Is Logan County, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Logan County was a Seller's Market.
Key Takeaway
Logan County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Logan County, OK
How much do homes in Logan County, OK cost?
Median Sold Price
$250,000
$148/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
The sold price of homes in Logan County has remained the same since last year.
Summary: The median home sold price in Logan County was $250,000 in March 2024, up 0.4% from last year, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $35K | $101K | +188.6% |
| 2 Bedrooms | $110K | $148.5K | +35.0% |
| 3 Bedrooms | $241.7K | $245K | +1.3% |
| 4 Bedrooms | $315K | $318K | +1.0% |
| 5+ Bedrooms | $342K | $339.5K | -0.7% |
Summary: Logan County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 188.6%, 2 bedroom homes increased by 35%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 1%, and 5+ bedroom homes decreased by 0.7%.
Median Sold Price Compared To Nearby Counties
| Oklahoma County | $245K | $253.9K | +3.6% |
| Kingfisher County | $229.5K | $237.4K | +3.5% |
| Payne County | $201K | $205K | +2.0% |
| Logan County | $249K | $250K | 0.4% |
| Lincoln County | $162.5K | $160.5K | -1.2% |
Housing Supply in Logan County, OK
How many homes are available in Logan County, OK?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 189 | 212 | +12.2% |
Summary: The Logan County real estate market had 212 homes for sale in March 2024, a 12.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 18 | 22 | +22.2% |
| 3 Bedrooms | 104 | 113 | +8.7% |
| 4 Bedrooms | 56 | 67 | +19.6% |
| 5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The Logan County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 22.2%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 19.6%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 28 | 34 | +21.4% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Logan County, expect to pay close to the asking price. 44.1% of homes here sold near the asking price last month.
Summary: A total of 34 homes were sold or pending in Logan County in March 2024, up by 21.4% month-over-month. Of the 34 sold homes, 32% were sold under asking, 44% were sold at asking, and 24% were sold over asking.
Days on Market for Logan County, OK
How long does it take to sell a home in Logan County, OK?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 48 Days | 63 Days | +31.0% |
Summary: Homes in Logan County had an average of 63 days on market in Mar 2024, up by 31% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Logan County are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 34 homes were sold in Logan County; 44% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
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