Magnolia Market Report
$519,833
AVERAGE PRICE OF 1,032 HOMES$117,500
AVERAGE PRICE OF 2 DISTRESSED HOMES$2,290,180
AVERAGE PRICE OF 65 MULTI-MILLION DOLLAR HOMES$382,227
AVERAGE PRICE OF 621 NEWLY BUILT HOMES$1,336,506
AVERAGE PRICE OF 61 HOMES WITH A POOL$432,729
AVERAGE PRICE OF 84 REDUCED PRICE HOMESAverage Home
| Average Price | $519,833 |
| Avg Bedrooms | 3.24 beds |
| Avg Bathrooms | 2.54 baths |
Average Price by Bedrooms
| 1 bedroom | $650,000 |
| 2 bedrooms | $603,669 |
| 3 bedrooms | $389,917 |
| 4 bedrooms | $485,602 |
| 5 bedrooms | $755,552 |
Magnolia Home Price Trends
| 8/2023 | 7/2023 | 6/2023 | 5/2023 | 4/2023 | |
|---|---|---|---|---|---|
| Total Listings | 1,001 | 1,005 | 977 | 952 | 960 |
| Average Price | $530,350 | $502,397 | $505,211 | $523,064 | $538,870 |
| Avg Price Change | +5.56% | -0.56% | -3.53% | -3.02% | -1.25% |
| Median Price | $349,671 | $348,571 | $339,591 | $346,626 | $350,492 |
| Med Price Change | +0.32% | +2.64% | -2.07% | -1.12% | +0.90% |
| Avg Bedrooms | 3.24 beds | 3.24 beds | 3.18 beds | 3.14 beds | 3.12 beds |
| Avg Bathrooms | 2.54 baths | 2.53 baths | 2.48 baths | 2.49 baths | 2.49 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Lake Creek High School | 7 | $680,200 | 58 days |
| Magnolia High School | 442 | $626,550 | 93 days |
| Magnolia West High School | 482 | $435,328 | 103 days |
| Tomball High School | 90 | $451,005 | 103 days |
| Waller High School | 9 | $404,763 | 100 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 1,032 | $519,833 | 98 days |
| Distressed Homes | 2 | $117,500 | 344 days |
| Multi-Million Dollar Homes | 65 | $2,290,180 | 150 days |
| Newly Built Homes | 621 | $382,227 | 85 days |
| Homes with a Pool | 61 | $1,336,506 | 70 days |
| Reduced Price Homes | 84 | $432,729 | 75 days |
