Is Logan, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Logan was a Seller's Market.
Housing Prices in Logan, PA
How much do homes in Logan, PA cost?
Median Sold Price
$135,000
$107/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Logan was $135,000 in May 2024, up 8% from last year, and the median price per square foot was $107.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $76.2K | - | N/A |
2 Bedrooms | $105K | $115K | +9.5% |
3 Bedrooms | $132.7K | $129K | -2.8% |
4 Bedrooms | $127.5K | $179.9K | +41.1% |
5+ Bedrooms | $202.5K | $257.5K | +27.2% |
Summary: Logan housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.5%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes increased by 41.1%, and 5+ bedroom homes increased by 27.2%.
Median Sold Price Compared To Nearby Neighborhoods
Logan | $125K | $135K | +8.0% |
Olney | $175K | $175K | 0.0% |
Fern Rock | $190K | $183.5K | -3.4% |
Hunting Park | $92K | $80K | -13.0% |
West Logan | $206K | $145K | -29.6% |
Housing Supply in Logan, PA
How many homes are available in Logan, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
93 | 105 | +12.9% |
Summary: The Logan real estate market had 105 homes for sale in May 2024, a 12.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 7 | +16.7% |
3 Bedrooms | 61 | 72 | +18.0% |
4 Bedrooms | 20 | 19 | -5.0% |
5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Logan housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 18%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
13 | 13 | 0.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Logan in May 2024, the same as the previous month. Of the 13 sold homes, 69% were sold under asking, 31% were sold at asking, and 0% were sold over asking.
Days on Market for Logan, PA
How long does it take to sell a home in Logan, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
34 Days | 40 Days | +16.8% |
Summary: Homes in Logan had an average of 40 days on market in May 2024, up by 16.8% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 13 homes were sold in Logan; 46% of homes were sold within 30 days, 54% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.