Is Logandale, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Logandale is a buyer's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Logandale was a Seller's Market.

Key Takeaway

Logandale is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Logandale, NV

How much do homes in Logandale, NV cost?

Median Sold Price

$480,000

$227/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$12,500(-2.5%)

Key Takeaway

Homes in Logandale have sold for 2.5% less than they did a year ago.

Summary: The median home sold price in Logandale was $480,000 in September 2024, down 2.5% from last year, and the median price per square foot was $227.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $395K$307.5K
-22.2%
3 $412.7K$451.2K
+9.3%
4 $540K$602.5K
+11.6%
5+ $698.5K$692.5K
-0.9%

Summary: Logandale housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 22.2%, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 11.6%, and 5+ bedroom homes decreased by 0.9%.

Median Sold Price Compared To Nearby Cities

Clark
+6.6%
Logandale
-2.5%

Housing Supply in Logandale, NV

How many homes are available in Logandale, NV?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
1718+5.9%

Summary: The Logandale real estate market had 18 homes for sale in September 2024, a 5.9% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 00
0.0%
3 67
+16.7%
4 54
-20.0%
5+ 67
+16.7%

Summary: The Logandale housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Logandale, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Logandale in September 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Logandale, NV

How long does it take to sell a home in Logandale, NV?

Average Sale Time

Sep 2023Sep 2024CHANGE
47 Days61 Days+30.9%

Summary: Homes in Logandale had an average of 61 days on market in Sep 2024, up by 30.9% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Logandale has remained consistent over time.

Summary: During September 2024, 2 homes were sold in Logandale; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 29 Days Ago

Newest Listings in Logandale, NV

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