In-depth Real Estate Data: Cities & Towns

Magnolia Research, Pricing, and Statistics

From May 25th, 2024 through November 21st, 2024

Units Sold:

950

Average Sold Price:

$426,137

Average Sold Discount:

5%

Average Price Reduction:

2%

Average DOM:

87

Magnolia offers a diverse real estate market with 931 active listings, featuring homes from builders like Perry Homes and DR Horton. Prices range from $260,490 to $7,500,000, with an average list price of $512,199. Homes vary in size from 864 to 12,393 sq ft, making it an appealing option for buyers and sellers alike.

Active Listings

935

Average List Price

$513,633

Typical List Price

$293k to $575k

Homes Listed per Price Range

A visual list price spectrum representation

$115kto$1.1M$1.1Mto$2.1M$2.1Mto$3.1M$3.1Mto$4.1M$4.1Mto$5.0M$5.0Mto$6.0M$6.0Mto$7.0M$7.0Mto$8.0M$8.0Mto$9.0M$9.0Mto$10.0M$10.0Mto$10.9M$10.9Mto$11.9M$11.9Mto$12.9M$12.9Mto$13.9M$13.9Mto$14.9M$14.9Mto$15.9M$15.9Mto$16.8M$16.8Mto$17.8M$17.8Mto$18.8M$18.8Mto$19.8M
20248834261112

Sold Listings

950

Average Selling Price

$426,137

Typical Selling Price

$273k to $500k

Homes Sold per Price Range

A visual sold price spectrum representation

$44kto$252k$252kto$460k$460kto$667k$667kto$875k$875kto$1.1M$1.1Mto$1.3M$1.3Mto$1.5M$1.5Mto$1.7M$1.7Mto$1.9M$1.9Mto$2.1M$2.1Mto$2.3M$2.3Mto$2.5M$2.5Mto$2.7M$2.7Mto$3.0M$3.0Mto$3.2M$3.2Mto$3.4M$3.4Mto$3.6M$3.6Mto$3.8M$3.8Mto$4.0M$4.0Mto$4.2M
2024145542131783074712112

Average Sold Price per Sq Ft

$198

Typical Sold Price per Sq Ft

$154 to $209

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$56to$98$98to$140$140to$182$182to$224$224to$266$266to$308$308to$350$350to$392$392to$434$434to$476$476to$518$518to$560$560to$602$602to$644$644to$685$685to$727$727to$769$769to$811$811to$853$853to$895
2024714339821174249522112

Average Days to Sell

87

Typical Days to Sell

12 to 119

Days on the Market Distribution

The number of homes sold in each DOM range

to6565to130130to195195to259259to324324to389389to454454to519519to584584to649649to713713to778778to843843to908908to973973to1,0381,038to1,1021,102to1,1671,167to1,2321,232to1,297
202455917096623393661123

Average Price Reduction

2%

Typical Price Reduction

0% to 4%

Price Reduction Distribution

Shows the number of homes within each price reduction bracket. If you were clothes shopping, this would be like counting how many shirts were on each of the various clearance racks (5%, 10%, etc.)

-35%to-31%-31%to-27%-27%to-23%-23%to-20%-20%to-16%-16%to-12%-12%to-8%-8%to-5%-5%to-1%-1%to3%3%to7%7%to10%10%to14%14%to18%18%to22%22%to26%26%to29%29%to33%33%to37%37%to41%
202411436711,68141817893431831122

Average Discount from Original List

5%

Typical Sold Discount from Original List

0% to 8%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-47%to-42%-42%to-38%-38%to-34%-34%to-29%-29%to-25%-25%to-20%-20%to-16%-16%to-11%-11%to-7%-7%to-3%-3%to2%2%to6%6%to11%11%to15%15%to19%19%to24%24%to28%28%to33%33%to37%37%to42%
20241113226309284168100201210243

Average Discount from Last List

3%

Typical Sold Discount from Last List

0% to 4%

Negotiated Disocunts from Final List Price

The percentage difference between final list price and closed price, distributed

-47%to-42%-42%to-38%-38%to-34%-34%to-29%-29%to-25%-25%to-21%-21%to-16%-16%to-12%-12%to-8%-8%to-3%-3%to1%1%to5%5%to10%10%to14%14%to18%18%to23%23%to27%27%to32%32%to36%36%to40%
20241113273923421153814853

About Our Data

All analysis, rankings, ratings, and throughout this site are generated by us here at Icon Real Estate. All raw data comes from the Houston Association of Realtors (HAR, HRIS) – but you're not viewing raw data. We track, categorize, analyze, and rank everything from zip codes to school zones based on geographic (boundary) data that is either (a) provided by local jurisdictions, (b) purchased from third-party sources, or (c) hand-drawn by our team.

Builder statistics rely heavily on our local knowledge and familiarity with the marketing (listing) practices of major local builders. It's not an exact science, but we're pretty accurate in assigning listings to the correct builder. We leverage a bit of AI in that process as well.

It's all good stuff, and we're pretty confident you'll find it useful. But just FYI - no warranties or guarantees. Let us know if you're looking for something you don't see here.