Is Logan County, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Logan County has remained a Seller's Market.
Housing Prices in Logan County, OK
How much do homes in Logan County, OK cost?
Median Sold Price
$249,616
$149/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Logan County was $249,616 in April 2024, down 0.2% from last year, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $40K | $117K | +192.5% |
2 Bedrooms | $111K | $151.2K | +36.3% |
3 Bedrooms | $242.5K | $243.5K | 0.4% |
4 Bedrooms | $314.6K | $318K | +1.1% |
5+ Bedrooms | $347.7K | $319K | -8.3% |
Summary: Logan County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 192.5%, 2 bedroom homes increased by 36.3%, 3 bedroom homes increased by 0.4%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes decreased by 8.3%.
Median Sold Price Compared To Nearby Counties
Kingfisher County | $225K | $245K | +8.9% |
Oklahoma County | $246.2K | $254.7K | +3.5% |
Logan County | $250K | $249.6K | -0.2% |
Lincoln County | $162.5K | $160K | -1.5% |
Payne County | $218.6K | $205K | -6.2% |
Housing Supply in Logan County, OK
How many homes are available in Logan County, OK?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
194 | 201 | +3.6% |
Summary: The Logan County real estate market had 201 homes for sale in April 2024, a 3.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 20 | 16 | -20.0% |
3 Bedrooms | 108 | 109 | +0.9% |
4 Bedrooms | 61 | 60 | -1.6% |
5+ Bedrooms | 3 | 13 | +333.3% |
Summary: The Logan County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 0.9%, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes increased by 333.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
38 | 34 | -10.5% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 34 homes were sold or pending in Logan County in April 2024, down by 10.5% month-over-month. Of the 34 sold homes, 59% were sold under asking, 26% were sold at asking, and 15% were sold over asking.
Days on Market for Logan County, OK
How long does it take to sell a home in Logan County, OK?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
45 Days | 53 Days | +17.0% |
Summary: Homes in Logan County had an average of 53 days on market in Apr 2024, up by 17% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During April 2024, 34 homes were sold in Logan County; 50% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.