In-depth Real Estate Data: Communities

Magnolia Park Terrace Research, Pricing, and Statistics

From October 4th, 2024 through April 2nd, 2025

Units Sold:

3

Average Sold Price:

$218,933

Average Sold Discount:

12%

Average Price Reduction:

6%

Average DOM:

97

Magnolia Park Terrace offers a diverse selection of homes, with 29 properties currently for sale. Average list prices are around $257,884, with sizes ranging from 602 to 4,303 sq ft. Whether you're looking for a cozy 2-bedroom or a spacious 3-bedroom, this community has options to fit various needs and budgets.

Active Listings

31

Average List Price

$255,324

Typical List Price

$160k to $332k

Homes Listed per Price Range

A visual list price spectrum representation

$99kto$209k$209kto$319k$319kto$428k$428kto$520k
202514864

Sold Listings

3

Average Selling Price

$218,933

Typical Selling Price

$121k to $293k

Homes Sold per Price Range

A visual sold price spectrum representation

$70kto$243k$243kto$415k
202522

Average Sold Price per Sq Ft

$195

Typical Sold Price per Sq Ft

$158 to $221

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$92to$146$146to$200
202512

Average Days to Sell

97

Typical Days to Sell

21 to 136

Days on the Market Distribution

The number of homes sold in each DOM range

19to134134to249
202522

Average Price Reduction

6%

Typical Price Reduction

0% to 9%

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.)

-1%to4%4%to10%10%to15%15%to20%20%to25%25%to30%30%to35%35%to40%40%to45%45%to48%
202527121412

Average Discount from Original List

12%

Typical Sold Discount from Original List

5% to 18%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

1%to14%14%to26%
202522

Average Discount from Last List

12%

Typical Sold Discount from Last List

5% to 17%

Negotiated Disocunts from Final List Price

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

1%to13%13%to24%
202522

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.