$474 Closing Credit*
$39,900
1,064 SqFt
2 Beds
•2 Full Baths
Nicole A Manusakis, Listing Office: Keller Williams Legacy Group Realty
Is Magnolia, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$223,950
$120/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$38,450(+20.7%)
Key Takeaway
Homes in Magnolia have sold for 20.7% more than they did a year ago.
Summary: The median home sold price in Magnolia was $223,950 in October 2024, up 20.7% from last year, and the median price per square foot was $120.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $174K | $145K | -16.7% |
| 3 Bedrooms | $164.5K | $223.9K | +36.1% |
| 4 Bedrooms | $265K | $394.9K | +49.0% |
| 5+ Bedrooms | - | $280K | N/A |
Summary: Magnolia 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 decreased by 16.7%, 3 bedroom homes increased by 36.1%, 4 bedroom homes increased by 49%, and 5+ bedroom homes did not change.
Housing Supply in Magnolia, OH
How many homes are available in Magnolia, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Summary: The Magnolia real estate market had 6 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 3 | 4 | +33.3% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Magnolia 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 33.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were 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. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Magnolia in October 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 37 Days | 25 Days | -32.4% |
Summary: Homes in Magnolia had an average of 25 days on market in Oct 2024, down by 32.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Magnolia are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in Magnolia; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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