Is Logan, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Logan has remained a Seller's Market.
Housing Prices in Logan, OH
How much do homes in Logan, OH cost?
Median Sold Price
$235,000
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Logan was $235,000 in May 2024, up 2.6% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $168.9K | $145K | -14.2% |
2 Bedrooms | $146K | $161K | +10.3% |
3 Bedrooms | $237.5K | $229.9K | -3.2% |
4 Bedrooms | $260K | $375K | +44.2% |
5+ Bedrooms | $329.9K | $417.4K | +26.5% |
Summary: Logan housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.2%, 2 bedroom homes increased by 10.3%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes increased by 44.2%, and 5+ bedroom homes increased by 26.5%.
Median Sold Price Compared To Nearby Cities
Green Township | $287.4K | $390K | +35.7% |
Logan | $228.9K | $235K | +2.6% |
Falls Township | $188.5K | $182.7K | -3.1% |
Housing Supply in Logan, OH
How many homes are available in Logan, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
75 | 88 | +17.3% |
Summary: The Logan real estate market had 88 homes for sale in May 2024, a 17.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 16 | 22 | +37.5% |
3 Bedrooms | 32 | 35 | +9.4% |
4 Bedrooms | 18 | 21 | +16.7% |
5+ Bedrooms | 7 | 8 | +14.3% |
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 37.5%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
13 | 20 | +53.8% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in Logan in May 2024, up by 53.8% month-over-month. Of the 20 sold homes, 55% were sold under asking, 20% were sold at asking, and 25% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
10 Days | 45 Days | +323.1% |
Summary: Homes in Logan had an average of 45 days on market in May 2024, up by 323.1% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During May 2024, 20 homes were sold in Logan; 50% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.