Is Logandale, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Logandale is a seller's market

Buyer's
Market

Difference Since May 2022

Since last year, Logandale has remained a Seller's Market.

Key Takeaway

Logandale is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Logandale, NV cost?

Median Sold Price

$480,000

$213/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2022

+$51,500(+12.0%)

Key Takeaway

Homes in Logandale have sold for 12% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2022May 2023%
1 $138.1K-
N/A
2 $200K-
N/A
3 $425K$415.4K
-2.3%
4 $440K$512.5K
+16.5%
5+ $525K$712.5K
+35.7%

Median Sold Price Compared To Nearby Cities

Logandale
+12.0%
Clark
+2.2%
Overton
-2.2%

How many homes are available in Logandale, NV?

Number of Homes For Sale

Apr 2023May 2023%
2726-3.7%

Homes For Sale By Bedroom Count

# BEDSApr 2023May 2023%
1 00
0.0%
2 02
+100.0%
3 1211
-8.3%
4 87
-12.5%
5+ 76
-14.3%

Number of Homes Sold

Apr 2023May 2023%
65-16.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Logandale, you may be able to get a good deal. 60% of homes here sold below asking price last month.

How long does it take to sell a home in Logandale, NV?

How long does it take to sell a home in Logandale, NV?

Average Sale Time

May 2022May 2023%
30 Days129 Days+331.3%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Logandale are taking a long time to sell, it's a good idea to negotiate on homes here.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

What housing markets are near Logandale, NV?

About Logandale, NV

Homes for sale in Logandale, NV have reached 26. The inventory of homes for sale in Logandale, NV between April 2023 and May 2023 decreased by 3.7%. Listings spent 129 days on the market in May 2023, and had a median list price of $480,000 during the same period. Listing prices have changed in this real estate market between April 2023 and May 2023: the cost of 1 bedroom properties went up by 0%, the cost of 2 bedrooms properties went up by 0%, 3 bedrooms properties prices decreased by 2.3%, prices of 4 bedrooms properties increased by 16.5%, 5 bedrooms properties prices increased by 35.7%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes inventory did not change, 2 bedrooms homes inventory increased by 100%, 3 bedrooms homes inventory decreased by 8.3%, number of 4 bedrooms homes decreased by 12.5%, 5 bedrooms homes became 14.3% less available. Logandale, NV housing market in May 2023 saw over 0 listings sold above listed price, more than 2 sold at listed price and over 3 sold below.