$949 Closing Credit*
$79,900
925 SqFt
3 Beds
•1 Full Bath
BARD ROCKENBACH JR, Listing Office: WHOLESALE REALTY LLC
Is Magnolia Gardens, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, Magnolia Gardens was a Seller's Market.
Key Takeaway
Magnolia Gardens is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Magnolia Gardens, FL
How much do homes in Magnolia Gardens, FL cost?
Median Sold Price
$150,000
$134/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$11,500(+8.3%)
Key Takeaway
Homes in Magnolia Gardens have sold for 8.3% more than they did a year ago.
Summary: The median home sold price in Magnolia Gardens was $150,000 in December 2024, up 8.3% from last year, and the median price per square foot was $134.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $109.2K | $77.5K | -29.1% |
| 3 Bedrooms | $137.5K | $139.9K | +1.8% |
| 4 Bedrooms | $139.2K | $219.4K | +57.6% |
| 5+ Bedrooms | $292.5K | $634.9K | +117.1% |
Summary: Magnolia Gardens housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 29.1%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 57.6%, and 5+ bedroom homes increased by 117.1%.
Median Sold Price Compared To Nearby Neighborhoods
| Magnolia Gardens | $138.5K | $150K | +8.3% |
| Edgewood Manor | $134.4K | $142K | +5.6% |
| Northwest Jacksonville | $228.9K | $226.6K | -1.0% |
Housing Supply in Magnolia Gardens, FL
How many homes are available in Magnolia Gardens, FL?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 23 | 24 | +4.3% |
Summary: The Magnolia Gardens real estate market had 24 homes for sale in December 2024, a 4.3% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 15 | 16 | +6.7% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Magnolia Gardens housing inventory by bedroom type for December 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 6.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
2 Homes Were 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 Gardens, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Magnolia Gardens in December 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Magnolia Gardens, FL
How long does it take to sell a home in Magnolia Gardens, FL?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 36 Days | 18 Days | -50.3% |
Summary: Homes in Magnolia Gardens had an average of 18 days on market in Dec 2024, down by 50.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Magnolia Gardens are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 3 homes were sold in Magnolia Gardens; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
© 2025 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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. This property is offered without respect to any protected classes in accordance with the law.