The Magnolia Park housing market is somewhat competitive. The median sale price of a home in Magnolia Park was $360K last month, up 4.3% since last year. The median sale price per square foot in Magnolia Park is $120, down 25.9% since last year.
What is the housing market like in Magnolia Park today?
In October 2024, Magnolia Park home prices were up 4.3% compared to last year, selling for a median price of $360K. On average, homes in Magnolia Park sell after 48 days on the market compared to 8 days last year. There were 7 homes sold in October this year, up from 6 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$360,000
+4.3% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Magnolia Park, LA
$360,000
+4.3%
United States
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How hot is the Magnolia Park housing market?
Magnolia Park is somewhat competitive. Homes sell in 42 days.
0
100
32
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 12 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 42 days.
Hot homes
can sell for around list price and go pending in around 11 days.
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 Park housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Magnolia Park.
Flood Factor - Minor
10% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Magnolia Park has a minor risk of flooding. 54 properties in Magnolia Park are likely to be
severely affected
by flooding over the next 30 years. This represents 10% of all properties in Magnolia Park. Flood risk is increasing slower than the national average.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Magnolia Park has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Magnolia Park is most at risk from hurricanes. 822 properties in Magnolia Park 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 150 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 155 mph.