Is Logan County, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Logan County is a neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Logan County was a Seller's Market.

Key Takeaway

Logan County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Logan County, CO

How much do homes in Logan County, CO cost?

Median Sold Price

$244,000

$154/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$19,000(+8.4%)

Key Takeaway

Homes in Logan County have sold for 8.4% more than they did a year ago.

Summary: The median home sold price in Logan County was $244,000 in March 2024, up 8.4% from last year, and the median price per square foot was $154.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $127K$101.7K
-19.9%
2 $178.7K$180K
+0.7%
3 $225K$235.2K
+4.6%
4 $280.9K$280K
-0.3%
5+ $365K$402.5K
+10.3%

Summary: Logan County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 19.9%, 2 bedroom homes increased by 0.7%, 3 bedroom homes increased by 4.6%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes increased by 10.3%.

Median Sold Price Compared To Nearby Counties

Logan County
+8.4%
Phillips County
+4.9%
Morgan County
+2.8%

Housing Supply in Logan County, CO

How many homes are available in Logan County, CO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
92101+9.8%

Summary: The Logan County real estate market had 101 homes for sale in March 2024, a 9.8% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 01
+100.0%
2 1616
0.0%
3 3939
0.0%
4 2632
+23.1%
5+ 1113
+18.2%

Summary: The Logan County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes increased by 18.2%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1916-15.8%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Logan County, you may be able to get a good deal. 56.3% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in Logan County in March 2024, down by 15.8% month-over-month. Of the 16 sold homes, 56% were sold under asking, 19% were sold at asking, and 25% were sold over asking.

Days on Market for Logan County, CO

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

Average Sale Time

Mar 2023Mar 2024CHANGE
79 Days80 Days+1.3%

Summary: Homes in Logan County had an average of 80 days on market in Mar 2024, up by 1.3% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Logan County has remained consistent over time.

Summary: During March 2024, 16 homes were sold in Logan County; 25% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 31% 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 25 Days Ago

Newest Listings in Logan County, CO

Nearby Markets to Logan County, CO

What housing markets are near Logan County, CO?