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Magalia Community ChurchMagalia Community Church · Photo: Frank Schulenburg · CC BY-SA 4.0
Housing in Magalia

98 homes sold in Magalia in the last year, at a typical $273K

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 Magalia homes are listed.

Homes sold
98
June 2025 to May 2026
Typical sale price
$273K
median, weighted by sales
Price per square foot
$184
California $504
Paid vs. asking
98.2%
23% sold over asking
For sale now
39
May 2026 · 6 sold that month
What sold · last 12 months

Houses are 100% of Magalia’s sales, at a typical $273K

98 homes sold in the year to May 2026.

Houses$273K

typical sale · 98 sold in 12 months

Per square foot
$184CA $494
Days to sell
94
Sold over asking
23%
Listings with a price cut
29%
14 years of sales

Fewer homes sell than a decade ago, at 1.5 times the 2016 price

98 sales in the last year, against 238 in 2019 and a low of 71 in 2024. The typical sale went from $177K in 2016 to $273K.

Homes soldTypical sale price
062125187250$100K$200K$300K$400K2012: 189 sold, typical $111K’122013: 177 sold, typical $139K2014: 160 sold, typical $149K’142015: 156 sold, typical $169K2016: 172 sold, typical $177K’162017: 179 sold, typical $209K2018: 162 sold, typical $227K’182019: 238 sold, typical $260K2020: 113 sold, typical $256K’202021: 124 sold, typical $290K2022: 114 sold, typical $319K’222023: 76 sold, typical $319K2024: 71 sold, typical $307K’242025: 74 sold, typical $277KLast 12 months: 98 sold, typical $273KNow

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

What your budget buys

What $250K buys in Magalia

Houseat $184 a sq ft
The same money in Californiaat $494 a sq ft

Is this asking price fair?

Check a listing against what Magalia 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 · 14 years of sales

Bidding wars in Magalia are rarer than before the pandemic, with about as many homes for sale

We read every month of Magalia’s home sales since 2012 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 May 2026, 98 sales.

If you’re buying in Magalia

  • Shop in July. It brings about 19 new listings a month, close to the busiest month, with fewer bidding wars (31% over asking).
  • Some room to negotiate. 29% of listings cut their price, about as many as before the pandemic.
  • Bid near asking. Buyers paid 98.2% of the list price on average; 23% paid over.
  • You’ll usually have time. Only 17% of homes go under contract within two weeks; the typical one takes 94 days.
Best time to buy

Summer brings both the most homes and the most bidding wars

July has the most new listings (about 19 a month), but June is the most competitive: 44% of June sales close over asking. December has the least competition (23%) but only about 9 new listings.

New listings a monthShare sold over asking
0510152020%40%60%Sweet spotJan: 11 new listings a month, 27% sold over asking, 49 days to sellJFeb: 14 new listings a month, 32% sold over asking, 60 days to sellFMar: 15 new listings a month, 38% sold over asking, 49 days to sellMApr: 17 new listings a month, 35% sold over asking, 33 days to sellAMay: 17 new listings a month, 38% sold over asking, 38 days to sellMJun: 17 new listings a month, 44% sold over asking, 35 days to sellJJul: 19 new listings a month, 31% sold over asking, 30 days to sellJAug: 17 new listings a month, 32% sold over asking, 41 days to sellASep: 14 new listings a month, 29% sold over asking, 51 days to sellSOct: 15 new listings a month, 31% sold over asking, 52 days to sellONov: 9 new listings a month, 25% sold over asking, 50 days to sellNDec: 9 new listings a month, 23% sold over asking, 62 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and calmer than California

Magalia now2017–192021 peakCA now
Sold over askingShare of sales that closed above the list price23%35%38%36%
Gone within two weeksShare of homes under contract within 14 days17%35%50%31%
Listings with a price cutShare of homes for sale that cut their price29%30%25%24%
Price paid vs. askingAverage sale price ÷ list price98.2%99.3%99.3%99.7%
Days to sellMedian days from listing to contract94404144
Supply

48 homes for sale on a typical day

That’s 2.4 times the 2021 low (20), about the 2017–19 level and well under 2012’s 61.

2012: 61 for sale’122013: 54 for sale2014: 44 for sale2015: 40 for sale’152016: 33 for sale2017: 34 for sale2018: 46 for sale’182019: 52 for sale2020: 25 for sale2021: 20 for sale’212022: 23 for sale2023: 33 for sale2024: 38 for sale’242025: 53 for saleLast 12 months: 48 for saleNow
Room to negotiate

1 in 3 listings has cut its price

29% in the last year, against 30% in 2017–19 and 24% across California.

2015: 30%’152016: 27%2017: 22%2018: 31%’182019: 34%2020: 22%2021: 25%’212022: 27%2023: 27%2024: 26%’242025: 29%Last 12 months: 29%Now
Across California

Magalia ranks 453rd of 555 busy California markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Magalia is one of the state’s calmer markets.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Magalia home costs about $1,575 a month

Mortgage
Property tax
Insurance
Rent

Price: Magalia’s typical sale, last 12 months. Property tax at Magalia’s 0.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Magalia is affordable on local pay is on Cost of living.

Before you buy in Magalia

Six things worth knowing

19

New listings in July

The month with the most choice. December has the fewest, about 9.

Best time to buy
0.7%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $273K home, about $1,810 a year.

Taxes vs. neighbors
C+

Schools

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

Schools in Magalia
37 min

Typical commute

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

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.

Nearby markets · last 12 months

No busy market nearby sells for less a square foot; Paradise, Chico and Durham for far more

The busier markets within 25 miles of Magalia, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Chico814$464K$29831%36
Paradise318$404K$27827%52
Oroville169$286K$21230%61
Magalia98$273K$18423%94
Thermalito51$279K$22331%47
Durham32$598K$31144%52
Kelly Ridge27$367K$20022%96

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Magalia, free

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

Questions about buying a home in Magalia

What do homes sell for in Magalia, CA?

98 homes sold in the year to May 2026 at a typical $273K, $184 a square foot.

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

A buyer’s market: 39 homes were for sale in May 2026 and 6 sold, about 6.5 months of supply. Buyers paid 98.2% of asking on average, and 29% of listings cut their price.

When is the best time to buy in Magalia?

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

How much are property taxes in Magalia?

About 0.7% of a home’s value a year. On a $273K home that’s near $1,810.

Where can I see homes for sale in Magalia?

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

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).