Is East Logan, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Logan is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, East Logan has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in East Logan, OK

How much do homes in East Logan, OK cost?

Median Sold Price

$484,000

$203/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$46,500(+10.6%)

Key Takeaway

Homes in East Logan have sold for 10.6% more than they did a year ago.

Summary: The median home sold price in East Logan was $484,000 in October 2024, up 10.6% from last year, and the median price per square foot was $203.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $25K$85K
+240.0%
2 $218K$333.8K
+53.1%
3 $344.5K$334.9K
-2.8%
4 $525.2K$641.1K
+22.1%
5+ $1.1M$749.9K
-32.6%

Summary: East Logan housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 240%, 2 bedroom homes increased by 53.1%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes increased by 22.1%, and 5+ bedroom homes decreased by 32.6%.

Housing Supply in East Logan, OK

How many homes are available in East Logan, OK?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3028-6.7%

Summary: The East Logan real estate market had 28 homes for sale in October 2024, a 6.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 1817
-5.6%
4 46
+50.0%
5+ 42
-50.0%

Summary: The East 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 25%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
51-80.0%

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 East 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 East Logan in October 2024, down by 80.0% 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 East Logan, OK

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

Average Sale Time

Oct 2023Oct 2024CHANGE
76 Days25 Days-67.1%

Summary: Homes in East Logan had an average of 25 days on market in Oct 2024, down by 67.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 1 homes were sold in East Logan; 100% of homes were sold within 30 days, 0% 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 17 Days Ago

Newest Listings in East Logan, OK

Nearby Markets to East Logan, OK

What housing markets are near East Logan, OK?