What is the median home price in Magnolia?
Built from Allen Markel's own listing data · Texas Premier Realty ·
Short answer
Homes that sold in Magnolia over the last six months had a median sale price of $314,995, about $167 per square foot, on 1,193 closed sales. Over the 12 months to August 2026, the monthly median ran from $300,000 in February to $328,000 in October. A median is the middle sale, so half of the homes sold for more and half for less.
What the median sale price is
The headline figure is the median sale price of the 1,193 homes that closed in Magnolia in the last six months: $314,995. The 12 monthly medians to August 2026 ranged from $300,000 to $328,000, and the most recent full month (August) came in at $314,990. On median sale price, Magnolia is in the middle of the pack (ranked 19 of 39 communities with enough sales to compare). The median moves with the mix of homes that happen to close in a month, so one month says less than the six-month view.
How to use it
Homes for sale now are spread across price bands, with the largest group in the $300K to $500K range (419 of 961 active listings). A buyer comparing a listing with the median should compare against its own band and size, and a seller should price against the newest closings nearby, not the citywide middle. Every buyer and seller in Magnolia is weighing a different set of trade-offs, and waiting to decide is often the costliest choice. When you are ready to look at a price for a home in this market for a specific address or plan, talk to us to find the right option for your circumstances.
| Measure | Value |
|---|---|
| Median sale price, last 6 months | $314,995 |
| Closed sales, last 6 months | 1,193 |
| Median price per square foot, last 6 months | $167 |
| Lowest monthly median (February) | $300,000 |
| Highest monthly median (October) | $328,000 |
| Latest full month (August) | $314,990 |
Common follow-up questions
Is the median the same as the average price in Magnolia?
No. The median is the middle sale: half of homes sold for more and half for less. It is less affected by a few very high or very low sales.
How often does this change?
The figures are refreshed from our listing data as sales close, so the number on the community page can move from week to week.
Sources
Talk it through with Allen
A short call can turn a general answer into one for your address, your timeline and your numbers.
Related questions
Are home prices in Magnolia going up or down?
For Magnolia, the answer is mostly lower. In 4 of the last 12 months the median sale price was above the same month a year earlier, and in 8 it was below.
Read answerHow many homes are for sale in Magnolia and in which price bands?
Magnolia has 964 homes for sale right now, which is about 5.1 months of supply at the recent pace of sales.
Read answerHow long does it take to sell a home in Magnolia?
In Magnolia, homes that sold in the last 12 months averaged between 75 and 119 cumulative days on the market, depending on the month, and the 961 homes for sale now have been listed for an average of…
Read answerIs Magnolia a buyer's market or a seller's market?
By months of inventory, Magnolia is a balanced market right now: 5.1 months of supply, with 964 homes for sale against 1,193 sales in the last six months.
Read answerHow many homes sell in Magnolia each month?
About 2,317 homes closed in Magnolia in the 12 months to August 2026, an average of 193 a month, with 232 in May the busiest month and 135 in January the quietest.
Read answerWhat is the price per square foot for homes in Magnolia?
Homes that sold in Magnolia in the last six months went for a median of $167 per square foot.
Read answer
Answers describe transactions and public data. They are not legal, tax or financial advice.