Is Logan, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Logan was a Seller's Market.
Key Takeaway
Logan is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Logan, OH
How much do homes in Logan, OH cost?
Median Sold Price
$234,250
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Logan have sold for 14.3% more than they did a year ago.
Summary: The median home sold price in Logan was $234,250 in April 2024, up 14.3% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $110K | $270.5K | +145.9% |
| 2 Bedrooms | $135K | $154K | +14.1% |
| 3 Bedrooms | $214.9K | $228.4K | +6.3% |
| 4 Bedrooms | $234K | $444.5K | +90.0% |
| 5+ Bedrooms | $319.9K | $399.9K | +25.0% |
Summary: Logan housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 145.9%, 2 bedroom homes increased by 14.1%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 90%, and 5+ bedroom homes increased by 25%.
Median Sold Price Compared To Nearby Cities
| Logan | $205K | $234.2K | +14.3% |
| Falls Township | $180.2K | $182.7K | +1.4% |
Housing Supply in Logan, OH
How many homes are available in Logan, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 93 | 104 | +11.8% |
Summary: The Logan real estate market had 104 homes for sale in April 2024, a 11.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 3 | -25.0% |
| 2 Bedrooms | 15 | 18 | +20.0% |
| 3 Bedrooms | 48 | 49 | +2.1% |
| 4 Bedrooms | 19 | 25 | +31.6% |
| 5+ Bedrooms | 7 | 9 | +28.6% |
Summary: The Logan housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 31.6%, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 10 | 13 | +30.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Logan, you may be able to get a good deal. 61.5% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Logan in April 2024, up by 30.0% month-over-month. Of the 13 sold homes, 62% were sold under asking, 15% were sold at asking, and 23% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 26 Days | 45 Days | +73.7% |
Summary: Homes in Logan had an average of 45 days on market in Apr 2024, up by 73.7% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Logan are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 13 homes were sold in Logan; 69% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.
The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. 
Copyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.