The Magnolia housing market is somewhat competitive. The median sale price of a home in Magnolia was $258K last month, down 4.6% since last year. The median sale price per square foot in Magnolia is $207, down 8.8% since last year.
What is the housing market like in Magnolia today?
In September 2024, Magnolia home prices were down 4.6% compared to last year, selling for a median price of $258K.
$258K
Sale Price
-4.6% since last year
$207
Sale $/Sq. Ft.
-8.8% since last year
Over List Price
0.3%
Days on Market
68.5
Down Payment
—
Total Homes Sold
1
To compare other locations to the Magnolia and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Magnolia's median sale price is 42% lower than the national average. Overall cost of living in Magnolia is 0% lower than the national average. Learn which home features in Magnolia add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
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How hot is the Magnolia housing market?
Magnolia is somewhat competitive. Homes sell in 68.5 days.
0
100
59
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
Some homes get multiple offers.
The average homes sell for around list price and go pending in around 69 days.
Hot homes
can sell for around list price and go pending in around 11 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Magnolia housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Magnolia.
Flood Factor - Minor
10% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Magnolia has a minor risk of flooding. 9 properties in Magnolia are likely to be
severely affected
by flooding over the next 30 years. This represents 10% of all properties in Magnolia. Flood risk is increasing slower than the national average.
99% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
Magnolia has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Magnolia is most at risk from hurricanes. 138 properties in Magnolia have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 111 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 127 mph.