Housing in Magnolia, NJ
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$388,000
Median List Price
$352,450
Price Per Sq Ft
$202
Days on Market
119
Active Inventory
8
Months of Supply
2.7
Seller's market
Zillow Home Value
$311,532
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
33.3%
Off Market in 2 Weeks
80.0%
Sale-to-List Ratio
98.6%
Buyer's market
Market Activity
Source: RedfinHomes Sold
3
New Listings
6
Pending Sales
5
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$202
Median List $/SF
$241
Magnolia vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Magnolia is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$221,100
Median Rent
$1,204
Total Housing Units
1,910
Vacancy Rate
6.9%
Owner Occupied
70.5%
Renter Occupied
29.5%
Median Property Tax
$6,950
per year
Monthly Cost (w/ Mortgage)
$1,811
Housing Types
The current median sale price in Magnolia, NJ is $388,000 according to Redfin data. Homes spend a median of 119 days on the market. 33.3% of homes sold above asking price. The market has 2.7 months of supply. The median price per square foot is $202. The median rent is $1,204 per month (Census ACS). About 70.5% of housing units are owner-occupied. The median year homes were built is 1962. There are 1,910 total housing units.