Magnolia, TX Home Values & Market Trends
Real estate market trends reflect that there have been 1,103 transactions over the past year in Magnolia. The median value for residential home transactions that occurred over the previous year is $401,705.91. The number of current listings in Magnolia is 29, and the percentage of properties for sale in the city is 29.00%. Magnolia, TX currently has 18 properties in foreclosure, 2 bank owned properties, 16 properties headed for auction, and 29 properties for sale.
Magnolia, TX Real Estate Market Overview
Housing Market Summary for Magnolia, TX
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $399.5K | $399K | -0.12% |
Median Sold Price | $396.9K | $399K | 0.53% |
Homes For Sale | 24 | 29 | 20.83% |
Homes Sold | 505 | 458 | -9.31% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Magnolia, TX
Browse Homes in Magnolia, TX
Magnolia home values range from $20,149 to $8,500,000. The median estimated value of a home in Magnolia is $401,705.91. The median list price of a home is 390,000, and the total count of properties in the city is 25,836.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Magnolia, TX with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within Magnolia, TX; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Magnolia, TX ranges from the highest value of $185,300 in 77354 to the lowest value of $185,300 in 77355. Bank owned homes and properties account for 0.01% of properties in Magnolia, TX. There are 2 zips within Magnolia, TX; 77355 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions77355 has 9 auction properties, the highest number of properties going to auction in a single zip in the state of Magnolia, TX. Auction homes and other auction properties account for 0.06% of all properties in Magnolia, TX. There are 2 zips within Magnolia, TX; of those zips, the median estimated home value for homes going to auction ranges from $907,812 in 77354 to the lowest value of $229,100 in 77354.
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Guide for Magnolia, TX
Learn the pros and cons of buying a foreclosed property and invest in a foreclosure with confidence
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