Homes for Sale in North Logan, Utah

North Logan’s residential market is currently in a cooling phase. The median closed price of $566,200 is 11 % higher than the Utah average, yet prices dropped sharply by 19.2 % from the prior month, and homes are staying on the market 20.7 % longer than the state norm (95 days vs 79 days). Single‑family homes dominate activity, with 12 of the 15 closed transactions in the last three months being SFRs and a median price of $585,000—up 23.9 % year‑over‑year—while townhomes/condos lag behind at a median of $338,250, down 6 % YoY. Inventory remains constrained: only 22 single‑family homes and 7 townhomes/condos are active, and the sale‑to‑list ratio of 96.8 % suggests sellers are still receiving near‑list offers, but the rising days‑on‑market indicate buyer caution. The broader economic backdrop reinforces the cooling trend. Over the past six months, the 30‑year mortgage rate has edged higher, climbing from a low of 6.06 % in February to 6.42 % in April, and the 30‑day trend is currently upward. Unemployment is stable (Utah 3.6 %, national 4.4 %) and consumer sentiment has plateaued around the mid‑50s, while housing starts have risen to 1.49 million units, indicating continued supply pipeline pressure. Recent statewide news notes mortgage rates are near a three‑year low, but the recent uptick aligns with the local price softening. Buyers in North Logan should leverage the modest price decline and longer market exposure to negotiate, but must be prepared for higher financing costs as rates resume their upward trajectory.