Logansport, IN Housing Market
AI-powered market intelligence for the Logansport, IN metro area.
PropertyIQ Scores
Logansport, IN Market Analysis
Market Overview
Logansport’s PropertyIQ Score of 76 out of 100 positions it as a relatively solid residential market, though not without nuance. The score is supported by a 12-month home value momentum of 5.66%, a median days on market of 29 days, and a share of listings with a price cut of 18.9%. These indicators suggest healthy buyer interest and limited pressure on sellers. Compared with Indiana state averages, Logansport’s median home value of $174,920 is well below the state median of $260,808, making local housing more affordable on a purchase-price basis. The rent index of $995 is close to the state average of $1,020, and the unemployment rate matches the state at 3.3%, indicating a stable labor market.
However, the market is not uniformly strong. The 3-month home value momentum is -0.31%, a slight decline that contrasts with the positive 12-month figure. Median household income in Logansport is $56,525, notably below the state average of $70,051, which may cap local purchasing power despite lower home prices. Population growth is reported as N/A, so the underlying demographic trend cannot be assessed from the provided data. With 73 homes for sale, inventory appears limited, which can support prices if demand holds. In this context, Logansport reads as a moderately healthy market: accessible home prices and quick sales support the score, but short-term price movement and income levels introduce caution.
Key Trends
The first key trend is mixed price momentum. Home values have risen 5.66% over the past 12 months, but the 3-month momentum of -0.31% shows a recent flattening or slight pullback. That combination points to a market that gained value over the longer term but may be cooling in the near term.
Second, inventory and speed suggest a competitive market. The 73 homes for sale and a median days on market of 29 days indicate that well-priced listings are moving quickly. The share of listings with a price cut is 18.9%, which is relatively moderate and suggests sellers are not broadly forced to discount.
Third, affordability is a clear contrast with the state. The median home value of $174,920 is about $85,888 below the Indiana median of $260,808. However, the median household income of $56,525 is also well below the state average of $70,051, so local affordability is real but not as deep as the price gap alone might suggest.
Fourth, the rental market is stable relative to the state. The rent index of $995 is only $25 below the state average of $1,020, and unemployment is equal to the state at 3.3%. This stability may support rental demand even as purchase prices remain lower than the state median.
Who Is This Market For
Logansport is best suited for first-time buyers and value-oriented households who prioritize lower purchase prices. The median home value of $174,920 is substantially below the state median of $260,808, which can translate into lower down payments and mortgage amounts. However, with median household income at $56,525 compared with the state’s $70,051, buyers may still need to budget carefully. The 29-day median days on market means serious buyers should be prepared to act quickly.
Real estate investors may also find the market appealing because the rent index of $995 is near the state average while the median home value is far lower. That combination can support a more favorable rent-to-price relationship than many higher-priced areas. The stable unemployment rate of 3.3% provides some confidence in tenant demand. Move-up or luxury buyers are less clearly aligned with this market, as the inventory of 73 homes for sale and the lower median price point suggest a market centered on essential housing rather than high-end inventory.
Outlook
The outlook for Logansport is cautiously stable, with short-term signals worth watching. The positive 12-month home value momentum of 5.66% shows that values have risen over the past year, and the median days on market of 29 days indicates that well-priced homes continue to move quickly. The share of listings with a price cut at 18.9% is moderate, suggesting sellers are not under widespread pressure to reduce prices. At the same time, the 3-month home value momentum of -0.31% suggests recent price growth has flattened or slightly reversed. With only 73 homes for sale, inventory is limited, which may help support prices if demand remains steady. The unemployment rate of 3.3%, equal to the state average, provides a stable employment base. The main unknown is population growth, which is reported as N/A; without that data, long-term demand growth cannot be projected. Overall, the numbers support a modest, steady market rather than rapid acceleration.
AI-generated analysis based on current market data. Last updated August 20, 2026.
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Logansport, IN market data
Logansport, IN Housing Market Overview
Logansport, IN's median home value is $175K, up 5.7% over the past year. Homes here sell in a median 29 days. Its PropertyIQ Score of 76 sits well above the state average of 50, marking a market positioned to outperform its state over the next three years.
The Logansport, IN metropolitan area represents a distinct segment of IN's housing landscape. The PropertyIQ Score combines price momentum — how Zillow home values have trended over the past 3 and 12 months — with market-flow signals from Realtor.com that track how fast homes sell and how often sellers cut prices. The result is a single measure of how this market is positioned to outperform or lag its state over the next three years.
Midwestern housing markets are characterized by affordability and economic diversification. From manufacturing hubs undergoing tech-sector transitions to university towns with stable demand, the region offers value-oriented opportunities with lower entry costs than coastal markets. Within the Midwest, Logansport, IN's PropertyIQ Score of 76 ranks among the Midwest's stronger demand signals.
