Magnolia Center Real Estate Market Retreats to Weakness in New Listings

The Magnolia Center market might be cooling in the coming weeks. Sales stayed steady at 19 homes sold over the last 30 days, but there is an identifiable downward trend in the number of new listings, with 17 going live in the same time frame. As new listings trended lower, the median sales price for the homes that have sold fell as well, hitting a three-month low at $300,000. There are only two months of inventory available in Magnolia Center, so it's still a definite seller's market, despite the falling prices.

Looking to move to Magnolia Center, but at an economical price? You may want to start with these low-cost listings:

$164K   $285K   $285K  

Get started right now by checking out Magnolia Center homes for sale or reviewing Magnolia Center real estate trends.

Demographic facts for Magnolia Center:

  • The population growth rating is 74. (Scale: 1 = Worst, 100 = Best)
  • The area's number of physicians is 114.0 per 100,000 people.
  • The health cost index score in this area is 102.2. (100 = national average)
  • 80.5% of the residents travel to work in an automobile, 11.5% via carpool, and 1.1% by way of public transit.

Data reported through 10/12/2016

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RE/MAX MASTERS REALTY
Keller Williams Realty
Snapped 26 homes in this area
Coldwell Banker Armstrong Properties
Snapped 3 homes in this area

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