Housing Prices in Magna, UT

How much do homes in Magna, UT cost?

Median List Price

$455,000

$234/sqft

Based on all homes listed in October 2024.

Difference Since Last Month

+$2,975(+0.7%)

Key Takeaway

The list price of homes in Magna has increased by 0.7% since September.

Summary: The median home list price in Magna was $455,000 in October 2024, up 0.7% from the previous month, and the median price per square foot was $234.

Median List Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $419K$315K
-24.8%
3 $420K$415K
-1.2%
4 $475K$480K
+1.1%
5+ $545K$522.4K
-4.1%

Summary: Magna housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 24.8%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes decreased by 4.1%.

Median List Price Compared To Nearby Cities

West Valley City
+1.0%
Magna
+0.7%
West Jordan
-0.1%
Salt Lake City
-0.3%
Bingham Canyon
-85.4%

Housing Supply in Magna, UT

How many homes are available in Magna, UT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
98137+39.8%

Summary: The Magna real estate market had 137 homes for sale in October 2024, a 39.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 13
+200.0%
3 4863
+31.3%
4 3243
+34.4%
5+ 1728
+64.7%

Summary: The Magna 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 increased by 200%, 3 bedroom homes increased by 31.3%, 4 bedroom homes increased by 34.4%, and 5+ bedroom homes increased by 64.7%.

Days on Market for Magna, UT

How long does it take to sell a home in Magna, UT?

Average Listing Age

Sep 2024Oct 2024CHANGE
48 Days59 Days+21.0%

Summary: Homes in Magna had an average listing age of 59 days in Oct 2024, up by 21% compared to the previous month.

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

Report Updated 16 Days Ago

Newest Listings in Magna, UT

Nearby Markets to Magna, UT

What housing markets are near Magna, UT?