$3,266 Closing Credit*
$275,000
945 SqFt
1 Bed
•1 Bath
Jayke Bond, Listing Office: Coldwell Banker Tomlinson
Is Logan, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Logan has remained a Seller's Market.
Key Takeaway
Logan is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Logan, WA
How much do homes in Logan, WA cost?
Median Sold Price
$284,500
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$25,000(-8.1%)
Key Takeaway
Homes in Logan have sold for 8.1% less than they did a year ago.
Summary: The median home sold price in Logan was $284,500 in October 2024, down 8.1% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $250K | N/A |
| 2 Bedrooms | $240K | $217.9K | -9.2% |
| 3 Bedrooms | $310K | $281.5K | -9.2% |
| 4 Bedrooms | $322.5K | $330K | +2.3% |
| 5+ Bedrooms | $425K | $429K | +0.9% |
Summary: Logan housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 9.2%, 3 bedroom homes decreased by 9.2%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes increased by 0.9%.
Median Sold Price Compared To Nearby Neighborhoods
| Lidgerwood Park | $282.5K | $279K | -1.2% |
| Logan | $309.5K | $284.5K | -8.1% |
Housing Supply in Logan, WA
How many homes are available in Logan, WA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 21 | +40.0% |
Summary: The Logan real estate market had 21 homes for sale in October 2024, a 40.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 4 | 9 | +125.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Logan housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 125%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Logan, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Logan in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Logan, WA
How long does it take to sell a home in Logan, WA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 11 Days | 51 Days | +340.4% |
Summary: Homes in Logan had an average of 51 days on market in Oct 2024, up by 340.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Logan has remained consistent over time.
Summary: During October 2024, 4 homes were sold in Logan; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Listings courtesy of Spokane Association of REALTORS® MLS as distributed by MLS GRID.