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Lisa Fay
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Magnolia

Why you'd want to live in Magnolia

Magnolia, Texas is located in southwest Montgomery County, nationally ranked as 7th in growth among U.S. counties. A short drive from Houston, Magnolia is poised for expansion with the arrival of the SH 249 Toll Way and major corporations like ExxonMobil moving into the area. At the crossroads of progress Magnolia is still a place where neighbors help neighbors—a place to call home or grow your business. via cityofmagnolia.com

Magnolia Market Report

$543,977

AVERAGE PRICE OF 977 HOMES

$60,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$2,499,341

AVERAGE PRICE OF 65 MULTI-MILLION DOLLAR HOMES

$383,630

AVERAGE PRICE OF 553 NEWLY BUILT HOMES

$1,299,213

AVERAGE PRICE OF 63 HOMES WITH A POOL

$647,589

AVERAGE PRICE OF 38 REDUCED PRICE HOMES

Average Home

Average Price $543,977
Avg Bedrooms 3.13 beds
Avg Bathrooms 2.49 baths

Average Price by Bedrooms

2 bedrooms $743,445
3 bedrooms $386,328
4 bedrooms $485,743
5 bedrooms $830,496
Magnolia Home Price Trends
  3/2023 2/2023 1/2023 12/2022 11/2022
Total Listings 962 934 883 933 980
Average Price $545,591 $544,535 $555,265 $546,679 $568,254
Avg Price Change +0.19% -1.97% +1.57% -3.95% +1.78%
Median Price $347,373 $342,099 $347,954 $344,350 $352,493
Med Price Change +1.54% -1.71% +1.05% -2.36% -0.98%
Avg Bedrooms 3.12 beds 3.1 beds 3.09 beds 3.12 beds 3.13 beds
Avg Bathrooms 2.49 baths 2.46 baths 2.46 baths 2.48 baths 2.5 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Lake Creek High School 5 $544,380 35 days
Magnolia High School 448 $576,675 99 days
Magnolia West High School 424 $481,403 100 days
Tomball High School 90 $701,661 112 days
Waller High School 8 $285,562 91 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 977 $543,977 100 days
Distressed Homes 1 $60,000 478 days
Multi-Million Dollar Homes 65 $2,499,341 174 days
Newly Built Homes 553 $383,630 90 days
Homes with a Pool 63 $1,299,213 64 days
Reduced Price Homes 38 $647,589 81 days

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