$713 Closing Credit*
$60,000
1,800 SqFt
3 Beds
•1 Full Bath, 1 Partial
CORAL NEAL, Listing Office: Hometown Real Estate Inc.
Is Logan, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller'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
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $80K | $55K | -31.3% |
| 3 Bedrooms | $125K | $125K | 0.0% |
| 4 Bedrooms | $99K | $65K | -34.3% |
| 5+ Bedrooms | $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 | $97K | $87K | -10.3% |
| Logan | $99K | $85K | -14.1% |
Housing Supply in Logan, WV
How many homes are available in Logan, WV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 12 | 0.0% |
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
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 7 | 7 | 0.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 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 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -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
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 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 43 Days | 12 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
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.
