Inventory in Log Cabin has expanded over the past year, with active listings up sharply and sitting at 20 in the latest rolling three-month period. Even with more homes available, contract activity has picked up, as homes sold are up dramatically year over year and pending sales have more than doubled. New listings, however, have dropped significantly from a year ago, suggesting that much of the current choice comes from properties staying on the market longer rather than a steady flow of fresh options.
Pricing has adjusted downward in response to these conditions over this rolling three-month view. The typical home value is down compared with a year ago, and the median list price has fallen even more steeply year over year, pointing to sellers becoming more flexible to attract buyers.
Days on market have compressed notably, with the median now around a month and a half, a big shift from the much longer selling times seen last year, and months of supply have been cut by more than half, though they still signal ample inventory. No recent sales have closed above asking price, and the average sale-to-list ratio sits just above 95 percent, reinforcing that buyers often have room to negotiate while sellers still achieve most of their asking price. In this neutral market where leverage is more balanced, both buyers and sellers can benefit from Agent Pronto’s help connecting with a local agent who understands these shifting trends.
