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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Logan Township is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Logan Township, OH

How much do homes in Logan Township, OH cost?

Median Sold Price

$253,500

$176/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$30,500(+13.7%)

Key Takeaway

Homes in Logan Township have sold for 13.7% more than they did a year ago.

Summary: The median home sold price in Logan Township was $253,500 in November 2024, up 13.7% from last year, and the median price per square foot was $176.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $165K$120K
-27.3%
2 $143.5K$186.9K
+30.3%
3 $234.2K$243.7K
+4.1%
4 $304.2K$355K
+16.7%
5+ $365K$883.5K
+142.1%

Summary: Logan Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 27.3%, 2 bedroom homes increased by 30.3%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 142.1%.

Median Sold Price Compared To Nearby Cities

Logan Township
+13.7%
Salem Township
+2.2%

Housing Supply in Logan Township, OH

How many homes are available in Logan Township, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1514-6.7%

Summary: The Logan Township real estate market had 14 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 11
0.0%
3 99
0.0%
4 22
0.0%
5+ 32
-33.3%

Summary: The Logan Township 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Logan Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Logan Township in November 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Logan Township, OH

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

Average Sale Time

Nov 2023Nov 2024CHANGE
33 Days242 Days+626.9%

Summary: Homes in Logan Township had an average of 242 days on market in Nov 2024, up by 626.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 3 homes were sold in Logan Township; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% 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 21 Days Ago

Newest Listings in Logan Township, OH

Nearby Markets to Logan Township, OH