$4,323 Closing Credit*
$364,000
1,231 SqFt
3 Beds
•2 Full Baths
Steven Huddleston, Listing Office: Legendary Realty, LLC
Housing Prices in Magnolia Springs, AL
How much do homes in Magnolia Springs, AL cost?
Median List Price
$419,900
$232/sqft
Based on all homes listed in the last 12 months.
Difference Since October 2023
+$85,400(+25.5%)
Key Takeaway
The list price of homes in Magnolia Springs has increased by 25.5% since last year.
Summary: The median home list price in Magnolia Springs was $419,900 in October 2024, up 25.5% from the previous year, and the median price per square foot was $232.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $215K | $370K | +72.1% |
| 3 Bedrooms | $330K | $399K | +20.9% |
| 4 Bedrooms | $999K | $665K | -33.4% |
| 5+ Bedrooms | $745K | $1.3M | +84.6% |
Summary: Magnolia Springs housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 72.1%, 3 bedroom homes increased by 20.9%, 4 bedroom homes decreased by 33.4%, and 5+ bedroom homes increased by 84.6%.
Housing Supply in Magnolia Springs, AL
How many homes are available in Magnolia Springs, AL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 15 | +36.4% |
Summary: The Magnolia Springs real estate market had 15 homes for sale in October 2024, a 36.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 7 | 10 | +42.9% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Magnolia Springs housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 42.9%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Days on Market for Magnolia Springs, AL
How long does it take to sell a home in Magnolia Springs, AL?
Average Listing Age
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 147 Days | 140 Days | -4.3% |
Summary: Homes in Magnolia Springs had an average listing age of 140 days in Oct 2024, down by 4.3% compared to the previous year.
Listing information Copyright © 2024 Baldwin County Association of REALTORS®, Inc. All rights reserved. MLS IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.