Is Logan County, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Logan County was a Seller's Market.
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
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
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $127K | $101.7K | -19.9% |
2 Bedrooms | $178.7K | $180K | +0.7% |
3 Bedrooms | $225K | $235.2K | +4.6% |
4 Bedrooms | $280.9K | $280K | -0.3% |
5+ Bedrooms | $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 | $225K | $244K | +8.4% |
Phillips County | $205K | $215K | +4.9% |
Morgan County | $331.8K | $341K | +2.8% |
Housing Supply in Logan County, CO
How many homes are available in Logan County, CO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
92 | 101 | +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
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 16 | 16 | 0.0% |
3 Bedrooms | 39 | 39 | 0.0% |
4 Bedrooms | 26 | 32 | +23.1% |
5+ Bedrooms | 11 | 13 | +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 2024 | Mar 2024 | CHANGE |
---|---|---|
19 | 16 | -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
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 2023 | Mar 2024 | CHANGE |
---|---|---|
79 Days | 80 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
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.