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Downtown Magnolia, AR IMG 2313Photo: Billy Hathorn · CC BY-SA 3.0
Housing in Magnolia

24 homes sold in Magnolia in the last year, at a typical $177K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Magnolia homes are listed.

Homes sold
24
May 2025 to April 2026
Typical sale price
$177K
median, weighted by sales
Price per square foot
$85
Arkansas $157
Paid vs. asking
94.3%
13% sold over asking
For sale now
8
April 2026 · 2 sold that month
What sold · last 12 months

Houses are 100% of Magnolia’s sales, at a typical $177K

24 homes sold in the year to April 2026.

Houses$177K

typical sale · 24 sold in 12 months

Per square foot
$85AR $157
Days to sell
132
Sold over asking
13%
Listings with a price cut
24%
9 years of sales

Fewer homes sell than a decade ago, at 1.5 times the 2017 price

24 sales in the last year, against 126 in 2019 and a low of 31 in 2025. The typical sale went from $118K in 2017 to $177K.

Homes soldTypical sale price
03775112150$150K$200K$250K$300K2017: 78 sold, typical $118K’172018: 80 sold, typical $132K2019: 126 sold, typical $117K’192020: 124 sold, typical $141K2021: 101 sold, typical $155K’212022: 80 sold, typical $208K2023: 87 sold, typical $208K’232024: 46 sold, typical $174K2025: 31 sold, typical $181K’25Last 12 months: 24 sold, typical $177KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $200K buys in Magnolia

Houseat $85 a sq ft
The same money in Arkansasat $157 a sq ft

Is this asking price fair?

Check a listing against what Magnolia homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 9 years of sales

Bidding wars in Magnolia are more common than before the pandemic, but three quarters fewer homes come up for sale

We read every month of Magnolia’s home sales since 2017 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to April 2026, 24 sales.

If you’re buying in Magnolia

  • Shop in June. It brings about 10 new listings a month, close to the busiest month, with fewer bidding wars (4% over asking).
  • Offer under asking. Buyers paid 94.3% of the list price on average; 13% paid over.
  • You’ll usually have time. Only 12% of homes go under contract within two weeks; the typical one takes 132 days.
Best time to buy

Summer brings the homes; winter brings the bidding wars

June has the most new listings (about 10 a month), but February is the most competitive: 13% of February sales close over asking. June has the least competition (4%).

New listings a monthShare sold over asking
03.87.511.3157%13%20%Sweet spotJan: 7 new listings a month, 6% sold over asking, 113 days to sellJFeb: 6 new listings a month, 13% sold over asking, 131 days to sellFMar: 9 new listings a month, 6% sold over asking, 109 days to sellMApr: 8 new listings a month, 6% sold over asking, 92 days to sellAMay: 8 new listings a month, 8% sold over asking, 128 days to sellMJun: 10 new listings a month, 4% sold over asking, 139 days to sellJJul: 10 new listings a month, 9% sold over asking, 71 days to sellJAug: 9 new listings a month, 5% sold over asking, 102 days to sellASep: 7 new listings a month, 7% sold over asking, 106 days to sellSOct: 8 new listings a month, 7% sold over asking, 107 days to sellONov: 8 new listings a month, 11% sold over asking, 116 days to sellNDec: 6 new listings a month, 6% sold over asking, 85 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and about like Arkansas as a whole

Magnolia now2017–192021 peakAR now
Sold over askingShare of sales that closed above the list price13%6%9%13%
Gone within two weeksShare of homes under contract within 14 days12%0%4%27%
Listings with a price cutShare of homes for sale that cut their price24%——22%
Price paid vs. askingAverage sale price ÷ list price94.3%91.7%93.6%97%
Days to sellMedian days from listing to contract13211311059
Supply

10 homes for sale on a typical day

That’s 79% fewer than in 2017–19 and well under 2019’s 60.

2017: 34 for sale’172018: 42 for sale2019: 60 for sale2020: 54 for sale’202021: 26 for sale2022: 29 for sale2023: 36 for sale’232024: 15 for sale2025: 11 for saleLast 12 months: 10 for saleNow
Room to negotiate

1 in 4 listings has cut its price

24% in the last year, against — in 2017–19 and 22% across Arkansas.

2022: 4%’222023: 7%2024: 23%2025: 25%’25Last 12 months: 24%Now

Source: Redfin Data Center, city market tracker, January 2017 to April 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Magnolia home costs about $1,001 a month

Mortgage
Property tax
Insurance
Rent

Price: Magnolia’s typical sale, last 12 months. Property tax at Magnolia’s 0.5% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Magnolia is affordable on local pay is on Cost of living.

Before you buy in Magnolia

Six things worth knowing

10

New listings in June

The month with the most choice. February has the fewest, about 6.

Best time to buy
0.5%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $177K home, about $940 a year.

Taxes vs. neighbors
B−

Schools

The schools grade for Magnolia, from test results, graduation and how much students grow.

Schools in Magnolia
18 min

Typical commute

The average one-way trip to work for people who live in Magnolia.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Selling, or renting out?

Post your home to Magnolia, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Magnolia. People who follow the town see it, and so do people comparing Magnolia with their own town. No commission, no listing fee.

Questions about buying a home in Magnolia

What do homes sell for in Magnolia, AR?

24 homes sold in the year to April 2026 at a typical $177K, $85 a square foot.

Is Magnolia a buyer’s or seller’s market?

A balanced market: 8 homes were for sale in April 2026 and 2 sold, about 4 months of supply. Buyers paid 94.3% of asking on average, and 24% of listings cut their price.

When is the best time to buy in Magnolia?

June brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Magnolia?

About 0.5% of a home’s value a year. On a $177K home that’s near $940.

Where can I see homes for sale in Magnolia?

Zillow, Redfin, Realtor.com and Homes.com all carry Magnolia’s MLS listings; the search links above open each one filtered to Magnolia.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).