In-depth Real Estate Data: Major Markets

Magnolia Research, Pricing, and Statistics

From July 22nd, 2024 through January 18th, 2025

Units Sold:

786

Average Sold Price:

$408,428

Average Sold Discount:

6%

Average Price Reduction:

3%

Average DOM:

86

The Magnolia market area in Houston offers a diverse selection of homes, with 850 active listings ranging from $120,000 to $5,649,000. The average home price is $542,188, featuring sizes from 440 to 9,518 sq ft. With a variety of builders and options, it's an exciting time for buyers and sellers alike!

Active Listings

826

Average List Price

$514,493

Typical List Price

$295k to $625k

Homes Listed per Price Range

A visual list price spectrum representation

$115kto$392k$392kto$668k$668kto$945k$945kto$1.2M$1.2Mto$1.5M$1.5Mto$1.8M$1.8Mto$2.1M$2.1Mto$2.3M$2.3Mto$2.6M$2.6Mto$2.9M$2.9Mto$3.2M$3.2Mto$3.4M$3.4Mto$3.7M$3.7Mto$4.0M$4.0Mto$4.3M$4.3Mto$4.5M$4.5Mto$4.8M$4.8Mto$5.1M$5.1Mto$5.4M$5.4Mto$5.6M
20254701761143210753321112

Sold Listings

786

Average Selling Price

$408,428

Typical Selling Price

$254k to $431k

Homes Sold per Price Range

A visual sold price spectrum representation

$1kto$414k$414kto$826k$826kto$1.2M$1.2Mto$1.7M$1.7Mto$2.1M$2.1Mto$2.5M$2.5Mto$2.9M$2.9Mto$3.3M$3.3Mto$3.7M$3.7Mto$4.1M$4.1Mto$4.5M$4.5Mto$5.0M$5.0Mto$5.4M$5.4Mto$5.8M$5.8Mto$6.2M$6.2Mto$6.6M$6.6Mto$7.0M$7.0Mto$7.4M$7.4Mto$7.8M$7.8Mto$8.3M
2025575143441532212

Average Sold Price per Sq Ft

$198

Typical Sold Price per Sq Ft

$153 to $218

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

to$123$123to$245$245to$368$368to$490$490to$613$613to$736$736to$858$858to$981$981to$1,103$1,103to$1,226$1,226to$1,348$1,348to$1,471$1,471to$1,593$1,593to$1,716$1,716to$1,838$1,838to$1,961$1,961to$2,083$2,083to$2,206$2,206to$2,328$2,328to$2,451
202593559654212

Average Days to Sell

86

Typical Days to Sell

16 to 117

Days on the Market Distribution

The number of homes sold in each DOM range

to7373to146146to219219to292292to365365to438438to511511to584584to657657to730730to803803to876876to949949to1,0221,022to1,0951,095to1,1681,168to1,2411,241to1,3141,314to1,3871,387to1,460
20254741796725239321112

Average Price Reduction

3%

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.)

-6%to-4%-4%to-3%-3%to-1%-1%to0%0%to2%2%to3%3%to5%5%to7%7%to8%8%to10%10%to11%11%to13%13%to14%14%to16%16%to18%18%to19%19%to21%21%to22%22%to24%24%to25%
202527236697988878552604030266841215

Average Discount from Original List

6%

Typical Sold Discount from Original List

0% to 9%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-14%to-11%-11%to-8%-8%to-5%-5%to-2%-2%to1%1%to4%4%to7%7%to10%10%to13%13%to16%16%to19%19%to22%22%to25%25%to28%28%to31%31%to34%34%to37%37%to40%40%to43%43%to46%
202534419206126150108674020118911112

Average Discount from Last List

2%

Typical Sold Discount from Last List

0% to 5%

Negotiated Disocunts from Final List Price

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

-25%to-22%-22%to-19%-19%to-15%-15%to-12%-12%to-9%-9%to-6%-6%to-3%-3%to0%0%to4%4%to7%7%to10%10%to13%13%to16%16%to19%19%to23%23%to26%26%to29%29%to32%32%to35%35%to38%
202511732133318812357261056312

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.