Is Logansport, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Logansport is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Logansport, IN

How much do homes in Logansport, IN cost?

Median Sold Price

$164,000

$112/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$42,000(-20.4%)

Key Takeaway

Homes in Logansport have sold for 20.4% less than they did a month ago.

Summary: The median home sold price in Logansport was $164,000 in December 2024, down 20.4% from last month, and the median price per square foot was $112.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 -$55K
N/A
2 $159K$147.5K
-7.2%
3 $206K$151K
-26.7%
4 $273.5K$176.5K
-35.5%
5+ $177.5K$540K
+204.2%

Summary: Logansport housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7.2%, 3 bedroom homes decreased by 26.7%, 4 bedroom homes decreased by 35.5%, and 5+ bedroom homes increased by 204.2%.

Median Sold Price Compared To Nearby Cities

Eel Township
-11.2%
Washington Township
-18.6%
Logansport
-20.4%
Clay Township
-20.5%

Housing Supply in Logansport, IN

How many homes are available in Logansport, IN?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
76760.0%

Summary: The Logansport real estate market had 76 homes for sale in December 2024, the same as November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 1516
+6.7%
3 3639
+8.3%
4 1715
-11.8%
5+ 75
-28.6%

Summary: The Logansport housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 8.3%, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes decreased by 28.6%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
1719+11.8%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer89%11%

Key Takeaway

If you're buying a home in Logansport, you may be able to get a good deal. 89.5% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in Logansport in December 2024, up by 11.8% month-over-month. Of the 19 sold homes, 89% were sold under asking, 0% were sold at asking, and 11% were sold over asking.

Days on Market for Logansport, IN

We’re sorry, we don't have information for this market at the moment

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

Report Updated 9 Days Ago

Newest Listings in Logansport, IN

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