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  4. /Logansport, IN - 46947

Logansport, IN—46947

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$163,000
2.1% YoY Growth
Household Income
$55,100
21.7% YoY Growth
Days on Market
50
27.0% Longer YoY
Home Price Forecast
3.1%
Median Rent
$849
1.7% YoY Growth
1-Bed Rent
$749
7.2% YoY Growth
2-Bed Rent
$895
23.8% YoY Growth
3-Bed Rent
N/A
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Logansport, IN

As of May '26, the median home price in Logansport, IN is $163,000, with a year-over-year change of -2.1%. This indicates that home prices in Logansport, IN are decreasing. According to Zillow, the 1-year price projection is 3.1%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$163,000-2.1%
Single Family $162,000-1.8%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

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  • Affordability
  • Rentals and Section 8
  • $85,000
    -2.3%
    2 Bed
    $121,000-4.7%
    3 Bed
    $181,0000.0%
    4 Bed
    $206,0000.0%
    5 Bed $222,092-0.4%
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    % of Housing Stock

    Studio
    1.8%
    1 Bedroom
    11.0%
    2 Bedrooms
    27.1%
    3 Bedrooms
    40.6%
    4 Bedrooms
    14.7%
    5+ Bedrooms
    4.8%

    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.

    TypeMedian RentAverage Rent
    Average Rent$849$878
    Studio Rent $699$699
    1 Bed Rent $749$757
    2 Bed Rent $895$956
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
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    % of Rental Stock

    Studio
    4.1%
    1 Bedroom
    26.5%
    2 Bedrooms
    37.1%
    3 Bedrooms
    16.8%
    4 Bedrooms
    10.5%
    5+ Bedrooms
    5.1%

    Property Listings — Logansport, IN

    As of May '26, Realtor.com reports that the median days on market for a home in Logansport, IN is 50. This is a increase of 27.0% 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 21.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    $220,00036.0%
    Listing Count
    75-3.0%
    Listings as % of Homes0.3%-3.0%
    Days on Market
    5027.0%
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    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.

    MetricLatest CensusYoY % Change
    Population
    28,8002.5%
    % Under 18
    24.5%3.8%
    % Seniors
    16.9%1.8%
    % WFH
    3.1%210.0%
    % w/ College Degree
    15.5%14.0%
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    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

    MetricLatest Census5-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%
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    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

    MetricZip 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%
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    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 SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$31$749$780
    2 Bedroom$35$895$930
    3 BedroomN/AN/A$1,230
    4 BedroomN/AN/A$1,230

    Affordability — Logansport, IN

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio2.5
    Median Home Price$163,000
    Median Household Income$55,100

    Logansport, IN — ZIP Code Boundary Map

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    Frequently Asked Questions