For the Logansport, IN market, PropertyIQ calculates a single score each month from four inputs: twelve-month Zillow home-value momentum, three-month Zillow home-value momentum, median days on market from Realtor.com, and the Realtor.com price-reduced share. The score is computed nationally across all metros and calibrated so 50 equals the state average. Across the validation history, metro markets in the top score band have outperformed their state by roughly 1.7 percentage points more per year than bottom-band markets. Momentum here has been positive, with home values up 5.7% over the past year.
Use PropertyIQ's interactive analytics to compare Logansport, IN against any other US metro on its PropertyIQ Score and underlying metrics. Generate a free AI market report, explore historical trends on the graphs page, or see how this market ranks on the scores dashboard.
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Market data through July 2026. Sourced from Zillow, Realtor.com, Redfin, U.S. Census Bureau, FRED, BLS, and BEA. Per-statistic source and date shown above.
Frequently Asked Questions
Is Logansport, IN a good place to buy real estate in 2026?
PropertyIQ doesn't label markets simply good or bad. Instead, the PropertyIQ Score measures a market's demand momentum against its own state, where 50 marks the state average. Logansport, IN currently scores 76, a rising-momentum reading that leaves it positioned to outperform its state over the next three years. For buyers, strengthening demand usually means rising competition and firmer prices, so waiting can cost you negotiating room. Backing that up, the median home value here is $175K, up 5.7% over the past year. So whether Logansport, IN is right for you comes down to your goals: a rising-momentum market can favor long-term appreciation but offers less room to negotiate, while a cooling one hands buyers more leverage. Treat the score as a timing signal to weigh alongside your budget, holding period, and plans for the property, not a verdict on the market's quality.
What is the PropertyIQ Score for Logansport, IN?
Logansport, IN's PropertyIQ Score is 76, indicating rising momentum on a 1-to-99 scale. The score distills four transparent inputs into a single number: Zillow home-value momentum over the past 12 months, Zillow home-value momentum over the past 3 months, the median days homes spend on the market from Realtor.com, and the share of listings with a price cut, also from Realtor.com. Rising values and faster sales push the score up, while slow sales and frequent price cuts pull it down. The scale is calibrated so 50 equals the state average, meaning a score above 50 predicts the market will outperform its state over the next three years and a score below 50 predicts underperformance. PropertyIQ computes the score across every US market nationally, then recenters it against each state, so 76 places Logansport, IN above its state benchmark.
Are home prices in Logansport, IN rising or falling?
Home prices in Logansport, IN are rising. Over the past year, the median home value increased 5.7%, reaching $175K. Over the latest three months, values slipped 0.3%, a sign near-term demand is softening. PropertyIQ derives these figures from Zillow's home-value index, which tracks the typical value across the market rather than only the homes that happened to sell, giving a steadier read than a raw median sale price. Both the 12-month and 3-month momentum readings feed directly into the PropertyIQ Score, so this price trend is one of the core signals behind Logansport, IN's current score. Keep in mind that appreciation can vary widely by neighborhood and price tier across the metro area, so treat these figures as the market-wide baseline rather than a guarantee for any single property.
How quickly do homes sell in Logansport, IN?
In Logansport, IN, homes sell in a median of 29 days from listing to pending sale, based on Realtor.com market data. Median days on market is one of the clearest real-time reads on local demand: when homes move quickly, buyers are competing and sellers hold the advantage, while lengthening timelines signal cooling interest and more room to negotiate. Alongside sale speed, about 19% of active listings here have taken at least one price cut — a complementary demand gauge, since a rising share of reductions often precedes slower sales and softer prices. Both median days on market and the price-cut share feed directly into the PropertyIQ Score, where faster sales and fewer cuts push the score higher. As a general guide, medians under about 30 days indicate a brisk, competitive market, while medians well beyond 60 days point to buyers regaining leverage. Actual time on market still varies by price band, property type, and season, so treat the median as a market-wide baseline.
How current is this metro area data?
This Logansport, IN market data is refreshed on a monthly cycle, with the latest figures current through July 2026. PropertyIQ ingests fresh data every month from a range of authoritative sources: home values and rents from Zillow, days on market and price-cut activity from Realtor.com, additional housing signals from Redfin, demographic and housing-stock data from the U.S. Census Bureau, mortgage and macroeconomic series from FRED, and employment figures from the Bureau of Labor Statistics and the Bureau of Economic Analysis. The PropertyIQ Score itself is recomputed every month once the new source data lands, so the score and its four underlying inputs always reflect the most recent complete reporting period rather than a static snapshot. Because official housing data is typically released with a short lag, the current-through date usually trails the present by a few weeks, which is normal across the industry and not a sign the data is out of date.