Is Logan, NM 88426 a buyer’s or seller’s market?
Logan is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Logan housing market right now
In the three months ending August 31, 2026, 0% of homes in Logan, NM 88426 sold above their list price, the typical home went under contract in 47 days and there were 4.8 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 2 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (33 days then) and the median sale price rose 4% to $321,811. Overall, Logan is less competitive than a year ago, which gives buyers more room.
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Where Logan is
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Questions about Logan real estate
Is Logan a buyer’s or seller’s market?
A balanced market: there were 4.8 months of supply in Logan, NM 88426 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Logan?
The typical home went under contract in 47 days in the latest three months.
Do homes in Logan sell over asking?
0% of homes sold above their original list price.
What are property taxes in Logan?
About 0.44% of a home’s value a year in Harding County, or roughly $1,760 on a $400,000 home.
What is the median home price in Logan?
The median sale price was $321,811 in the three months ending August 31, 2026, about $134 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology