$3,918 Closing Credit*
$329,900
3,195 SqFt
5 Beds
•2 Full Baths
Lori L Reese, Listing Office: TG Real Estate
Is Magnolia, OH 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 was a Seller's Market.
Key Takeaway
Magnolia is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Magnolia, OH
How much do homes in Magnolia, OH cost?
Median Sold Price
$236,700
$134/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$44,250(+23.0%)
Key Takeaway
Homes in Magnolia have sold for 23% more than they did a year ago.
Summary: The median home sold price in Magnolia was $236,700 in December 2024, up 23% 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 | $174K | $145K | -16.7% |
| 3 Bedrooms | $179.9K | $236.7K | +31.5% |
| 4 Bedrooms | $265K | $394.9K | +49.0% |
| 5+ Bedrooms | - | $280K | N/A |
Summary: Magnolia 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 16.7%, 3 bedroom homes increased by 31.5%, 4 bedroom homes increased by 49%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Waynesburg | $146K | $202.5K | +38.7% |
| Sandy Township | $159K | $211.5K | +33.0% |
| Magnolia | $192.4K | $236.7K | +23.0% |
| Magnolia | $195K | $229.9K | +17.9% |
Housing Supply in Magnolia, OH
How many homes are available in Magnolia, OH?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 7 | 7 | 0.0% |
Summary: The Magnolia real estate market had 7 homes for sale in December 2024, the same as November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 5 | 4 | -20.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Magnolia 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 decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Magnolia, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Magnolia in December 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Magnolia, OH
How long does it take to sell a home in Magnolia, OH?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 7 Days | 40 Days | +471.4% |
Summary: Homes in Magnolia had an average of 40 days on market in Dec 2024, up by 471.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Magnolia has remained consistent over time.
Summary: During December 2024, 1 homes were sold in Magnolia; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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