The Magnolia housing market is very competitive. The median sale price of a home in Magnolia was $1.1M last month, down 11.5% since last year. The median sale price per square foot in Magnolia is $581, down 1.2% since last year.
What is the housing market like in Magnolia today?
In October 2025, Magnolia home prices were down 11.5% compared to last year, selling for a median price of $1.1M. On average, homes in Magnolia sell after 15 days on the market compared to 13 days last year. There were 95 homes sold in October this year, down from 104 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,100,000
-11.5% YoY | Oct 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2025
Growth
% YoY
Magnolia, WA
$1,100,000
-11.5%
United States
To compare other locations to the Magnolia and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Seattle add value to a home.
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How hot is the Magnolia housing market?
Magnolia is very competitive. Homes sell in 12 days.
0
100
81
Very 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 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 12 days.
Hot homes
can sell for around list price and go pending in around 6 days.
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2025
Growth
% YoY
Magnolia, WA
99.8%
+0.7 pt
United States
Home offer insights for Magnolia
Explore recent offers and recently sold homes in Magnolia
Recent offers
Offer Not Accepted|
9 Weeks Ago
~$1.75M Offer
Sold for $2M
4bd | 2.5ba | ~2,250sqft
Over List Price
4%
Days on Market
8
Competing Offers
5
Down Payment
~20%
Kendall Overton
Magnolia Redfin Agent
6 offers received for an updated home with no major repair issues. 4 of the 6 offers waived all contingencies. Winning offer escalated > 15% over list price.…
More
Offer Not Accepted|
12 Weeks Ago
~$1M Offer
Sold for $1M
3bd | 1ba | ~2,250sqft
Under List Price
5%
Days on Market
16
Competing Offers
0
Down Payment
~10%
Aaron Freeman
Magnolia Redfin Agent
An offer on 9/3/2025 was submitted two days after the property was listed, at $50,000 below the list price. The seller did not respond before the offer expired on 9/3/2025, opting to wait and see what developed over the weekend. On Monday, 9/8/2025, the buyer informed me that he was no longer interested in the property.…
More
View houses in Magnolia that sold recently
Recently sold homes
SOLD NOV 26, 2025
$385,000 Last Sold Price
1 bed
1 bath
704 sq ft
3200 W Commodore Way #207, Seattle, WA 98199
Joe Mustach • Windermere Real Estate/M2, LLC Keller Williams Realty Bothell
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 - Moderate
4% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Magnolia has a moderate risk of flooding. 221 properties in Magnolia are likely to be
severely affected
by flooding over the next 30 years. This represents 4% of all properties in Magnolia. Flood risk is increasing slower than the national average.
4% of properties are at risk of wildfire over the next 30 years
Fire Factor
Magnolia has a moderate risk of wildfire. There are 368 properties in Magnolia that have some risk of being affected by wildfire over the next 30 years. This represents 4% of all properties in Magnolia.