Logansport, IN—46947
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Logansport, IN
As of Oct '25, the median home price in Logansport, IN is $154,000, with a year-over-year change of 2.8%. This indicates that home prices in Logansport, IN are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $154,000 | 2.8% |
| Single Family | $153,000 | 1.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $81,000 | -3.6% |
2 Bed | $115,000 | -0.9% |
3 Bed | $171,000 | 3.0% |
4 Bed | $194,000 | 2.6% |
| 5 Bed | $211,000 | 2.4% |
% of Housing Stock
Rental Trends — Logansport, IN
As of July '25, Rentcast reports the average rent in Logansport, IN is $878, with a year-over-year rent change of -1.7%. Per bedroom, the median rent as of July '25 in Logansport, IN is studios: $699, 1-bedrooms: $757, 2-bedrooms: $956. The most common rental property sizes in Logansport, IN are 2-bedroom and 1-bedroom, accounting for 37.1% and 26.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $849 | $878 |
| Studio Rent | $699 | $699 |
| 1 Bed Rent | $749 | $757 |
| 2 Bed Rent | $895 | $956 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Logansport, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Logansport, IN is 45. This is a increase of 24.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 44.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $177,000 | -18.0% |
Listing Count | 100 | 57.0% |
| Listings as % of Homes | 0.3% | 57.0% |
Days on Market | 45 | 24.0% |
Demographics — Logansport, IN
As of the latest ACS Survey released in 2023, Logansport, IN has a population of 28,800, which has increased by 2.5% over the past 5 years. Logansport, IN is a moderately popular place for families, as children make up 24.5% of the population. The area has a poorly educated workforce, with 15.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 28,800 | 2.5% |
% Under 18 | 24.5% | 3.8% |
% Seniors | 16.9% | 1.8% |
% WFH | 3.1% | 210.0% |
% w/ College Degree | 15.5% | 14.0% |
As of the latest ACS Survey released in 2023, Logansport, IN is a predominantly white area, with 70.0% of the population identifying as white. The white population has shrunk by 7.3% in the last 5 years. The second most common race or ethnicity in Logansport, IN is hispanic, making up 22.2% of the population. Foreign-born residents account for 11.7% of the population in Logansport, IN, and this percentage has increased by 3.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 70.0% | -7.3% |
% Black | 1.4% | -12.5% |
% Hispanic | 22.2% | 18.7% |
% Asian | 2.1% | -8.7% |
% Foreign Born | 11.7% | 3.5% |
Mortgage and Risk — Logansport, IN
According to HUD data as of 2023, there were 440 mortgage originations in Logansport, IN, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Logansport, IN. Investor activity is low, as 3.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 440 |
% Conventional Loans | 73.0% |
% Government Loans | 27.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 18.0% |
Loan Activity
Rentals and Section 8 — Logansport, IN
Logansport, IN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 651 |
Total Units Section 8 | 651 |
% Rentals under Section 8 | 22.1% |
% Occupied Section 8 | 87.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $31 | $749 | $780 |
| 2 Bedroom | $35 | $895 | $930 |
| 3 Bedroom | N/A | N/A | $1,230 |
| 4 Bedroom | N/A | N/A | $1,230 |
Affordability — Logansport, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.3 |
| Median Home Price | $154,000 |
| Median Household Income | $55,100 |