Is Logan, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Logan is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Logan, OH

How much do homes in Logan, OH cost?

Median Sold Price

$253,500

$176/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$33,000(+15.0%)

Key Takeaway

Homes in Logan have sold for 15% more than they did a year ago.

Summary: The median home sold price in Logan was $253,500 in November 2024, up 15% from last year, and the median price per square foot was $176.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $165K$120K
-27.3%
2 $146K$186.9K
+28.0%
3 $227K$243.7K
+7.4%
4 $280K$355K
+26.8%
5+ $613.5K$883.5K
+44.0%

Summary: Logan housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 27.3%, 2 bedroom homes increased by 28%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 26.8%, and 5+ bedroom homes increased by 44%.

Median Sold Price Compared To Nearby Cities

Logan
+15.0%
Green Township
-13.2%

Housing Supply in Logan, OH

How many homes are available in Logan, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1615-6.3%

Summary: The Logan real estate market had 15 homes for sale in November 2024, a 6.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1010
0.0%
4 22
0.0%
5+ 32
-33.3%

Summary: The Logan housing inventory by bedroom type for November 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 decreased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Logan, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Logan in November 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Logan, OH

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

Average Sale Time

Nov 2023Nov 2024CHANGE
33 Days242 Days+626.9%

Summary: Homes in Logan had an average of 242 days on market in Nov 2024, up by 626.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 3 homes were sold in Logan; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% 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 11 Days Ago

Newest Listings in Logan, OH

Nearby Markets to Logan, OH

What housing markets are near Logan, OH?