Housing in Magnolia, TX

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$239,315

Median List Price

$285,490

Price Per Sq Ft

$144

Days on Market

48

Active Inventory

73

Months of Supply

5.2

Balanced market

Zillow Home Value

$359,584

ZHVI — January 2026

Zillow Rent Index

$1,815

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 20.9%List Price 3.8%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

7.1%

Off Market in 2 Weeks

31.6%

Sale-to-List Ratio

89.6%

Buyer's market

Sold Above Asking
7.1%
Under Contract in 2 Wks
31.6%
Listings with Price Drops
56.2%

Market Activity

Source: Redfin

Homes Sold

14

New Listings

24

Pending Sales

19

Homes Sold 56.3%New Listings 27.3%Pending 20.8%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$144

Median List $/SF

$166

Sale $/SF 6.5%List $/SF 3.1%Mar 24Jan 26

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

$285,200

Median Rent

$1,172

Total Housing Units

1,380

Vacancy Rate

4.9%

Owner Occupied

52.3%

Renter Occupied

47.7%

Median Property Tax

$4,189

per year

Monthly Cost (w/ Mortgage)

$1,564

Housing Types

Single Family
58.4%
Multi-Family
27.8%
Mobile Home
13.8%

The current median sale price in Magnolia, TX is $239,315 according to Redfin data. Homes spend a median of 48 days on the market. 7.1% of homes sold above asking price. The market has 5.2 months of supply. The median price per square foot is $144. Zillow's observed rent index is $1,815/month. About 52.3% of housing units are owner-occupied. The median year homes were built is 2002. There are 1,380 total housing units.