Is Logan, WV 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 Neutral 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, WV

How much do homes in Logan, WV cost?

Median Sold Price

$85,000

$58/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$14,000(-14.1%)

Key Takeaway

Homes in Logan have sold for 14.1% less than they did a year ago.

Summary: The median home sold price in Logan was $85,000 in October 2024, down 14.1% from last year, and the median price per square foot was $58.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $80K$55K
-31.3%
3 $125K$125K
0.0%
4 $99K$65K
-34.3%
5+ $144.5K$75K
-48.1%

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 31.3%, 3 bedroom homes did not change, 4 bedroom homes decreased by 34.3%, and 5+ bedroom homes decreased by 48.1%.

Median Sold Price Compared To Nearby Cities

Central
-10.3%
Logan
-14.1%

Housing Supply in Logan, WV

How many homes are available in Logan, WV?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
12120.0%

Summary: The Logan real estate market had 12 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 77
0.0%
4 44
0.0%
5+ 11
0.0%

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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
31-66.7%

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 66.7% 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, WV

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

Average Sale Time

Oct 2023Oct 2024CHANGE
43 Days12 Days-72.1%

Summary: Homes in Logan had an average of 12 days on market in Oct 2024, down by 72.1% 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 Logan are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in 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 22 Days Ago

Newest Listings in Logan, WV

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