$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
$413,450
$231/sqft
Based on all homes listed in the last 12 months.
Difference Since November 2023
+$78,950(+23.6%)
Key Takeaway
The list price of homes in Magnolia Springs has increased by 23.6% since last year.
Summary: The median home list price in Magnolia Springs was $413,450 in November 2024, up 23.6% from the previous year, and the median price per square foot was $231.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 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 | $1.0M | +36.5% |
Summary: Magnolia Springs housing prices by bedroom type for November 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 36.5%.
Housing Supply in Magnolia Springs, AL
How many homes are available in Magnolia Springs, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 10 | -28.6% |
Summary: The Magnolia Springs real estate market had 10 homes for sale in November 2024, a 28.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 10 | 8 | -20.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Magnolia Springs housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 50%.
Days on Market for Magnolia Springs, AL
How long does it take to sell a home in Magnolia Springs, AL?
Average Listing Age
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 167 Days | 154 Days | -7.3% |
Summary: Homes in Magnolia Springs had an average listing age of 154 days in Nov 2024, down by 7.3% 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.