In-depth Real Estate Data: Local Markets

Magnolia Park Research, Pricing, and Statistics

From May 26th, 2024 through November 22nd, 2024

Units Sold:

30

Average Sold Price:

$207,910

Average Sold Discount:

12%

Average Price Reduction:

4%

Average DOM:

112

Magnolia Park offers a diverse real estate market with 60 homes for sale, featuring average list prices around $388,372. Homes range from cozy 602 sq ft to spacious 29,789 sq ft, with lot sizes averaging 5,551 sq ft. Whether you're buying or selling, there's a variety of options to explore!

Active Listings

62

Average List Price

$389,941

Typical List Price

$214k to $390k

Homes Listed per Price Range

A visual list price spectrum representation

$99kto$274k$274kto$449k$449kto$624k$624kto$799k$799kto$974k$974kto$1.1M$1.1Mto$1.3M$1.3Mto$1.5M$1.5Mto$1.7M$1.7Mto$1.8M$1.8Mto$2.0M$2.0Mto$2.2M$2.2Mto$2.4M$2.4Mto$2.5M$2.5Mto$2.7M$2.7Mto$2.9M$2.9Mto$3.1M$3.1Mto$3.2M$3.2Mto$3.4M$3.4Mto$3.6M
202421316212

Sold Listings

30

Average Selling Price

$207,910

Typical Selling Price

$126k to $259k

Homes Sold per Price Range

A visual sold price spectrum representation

$2kto$88k$88kto$174k$174kto$259k$259kto$345k$345kto$431k$431kto$517k$517kto$555k
20244117342

Average Sold Price per Sq Ft

$205

Typical Sold Price per Sq Ft

$174 to $245

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$1to$48$48to$94$94to$140$140to$187$187to$233$233to$279
2024113583

Average Days to Sell

112

Typical Days to Sell

35 to 153

Days on the Market Distribution

The number of homes sold in each DOM range

to7676to152152to228228to304304to380380to428
20241664113

Average Price Reduction

4%

Typical Price Reduction

0% to 5%

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.)

-23%to-19%-19%to-15%-15%to-12%-12%to-8%-8%to-5%-5%to-1%-1%to2%2%to6%6%to9%9%to13%13%to17%17%to20%20%to24%24%to27%27%to31%31%to34%34%to38%38%to41%41%to45%45%to48%
2024116711724321112

Average Discount from Original List

12%

Typical Sold Discount from Original List

0% to 17%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

0%to6%6%to11%11%to17%17%to23%23%to29%29%to34%34%to40%
202412622124

Average Discount from Last List

6%

Typical Sold Discount from Last List

0% to 11%

Negotiated Disocunts from Final List Price

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

0%to5%5%to9%9%to14%14%to19%19%to23%23%to28%28%to32%
2024145812

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.