diff --git a/fs/xfs/xfs_trans_inode.c b/fs/xfs/xfs_trans_inode.c
index 225544327c4f..4a89da4b6fe7 100644
--- a/fs/xfs/xfs_trans_inode.c
+++ b/fs/xfs/xfs_trans_inode.c
@@ -112,15 +112,17 @@ xfs_trans_log_inode(
 
 	/*
 	 * First time we log the inode in a transaction, bump the inode change
-	 * counter if it is configured for this to occur. We don't use
-	 * inode_inc_version() because there is no need for extra locking around
-	 * i_version as we already hold the inode locked exclusively for
-	 * metadata modification.
+	 * counter if it is configured for this to occur. While we have the
+	 * inode locked exclusively for metadata modification, we can usually
+	 * avoid setting XFS_ILOG_CORE if no one has queried the value since
+	 * the last time it was incremented. If we have XFS_ILOG_CORE already
+	 * set however, then go ahead and bump the i_version counter
+	 * unconditionally.
 	 */
 	if (!(ip->i_itemp->ili_item.li_desc->lid_flags & XFS_LID_DIRTY) &&
 	    IS_I_VERSION(VFS_I(ip))) {
-		inode_inc_iversion(VFS_I(ip));
-		flags |= XFS_ILOG_CORE;
+		if (inode_maybe_inc_iversion(VFS_I(ip), flags & XFS_ILOG_CORE))
+			flags |= XFS_ILOG_CORE;
 	}
 
 	tp->t_flags |= XFS_TRANS_DIRTY;