Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With 50,371 people, 15,855 houses or apartments, and a median cost of homes of $168,265, Logan real estate values are some of the lowest in Utah, although compared to real estate around the nation, Logan homes are still considered rather expensive.
Single-family detached homes are the single most common housing type in Logan, accounting for 42.78% of the city's housing units. Other types of housing that are prevalent in Logan include duplexes, homes converted to apartments or other small apartment buildings ( 27.68%), large apartment complexes or high rise apartments ( 16.72%), and a few row houses and other attached homes ( 10.04%).
People in Logan primarily live in small (one, two or no bedroom) single-family detached homes. Logan has a mixture of owner-occupied and renter-occupied housing.
There is a lot of housing in Logan built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Logan built between 1940-1969 ( 22.51%). A lesser amount of the housing stock also hails from between 2000 and later ( 19.25%). There's also some housing in Logan built before 1939 ( 11.70%).
Appreciation rates for homes in Logan have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 9.24%, which ranks in the top 30% nationwide. This equates to an annual average Logan house appreciation rate of 0.89%.
Appreciation rates are so strong in Logan that despite a nationwide downturn in the housing market, Logan real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Logan appreciation rates continue to be some of the highest in America, at 9.79%, which is higher than appreciation rates in 93.26% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Logan. Logan appreciation rates in the latest quarter were at 3.43%, which equates to an annual appreciation rate of 14.45%.
Importantly, NeighborhoodScout’s exclusive research found that Logan's housing market shows one of the <a href="/blog/highest-appreciating-cities">top real estate appreciation rates in the U.S.A.</a> in the latest quarter, which may signal the city’s near-future real estate investment strength.
Relative to Utah, our data show that Logan's latest annual appreciation rate is higher than 90% of the other cities and towns in Utah.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Logan differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Logan - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Logan real estate investment or home purchase decisions.
|$874,001 - $1,165,000||0.6|
|$583,001 - $874,000||0.9|
|$466,001 - $583,000||1.4|
|$350,001 - $466,000||3.5|
|$233,001 - $350,000||17.9|
|$117,001 - $233,000||64.3|
|$58,001 - $117,000||6.8|
|$0 - $58,000||4.3|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Logan HOMES|
|2000 or Newer||19.3|
|1970 - 1999||46.5|
|1940 - 1969||22.5|
|1939 or Older||11.7|
|TYPE OF Logan HOMES|
|Small Apt. Buildings||27.7|
|SIZE OF Logan HOMES|
|5 or more bedrooms||10.52|