Magna, UT Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Magna, UT is $420,000, down 5.1% year-over-year. Homes sell in an average of 76 days with 100 active listings. The market is currently a balanced market.
$420,000median sale price
Is Magna a buyer's or seller's market?
Magna, UT is currently a balanced market, based on 3.2 months of supply and homes selling in about 76 days. How we determine this →
Homes sold
31
Last 12 weeks
Days on market
76
Average pace
Active listings
100
3.2 months supply
Sale-to-list
98.0%
Below asking
Magna, UT market data
| Metric | Value |
|---|---|
| Median sale price | $420,000 |
| Median list price | $450,000 |
| Year-over-year price change | -5.1% |
| Average days on market | 76 days |
| Active inventory | 100 listings |
| Months of supply | 3.2 months |
| Sale-to-list price ratio | 98.0% |
| Market condition | Balanced market |
Source: Redfin · Updated weekly
The Magna housing market is currently classified as a balanced market with a median sale price of $420,000. Prices have fallen 5.1% compared to last year, with homes spending an average of 76 days on market, indicating 3.2 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 Magna
There are currently 100 homes listed for sale in Magna, Utah. The median listing price is $450K.
Active listings
100
Homes on market
Median list price
$450K
Avg. days on market
76
Days until sale
New this week
27
Newly listed
Top public schools in Magna
8 schools tracked · 6,871 students
The largest public schools serving Magna, UT 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.
Cyprus High
Grades 9-12 · 2,772 students
Scott M Matheson Jr High
Grades 7-8 · 1,063 students
Elk Run Elementary
Grades PK-6 · 679 students
Magna School
Grades PK-6 · 554 students
Entheos Academy Magna
Grades K-9 · 495 students
Pleasant Green School
Grades PK-6 · 475 students
Copper Hills School
Grades PK-6 · 435 students
Lake Ridge School
Grades PK-6 · 398 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
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Frequently asked questions
What is the average home price in Magna?
The median home sale price in Magna is $420,000, down 5.1% from last year.
How long do homes stay on market in Magna?
Homes typically spend 76 days on market before going under contract.
Is Magna a buyer's or seller's market?
With 3.2 months of supply, Magna is currently a balanced market.
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