Logan, IA—51546
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Logan, IA
As of Oct '25, the median home price in Logan, IA is $257,000, with a year-over-year change of 6.9%. This indicates that home prices in Logan, IA are increasing. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $257,000 | 6.9% |
| Single Family | $258,000 | 7.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $179,000 | 7.8% |
3 Bed | $262,000 | 6.9% |
4 Bed | $328,000 | 7.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Logan, IA
Logan, IA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $925 | $925 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $925 | $925 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Logan, IA
As of Oct '25, Realtor.com reports that the median days on market for a home in Logan, IA is 67. This is a increase of 81.0% 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 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $378,000 | -22.0% |
Listing Count | 10 | -6.0% |
| Listings as % of Homes | 0.6% | -6.0% |
Days on Market | 67 | 81.0% |
Demographics — Logan, IA
As of the latest ACS Survey released in 2023, Logan, IA has a population of 3,110, which has increased by 11.7% over the past 5 years. Logan, IA is a popular place for families, as children make up 28.8% of the population. The area has a poorly educated workforce, with 23.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,110 | 11.7% |
% Under 18 | 28.8% | 4.0% |
% Seniors | 16.3% | -4.7% |
% WFH | 5.8% | 114.8% |
% w/ College Degree | 23.1% | 2.7% |
As of the latest ACS Survey released in 2023, Logan, IA is a predominantly white area, with 97.8% of the population identifying as white. The white population has grown by 3.4% in the last 5 years. The second most common race or ethnicity in Logan, IA is hispanic, making up 1.1% of the population. Foreign-born residents account for 0.6% of the population in Logan, IA, and this percentage has increased by Inf% 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 | 97.8% | 3.4% |
% Black | 0.1% | -66.7% |
% Hispanic | 1.1% | -31.2% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.6% | ∞% |
Mortgage and Risk — Logan, IA
According to HUD data as of 2023, there were 56 mortgage originations in Logan, IA, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Logan, IA. Investor activity is low, as 11.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 56 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 11.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Logan, IA
Logan, IA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 71 |
Total Units Section 8 | 61 |
% Rentals under Section 8 | 24.3% |
% Occupied Section 8 | 76.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $880 |
| 2 Bedroom | N/A | N/A | $1,060 |
| 3 Bedroom | $485 | $925 | $1,410 |
| 4 Bedroom | N/A | N/A | $1,560 |
Affordability — Logan, IA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $257,000 |
| Median Household Income | $82,900 |