$1,602 Closing Credit*
$134,900
2,369 SqFt
3 Beds
•2 Full Baths, 1 Partial
#24044964, Todd Whatley, Listing Office: Century 21 United
Is Magnolia, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Magnolia has remained a Buyer's Market.
Key Takeaway
Magnolia is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Magnolia, AR
How much do homes in Magnolia, AR cost?
Median Sold Price
$261,100
$152/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$76,100(+41.1%)
Key Takeaway
Homes in Magnolia have sold for 41.1% more than they did a month ago.
Summary: The median home sold price in Magnolia was $261,100 in November 2024, up 41.1% from last month, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $222.2K | N/A |
| 3 Bedrooms | $185K | - | N/A |
| 4 Bedrooms | - | $300K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Magnolia housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Magnolia | $185K | $261.1K | +41.1% |
| Magnolia Township | $185K | $261.1K | +41.1% |
Housing Supply in Magnolia, AR
How many homes are available in Magnolia, AR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 18 | +5.9% |
Summary: The Magnolia real estate market had 18 homes for sale in November 2024, a 5.9% increase 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 | 2 | 3 | +50.0% |
| 3 Bedrooms | 8 | 8 | 0.0% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Magnolia 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 increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Magnolia, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Magnolia in November 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Magnolia, AR
We’re sorry, we don't have information for this market at the moment
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Cooperative Arkansas REALTORS® Multiple Listing Services, Inc. Real estate listings, held by brokerage firms other than this broker, are marked with the Broker Reciprocity℠ logo and information about them includes the name of the listing brokers. The IDX information is provided exclusively for consumers’ personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2024 Cooperative Arkansas Realtors MLS. All Rights Reserved.