Housing Prices in Magnolia, TX

How much do homes in Magnolia, TX cost?

Median List Price

$558,250

$272/sqft

Based on all homes listed in the last 12 months.

Difference Since November 2023

+$238,350(+74.5%)

Key Takeaway

The list price of homes in Magnolia has increased by 74.5% since last year.

Summary: The median home list price in Magnolia was $558,250 in November 2024, up 74.5% from the previous year, and the median price per square foot was $272.

Median List Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $314.9K$415K
+31.8%
2 $514.9K$250K
-51.5%
3 $283.5K$574.5K
+102.6%
4 $299K$405K
+35.5%
5+ $1.3M$705K
-47.7%

Summary: Magnolia housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 31.8%, 2 bedroom homes decreased by 51.5%, 3 bedroom homes increased by 102.6%, 4 bedroom homes increased by 35.5%, and 5+ bedroom homes decreased by 47.7%.

Median List Price Compared To Nearby Neighborhoods

Magnolia
+74.5%
Near Southside
+19.3%

Housing Supply in Magnolia, TX

How many homes are available in Magnolia, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1615-6.3%

Summary: The Magnolia real estate market had 15 homes for sale in November 2024, a 6.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 31
-66.7%
3 1110
-9.1%
4 23
+50.0%
5+ 01
+100.0%

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 decreased by 66.7%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.

Days on Market for Magnolia, TX

How long does it take to sell a home in Magnolia, TX?

Average Listing Age

Nov 2023Nov 2024CHANGE
510 Days140 Days-72.5%

Summary: Homes in Magnolia had an average listing age of 140 days in Nov 2024, down by 72.5% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

Newest Listings in Magnolia, TX

Nearby Markets to Magnolia, TX