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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

$550,158

AVERAGE PRICE OF 925 HOMES

$60,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$2,862,516

AVERAGE PRICE OF 56 MULTI-MILLION DOLLAR HOMES

$385,105

AVERAGE PRICE OF 539 NEWLY BUILT HOMES

$1,633,064

AVERAGE PRICE OF 50 HOMES WITH A POOL

$393,461

AVERAGE PRICE OF 81 REDUCED PRICE HOMES

Average Home

Average Price $550,158
Avg Bedrooms 3.11 beds
Avg Bathrooms 2.46 baths

Average Price by Bedrooms

2 bedrooms $739,818
3 bedrooms $404,662
4 bedrooms $466,274
5 bedrooms $997,526
Magnolia Home Price Trends
  12/2022 11/2022 10/2022 9/2022 8/2022
Total Listings 933 980 1,024 1,024 968
Average Price $546,679 $568,254 $558,337 $559,917 $564,574
Avg Price Change -3.95% +1.78% -0.28% -0.83% +0.80%
Median Price $344,350 $352,493 $355,953 $368,029 $381,369
Med Price Change -2.36% -0.98% -3.39% -3.62% -0.97%
Avg Bedrooms 3.12 beds 3.13 beds 3.19 beds 3.21 beds 3.16 beds
Avg Bathrooms 2.48 baths 2.5 baths 2.55 baths 2.56 baths 2.55 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Lake Creek High School 6 $852,583 87 days
Magnolia High School 431 $570,968 135 days
Magnolia West High School 408 $492,593 118 days
Tomball High School 73 $751,667 107 days
Waller High School 7 $263,414 114 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 925 $550,158 125 days
Distressed Homes 1 $60,000 413 days
Multi-Million Dollar Homes 56 $2,862,516 190 days
Newly Built Homes 539 $385,105 121 days
Homes with a Pool 50 $1,633,064 102 days
Reduced Price Homes 81 $393,461 110 days