What kind of homes can you buy in Magnolia at different price points?
Built from Allen Markel's own listing data · Texas Premier Realty ·
Short answer
In Magnolia, homes for sale in the Under $250K band have a median size of 1,461 square feet and are 2 years old at the median, while homes in the $1M+ band run 4,637 square feet at 20 years. Each price band tells a different story about size and age.
Size, bedrooms and age by price band
In the Under $250K band there are 79 homes with a median of 1,461 square feet, 3 bedrooms and 2 baths, built about 2 years ago, listed on average 72 cumulative days. In the $250K to $500K band there are 580 homes with a median of 2,129 square feet, 4 bedrooms and 2 baths, built about 0 years ago, listed on average 84 cumulative days. In the $500K to $1M band there are 251 homes with a median of 3,165 square feet, 4 bedrooms and 3 baths, built about 3 years ago, listed on average 139 cumulative days. In the $1M+ band there are 51 homes with a median of 4,637 square feet, 4 bedrooms and 4 baths, built about 20 years ago, listed on average 151 cumulative days.
Reading the bands
Size, age and price together shape what a budget buys. Newer homes usually cost more per square foot and older homes can carry repair or update decisions, so the right band depends on what you want to own and maintain. Numbers like these describe the whole of Magnolia, not one street or one home, and real estate decisions are rarely a straight line. If you are thinking about what your budget can buy, talk to us to find the right option for your circumstances.
| Measure | Value |
|---|---|
| Under $250K: homes / median size / bedrooms / baths / age | 79 / 1,461 sq ft / 3 / 2 / 2 years |
| $250K to $500K: homes / median size / bedrooms / baths / age | 580 / 2,129 sq ft / 4 / 2 / 0 years |
| $500K to $1M: homes / median size / bedrooms / baths / age | 251 / 3,165 sq ft / 4 / 3 / 3 years |
| $1M+: homes / median size / bedrooms / baths / age | 51 / 4,637 sq ft / 4 / 4 / 20 years |
Common follow-up questions
Are these figures for homes that sold?
No. They describe the homes for sale now, by list price band.
How is the age of a home measured?
From the year built on each listing; the table shows the median for the homes in each band.
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
What is the median home price in Magnolia?
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.
Read answerAre 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 answer
Answers describe transactions and public data. They are not legal, tax or financial advice.