Logan, Spokane, WA—99207
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Logan, Spokane, WA
As of Oct '25, the median home price in Logan, Spokane, WA is $276,000, with a year-over-year change of -1.7%. This indicates that home prices in Logan, Spokane, WA are decreasing. According to Zillow, the 1-year price projection is 0.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $276,000 | -1.7% |
| Single Family | $277,000 | -1.4% |
| Condos | $180,000 | -3.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $210,000 | -0.9% |
2 Bed | $250,000 | -1.6% |
3 Bed | $292,000 | -1.7% |
4 Bed | $320,000 | -1.5% |
| 5 Bed | $347,000 | -2.5% |
% of Housing Stock
Rental Trends — Logan, Spokane, WA
As of July '25, Rentcast reports the average rent in Logan, Spokane, WA is $1,600, with a year-over-year rent change of 14.3%. Per bedroom, the median rent as of July '25 in Logan, Spokane, WA is 1-bedrooms: $1,090, 2-bedrooms: $1,430, 3-bedrooms: $1,790, 4-bedrooms: $2,260. The most common rental property sizes in Logan, Spokane, WA are 2-bedroom and 3-bedroom, accounting for 36.7% and 29.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,600 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,020 | $1,090 |
| 2 Bed Rent | $1,400 | $1,430 |
| 3 Bed Rent | $1,700 | $1,790 |
| 4 Bed Rent | $2,300 | $2,260 |
% of Rental Stock
Property Listings — Logan, Spokane, WA
As of Oct '25, Realtor.com reports that the median days on market for a home in Logan, Spokane, WA is 50. This is a increase of 20.0% 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 39.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $300,000 | -3.0% |
Listing Count | 148 | 28.0% |
| Listings as % of Homes | 0.5% | 28.0% |
Days on Market | 50 | 20.0% |
Demographics — Logan, Spokane, WA
As of the latest ACS Survey released in 2023, Logan, Spokane, WA has a population of 34,800, which has increased by 17.0% over the past 5 years. Logan, Spokane, WA is a moderately popular place for families, as children make up 20.7% of the population. The area has a poorly educated workforce, with 16.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 34,800 | 17.0% |
% Under 18 | 20.7% | -16.2% |
% Seniors | 12.1% | 9.0% |
% WFH | 9.6% | 255.6% |
% w/ College Degree | 16.9% | 19.0% |
As of the latest ACS Survey released in 2023, Logan, Spokane, WA is a predominantly white area, with 76.4% of the population identifying as white. The white population has shrunk by 1.4% in the last 5 years. The second most common race or ethnicity in Logan, Spokane, WA is hispanic, making up 8.2% of the population. Foreign-born residents account for 5.9% of the population in Logan, Spokane, WA, and this percentage has decreased by 23.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 76.4% | -1.4% |
% Black | 4.5% | 73.1% |
% Hispanic | 8.2% | 9.3% |
% Asian | 3.3% | 10.0% |
% Foreign Born | 5.9% | -23.4% |
Mortgage and Risk — Logan, Spokane, WA
According to HUD data as of 2023, there were 791 mortgage originations in Logan, Spokane, WA, of which 68.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 41.0% above 90% LTV (very high). This implies large mortgage risk in Logan, Spokane, WA. Investor activity is low, as 3.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 791 |
% Conventional Loans | 68.0% |
% Government Loans | 32.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Logan, Spokane, WA
As of 2024, the percent of homes in Logan, Spokane, WA under the Section 8 program is 11.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Logan, Spokane, WA, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 721 |
Total Units Section 8 | 682 |
% Rentals under Section 8 | 11.1% |
% Occupied Section 8 | 86.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $80 | $1,020 | $1,100 |
| 2 Bedroom | $10 | $1,400 | $1,410 |
| 3 Bedroom | $250 | $1,700 | $1,950 |
| 4 Bedroom | -$20 | $2,300 | $2,280 |
Affordability — Logan, Spokane, WA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5 |
| Median Home Price | $276,000 |
| Median Household Income | $55,500 |