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Featured local agent — Magnolia, DE
Sarah Mitchell
Compass Real Estate · Magnolia, DE
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Magnolia, DE Housing Market & Real Estate
Housing market overview · Updated monthly ·
$294,900median sale price
How is the Magnolia, DE housing market right now?
The median home sale price in Magnolia, DE is $294,900. Homes sell in an average of 192 days with 2 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Magnolia a buyer's or seller's market?
Magnolia, DE is currently a balanced market, based on 2.0 months of supply and homes selling in about 192 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
192
Average pace
Active listings
2
2.0 months supply
Sale-to-list
100.0%
Above asking
What does the Magnolia housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $294,900 |
| Median list price | $307,900 |
| Average days on market | 192 days |
| Active inventory | 2 listings |
| Months of supply | 2.0 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $124/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 1 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Magnolia by property type?
How the Magnolia, DE market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $294,900 | $124/sq ft | 1 | 192 days |
Source: Redfin · Updated monthly
The Magnolia housing market is currently classified as a balanced market with a median sale price of $294,900. Prices have fallen 0.0% compared to last year, with homes spending an average of 192 days on market, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.6x provides context for how home values compare to local earning capacity.
Homes for sale in Magnolia
There are currently 2 homes listed for sale in Magnolia, Delaware. The median listing price is $308K.
Active listings
2
Homes on market
Median list price
$308K
Avg. days on market
192
Days until sale
New this week
1
Newly listed
Who lives in Magnolia?
Population
237
Median income
$116,667/yr
Median age
53.8 years
Owner-occupied
77.8%
College grads
35.2%
Avg commute
23.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Magnolia?
Zillow home value
$423,191
Price-to-income
3.6x
Source: Zillow Research
What is it like to live in Magnolia?
Magnolia is a community of approximately 0K residents with a median age of 53.8 years.The median household income is $116,667, which reflects a relatively affluent area with strong earning potential. 35.2% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 77.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 23.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Magnolia offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Magnolia?
2 schools tracked · 913 students
The largest public schools serving Magnolia, DE by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
J. Ralph McIlvaine Early Childhood Center
Grades K · 479 students
Magnolia Middle School
Grades 6-8 · 434 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Magnolia, DE?
Want a head-to-head view? Compare Magnolia side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Magnolia?
The median home sale price in Magnolia is $294,900, down 0.0% from last year.
How long do homes stay on market in Magnolia?
Homes typically spend 192 days on market before going under contract.
What is the median income in Magnolia?
The median household income is $116,667 per year.
Is Magnolia a buyer's or seller's market?
With 2.0 months of supply, Magnolia is currently a balanced market.
What is the Zillow home value estimate for Magnolia?
The Zillow Home Value Index (ZHVI) for Magnolia is $423,191, representing the typical home value in the area.
How much does a single-family home cost in Magnolia?
The median single-family home price in Magnolia, DE is $294,900 (about $124 per square foot).
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