Is East Logan, OK 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, East Logan has remained a Seller's Market.
Housing Prices in East Logan, OK
How much do homes in East Logan, OK cost?
Median Sold Price
$449,000
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in East Logan was $449,000 in May 2024, up 11% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $25K | $85K | +240.0% |
2 Bedrooms | $200.5K | - | N/A |
3 Bedrooms | $270K | $290K | +7.4% |
4 Bedrooms | $530.7K | $540K | +1.7% |
5+ Bedrooms | $499K | $580K | +16.2% |
Summary: East Logan housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 240%, 2 bedroom homes did not change, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes increased by 16.2%.
Median Sold Price Compared To Nearby Cities
East Logan | $404.5K | $449K | +11.0% |
Northwest Lincoln | $200K | $212.4K | +6.2% |
Housing Supply in East Logan, OK
How many homes are available in East Logan, OK?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
13 | 17 | +30.8% |
Summary: The East Logan real estate market had 17 homes for sale in May 2024, a 30.8% 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 | 1 | 1 | 0.0% |
3 Bedrooms | 5 | 5 | 0.0% |
4 Bedrooms | 5 | 9 | +80.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The East 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 80%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in East Logan in May 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for East Logan, OK
How long does it take to sell a home in East Logan, OK?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
37 Days | 6 Days | -83.9% |
Summary: Homes in East Logan had an average of 6 days on market in May 2024, down by 83.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 3 homes were sold in East Logan; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.