Housing Prices in Magnolia, IL

How much do homes in Magnolia, IL cost?

Median List Price

$139,000

$56/sqft

Based on all homes listed in April 2024.

Difference Since Last Month

-$33,000(-19.2%)

Key Takeaway

The list price of homes in Magnolia has decreased by 19.2% since March.

Summary: The median home list price in Magnolia was $139,000 in April 2024, down 19.2% from the previous month, and the median price per square foot was $56.

Median List Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 $172K$139K
-19.2%
5+ --
N/A

Summary: Magnolia housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 19.2%, and 5+ bedroom homes did not change.

Housing Supply in Magnolia, IL

How many homes are available in Magnolia, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
23+50.0%

Summary: The Magnolia real estate market had 3 homes for sale in April 2024, a 50.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 00
0.0%
4 23
+50.0%
5+ 00
0.0%

Summary: The Magnolia housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Days on Market for Magnolia, IL

How long does it take to sell a home in Magnolia, IL?

Average Listing Age

Mar 2024Apr 2024CHANGE
44 Days52 Days+18.4%

Summary: Homes in Magnolia had an average listing age of 52 days in Apr 2024, up by 18.4% compared to the previous month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated Apr 1, 2024

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