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 seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in East Logan, OK

How much do homes in East Logan, OK cost?

Median Sold Price

$484,000

$210/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$4,750(-1.0%)

Key Takeaway

Homes in East Logan have sold for 1% less than they did a year ago.

Summary: The median home sold price in East Logan was $484,000 in November 2024, down 1% from last year, and the median price per square foot was $210.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $25K$85K
+240.0%
2 $174.5K$333.8K
+91.3%
3 $459.9K$424.9K
-7.6%
4 $528.8K$628.6K
+18.9%
5+ $537.5K$749.9K
+39.5%

Summary: East Logan housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 240%, 2 bedroom homes increased by 91.3%, 3 bedroom homes decreased by 7.6%, 4 bedroom homes increased by 18.9%, and 5+ bedroom homes increased by 39.5%.

Housing Supply in East Logan, OK

How many homes are available in East Logan, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2734+25.9%

Summary: The East Logan real estate market had 34 homes for sale in November 2024, a 25.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 33
0.0%
3 1518
+20.0%
4 710
+42.9%
5+ 23
+50.0%

Summary: The East Logan 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 increased by 20%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
19+800.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

7 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Logan, expect to pay close to the asking price. 77.8% of homes here sold near the asking price last month.

Summary: A total of 9 homes were sold or pending in East Logan in November 2024, up by 800.0% month-over-month. Of the 9 sold homes, 11% were sold under asking, 78% were sold at asking, and 11% 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

Nov 2023Nov 2024CHANGE
30 Days36 Days+23.0%

Summary: Homes in East Logan had an average of 36 days on market in Nov 2024, up by 23% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

4 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 November 2024, 9 homes were sold in East Logan; 56% of homes were sold within 30 days, 44% 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?