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Magnolia

Why you'd want to live in Magnolia

Magnolia, Texas is located in southwest Montgomery County, nationally ranked as 7th in growth among U.S. counties. A short drive from Houston, Magnolia is poised for expansion with the arrival of the SH 249 Toll Way and major corporations like ExxonMobil moving into the area. At the crossroads of progress Magnolia is still a place where neighbors help neighbors—a place to call home or grow your business. via cityofmagnolia.com

Magnolia Market Report

$563,564

AVERAGE PRICE OF 1,028 HOMES

$60,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$2,516,282

AVERAGE PRICE OF 70 MULTI-MILLION DOLLAR HOMES

$406,864

AVERAGE PRICE OF 608 NEWLY BUILT HOMES

$1,563,080

AVERAGE PRICE OF 69 HOMES WITH A POOL

$461,526

AVERAGE PRICE OF 67 REDUCED PRICE HOMES

Average Home

Average Price $563,564
Avg Bedrooms 3.21 beds
Avg Bathrooms 2.57 baths

Average Price by Bedrooms

2 bedrooms $488,840
3 bedrooms $422,911
4 bedrooms $506,906
5 bedrooms $986,917
Magnolia Home Price Trends
  9/2022 8/2022 7/2022 6/2022 5/2022
Total Listings 1,024 968 951 n/a n/a
Average Price $559,917 $564,574 $560,077 n/a n/a
Avg Price Change -0.83% +0.80% n/a n/a n/a
Median Price $368,029 $381,369 $385,074 n/a n/a
Med Price Change -3.62% -0.97% n/a n/a n/a
Avg Bedrooms 3.21 beds 3.16 beds 3.11 beds n/a n/a
Avg Bathrooms 2.56 baths 2.55 baths 2.51 baths n/a n/a
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Lake Creek High School 6 $975,583 47 days
Magnolia High School 509 $593,133 102 days
Magnolia West High School 431 $495,328 103 days
Tomball High School 74 $742,209 99 days
Waller High School 6 $384,581 81 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,028 $563,564 102 days
Distressed Homes 1 $60,000 295 days
Multi-Million Dollar Homes 70 $2,516,282 132 days
Newly Built Homes 608 $406,864 101 days
Homes with a Pool 69 $1,563,080 72 days
Reduced Price Homes 67 $461,526 75 days