The Magnolia Center housing market is very competitive. The median sale price of a home in Magnolia Center was $525K last month, down 2.3% since last year. The median sale price per square foot in Magnolia Center is $494, up 34.6% since last year.
What is the housing market like in Magnolia Center today?
In March 2024, Magnolia Center home prices were down 2.3% compared to last year, selling for a median price of $525K. On average, homes in Magnolia Center sell after 31 days on the market compared to 63 days last year. There were 17 homes sold in March this year, down from 23 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$525,000
-2.3% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Magnolia Center, CA
$525,000
-2.3%
United States
To compare other locations to the Magnolia Center and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Riverside add value to a home.
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How hot is the Magnolia Center housing market?
Magnolia Center is very competitive. Homes sell in 18 days.
0
100
78
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 6 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% above list price and go pending in around 18 days.
Hot homes
can sell for about 6% above list price and go pending in around 8 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
7/10
Summit View Independent Study School
Public • K-12 • Choice school
253
Students
3 reviews
7/10
Pachappa Elementary School
Public • K-6
760
Students
7 reviews
6/10
Magnolia Elementary School
Public • K-6
614
Students
9 reviews
6/10
Madison Elementary School
Public • K-6
730
Students
5 reviews
5/10
Mountain View Elementary School
Public • K-6
833
Students
3 reviews
Only showing 5 of
7 elementary schools.
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 Center housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Magnolia Center.
Risk Factor
Flood Factor - Minor
17% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Magnolia Center has a minor risk of flooding. 305 properties in Magnolia Center are likely to be
severely affected
by flooding over the next 30 years. This represents 17% of all properties in Magnolia Center. Flood risk is increasing slower than the national average.
100% of properties are at risk of wildfire over the next 30 years
Fire Factor
Magnolia Center has a moderate risk of wildfire. There are 4,359 properties in Magnolia Center that have some risk of being affected by wildfire over the next 30 years. This represents 100% of all properties in Magnolia Center.
Magnolia Center has minimal risk of severe winds over the next 30 years
Wind Factor
Magnolia Center has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.
100% of properties are at severe
risk of heat over the next 30 years
Heat Factor
Magnolia Center has a severe risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Magnolia Center have a Severe Heat Factor®.
Magnolia Center is expected to see a 185% increase in the number of days over 103ºF over the next 30 years. Magnolia Center is expected to experience 8