Magnolia, TX

Leaning buyer's-20.0% YoY

Housing market overview · Updated weekly

$229,990median sale price

Homes sold

23

Last 12 weeks

Days on market

64

Average pace

Active listings

70

3.0 months supply

Sale-to-list

89.2%

Below asking

The Magnolia housing market is currently classified as a leaning buyer's with a median sale price of $229,990. Prices have fallen 20.0% compared to last year, with homes spending an average of 64 days on market, indicating 3.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Magnolia

There are currently 70 homes listed for sale in Magnolia, Texas. The median listing price is $273K.

Active listings

70

Homes on market

Median list price

$273K

Avg. days on market

64

Days until sale

New this week

30

Newly listed

Price drops:51.4%of listings
Sale-to-list:89.2%

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Frequently asked questions

What is the average home price in Magnolia?

The median home sale price in Magnolia is $229,990, down 20.0% from last year.

How long do homes stay on market in Magnolia?

Homes typically spend 64 days on market before going under contract.

Is Magnolia a buyer's or seller's market?

With 3.0 months of supply, Magnolia is currently a leaning buyer's.

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