Is Logan County, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, Logan County was a Seller's Market.
Housing Prices in Logan County, OH
How much do homes in Logan County, OH cost?
Median Sold Price
$240,000
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Logan County was $240,000 in February 2024, up 6.7% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $109K | $90K | -17.5% |
2 Bedrooms | $160K | $189.7K | +18.6% |
3 Bedrooms | $219.9K | $252K | +14.6% |
4 Bedrooms | $320K | $314.5K | -1.7% |
5+ Bedrooms | $415K | $269.9K | -35.0% |
Summary: Logan County housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17.5%, 2 bedroom homes increased by 18.6%, 3 bedroom homes increased by 14.6%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes decreased by 35%.
Median Sold Price Compared To Nearby Counties
Shelby County | $171.4K | $202.5K | +18.1% |
Logan County | $225K | $240K | +6.7% |
Union County | $315K | $325.1K | +3.2% |
Champaign County | $215K | $218.9K | +1.8% |
Housing Supply in Logan County, OH
How many homes are available in Logan County, OH?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
97 | 114 | +17.5% |
Summary: The Logan County real estate market had 114 homes for sale in February 2024, a 17.5% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 4 | 0.0% |
2 Bedrooms | 19 | 25 | +31.6% |
3 Bedrooms | 48 | 58 | +20.8% |
4 Bedrooms | 20 | 22 | +10.0% |
5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Logan County housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 31.6%, 3 bedroom homes increased by 20.8%, 4 bedroom homes increased by 10%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
12 | 15 | +25.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Logan County in February 2024, up by 25.0% month-over-month. Of the 15 sold homes, 67% were sold under asking, 7% were sold at asking, and 27% were sold over asking.
Days on Market for Logan County, OH
How long does it take to sell a home in Logan County, OH?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
37 Days | 59 Days | +57.6% |
Summary: Homes in Logan County had an average of 59 days on market in Feb 2024, up by 57.6% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During February 2024, 15 homes were sold in Logan County; 53% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.