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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Logan County is a buyer's market

Buyer's
Market

Difference Since February 2023

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

Key Takeaway

Logan County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

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

+$15,000(+6.7%)

Key Takeaway

Homes in Logan County have sold for 6.7% more than they did a year ago.

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

# BEDSFeb 2023Feb 2024CHANGE
1 $109K$90K
-17.5%
2 $160K$189.7K
+18.6%
3 $219.9K$252K
+14.6%
4 $320K$314.5K
-1.7%
5+ $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
+18.1%
Logan County
+6.7%
Union County
+3.2%
Champaign County
+1.8%

Housing Supply in Logan County, OH

How many homes are available in Logan County, OH?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
97114+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

# BEDSJan 2024Feb 2024CHANGE
1 44
0.0%
2 1925
+31.6%
3 4858
+20.8%
4 2022
+10.0%
5+ 65
-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 2024Feb 2024CHANGE
1215+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

Asking vs Sold - buyer

Key Takeaway

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

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 2023Feb 2024CHANGE
37 Days59 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Logan County are selling fast, if you're buying plan to act quickly.

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.

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

Report Updated 28 Days Ago

Newest Listings in Logan County, OH

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