Is Logan, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Logan is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Logan, OH

How much do homes in Logan, OH cost?

Median Sold Price

$255,000

$180/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$35,000(+15.9%)

Key Takeaway

Homes in Logan have sold for 15.9% more than they did a year ago.

Summary: The median home sold price in Logan was $255,000 in October 2024, up 15.9% from last year, and the median price per square foot was $180.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $165K$120K
-27.3%
2 $121K$186.9K
+54.5%
3 $225K$248.7K
+10.6%
4 $304.2K$350K
+15.0%
5+ $365K$892K
+144.4%

Summary: Logan housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 27.3%, 2 bedroom homes increased by 54.5%, 3 bedroom homes increased by 10.6%, 4 bedroom homes increased by 15%, and 5+ bedroom homes increased by 144.4%.

Housing Supply in Logan, OH

How many homes are available in Logan, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2317-26.1%

Summary: The Logan real estate market had 17 homes for sale in October 2024, a 26.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 1411
-21.4%
4 32
-33.3%
5+ 43
-25.0%

Summary: The Logan housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 21.4%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
61-83.3%

Asking Price vs. Sold Price

1 Home Was 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 Logan, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Logan in October 2024, down by 83.3% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Logan, OH

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

Average Sale Time

Oct 2023Oct 2024CHANGE
32 Days113 Days+245.0%

Summary: Homes in Logan had an average of 113 days on market in Oct 2024, up by 245% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Logan are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 1 homes were sold in Logan; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 18 Days Ago

Newest Listings in Logan, OH

Nearby Markets to Logan, OH

What housing markets are near Logan, OH?