$6,757 Closing Credit*
$569,000
2,052 SqFt
3 Beds
•3 Full Baths, 1 Partial
Devon Reyes, Alberto Reyes, Listing Office: League Real Estate
Housing Prices in Magnolia, TX
How much do homes in Magnolia, TX cost?
Median List Price
$425,000
$288/sqft
Based on all homes listed in the last 12 months.
Difference Since August 2023
+$104,050(+32.4%)
Key Takeaway
The list price of homes in Magnolia has increased by 32.4% since last year.
Summary: The median home list price in Magnolia was $425,000 in August 2024, up 32.4% from the previous year, and the median price per square foot was $288.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $314.9K | $395K | +25.4% |
| 2 Bedrooms | $447.5K | $400K | -10.6% |
| 3 Bedrooms | $283.5K | $597.5K | +110.8% |
| 4 Bedrooms | $289.5K | $361K | +24.7% |
| 5+ Bedrooms | $1.3M | $1.2M | -3.9% |
Summary: Magnolia housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25.4%, 2 bedroom homes decreased by 10.6%, 3 bedroom homes increased by 110.8%, 4 bedroom homes increased by 24.7%, and 5+ bedroom homes decreased by 3.9%.
Median List Price Compared To Nearby Neighborhoods
| Magnolia | $320.9K | $425K | +32.4% |
| Near Southside | $404.9K | $498.5K | +23.1% |
Housing Supply in Magnolia, TX
How many homes are available in Magnolia, TX?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 15 | 16 | +6.7% |
Summary: The Magnolia real estate market had 16 homes for sale in August 2024, a 6.7% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 7 | 6 | -14.3% |
| 3 Bedrooms | 6 | 7 | +16.7% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Magnolia housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Days on Market for Magnolia, TX
How long does it take to sell a home in Magnolia, TX?
Average Listing Age
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 204 Days | 95 Days | -53.4% |
Summary: Homes in Magnolia had an average listing age of 95 days in Aug 2024, down by 53.4% compared to the previous year.
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