Magnolia Market Report
$320,225
AVERAGE PRICE OF 61 HOMES$207,950
AVERAGE PRICE OF 4 DISTRESSED HOMES$1,100,000
AVERAGE PRICE OF 1 MULTI-MILLION DOLLAR HOMES$336,000
AVERAGE PRICE OF 8 NEWLY BUILT HOMES$217,450
AVERAGE PRICE OF 2 HOMES WITH A POOL$143,450
AVERAGE PRICE OF 2 REDUCED PRICE HOMESAverage Home
| Average Price | $320,225 |
| Avg Bedrooms | 3.23 beds |
| Avg Bathrooms | 2.49 baths |
Average Price by Bedrooms
| 2 bedrooms | $300,960 |
| 3 bedrooms | $256,583 |
| 4 bedrooms | $362,314 |
| 5 bedrooms | $444,890 |
Magnolia Home Price Trends
| 1/2021 | 12/2020 | 11/2020 | 10/2020 | 9/2020 | |
|---|---|---|---|---|---|
| Total Listings | 63 | 60 | 66 | 76 | 84 |
| Average Price | $327,127 | $327,447 | $319,039 | $311,305 | $314,153 |
| Avg Price Change | -0.10% | +2.64% | +2.48% | -0.91% | +4.81% |
| Median Price | $326,011 | $320,460 | $315,381 | $309,467 | $308,039 |
| Med Price Change | +1.73% | +1.61% | +1.91% | +0.46% | +3.33% |
| Avg Bedrooms | 3.18 beds | 3.21 beds | 3.18 beds | 3.18 beds | 3.39 beds |
| Avg Bathrooms | 2.48 baths | 2.51 baths | 2.49 baths | 2.49 baths | 2.62 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Caesar Rodney | 14 | $329,478 | 66 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 61 | $320,225 | 105 days |
| Distressed Homes | 4 | $207,950 | 135 days |
| Multi-Million Dollar Homes | 1 | $1,100,000 | 526 days |
| Newly Built Homes | 8 | $336,000 | 96 days |
| Homes with a Pool | 2 | $217,450 | 72 days |
| Reduced Price Homes | 2 | $143,450 | 35 days |
