 5+ bedroom homes decreased by 2.4%.

Median Sold Price Compared To Nearby Counties

Phillips County
+17.6%
Logan County
+4.1%
Morgan County
+4.1%

Housing Supply in Logan County, CO

How many homes are available in Logan County, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
10598-6.7%

Summary: The Logan County real estate market had 98 homes for sale in November 2024, a 6.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 2824
-14.3%
3 3332
-3.0%
4 2523
-8.0%
5+ 1919
0.0%

Summary: The Logan County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 14.3%, 3 bedroom homes decreased by 3%, 4 bedroom homes decreased by 8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
21210.0%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Logan County, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in Logan County in November 2024, the same as the previous month. Of the 21 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.

Days on Market for Logan County, CO

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

Average Sale Time

Nov 2023Nov 2024CHANGE
26 Days58 Days+122.6%

Summary: Homes in Logan County had an average of 58 days on market in Nov 2024, up by 122.6% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 21 homes were sold in Logan County; 48% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 19% 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 20 Days Ago

Newest Listings in Logan County, CO

Nearby Markets to Logan County, CO

What housing markets are near Logan County, CO?