Photo: Nicolas Henderson · CC BY 2.0412 homes sold in Magna in the last year, at a typical $433K
About one sale in 4 is a condo. 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 Magna homes are listed.
Every place Magna homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Magna.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
4% of Magna’s sales are condos, at $178K less than a house
305 houses and 17 condos sold in the year to May 2026. Houses sell faster. Condos draw more bidding wars.
typical sale · 305 sold in 12 months
- Per square foot
- $222UT $247
- Days to sell
- 43
- Sold over asking
- 32%
- Listings with a price cut
- 25%
typical sale · 17 sold in 12 months
- Per square foot
- $253UT $403
- Days to sell
- 58
- Sold over asking
- 41%
- Listings with a price cut
- 35%
Multi-family (2–4 units): 3 sold, typical $563K
Townhouses: 87 sold, typical $413K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at 2.3 times the 2016 price
412 sales in the last year, against 561 in 2024 and a low of 393 in 2014. The typical sale went from $192K in 2016 to $433K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $450K buys in Magna
Check a listing against what Magna 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.
Bidding wars in Magna are rarer than before the pandemic, and more homes are for sale
We read every month of Magna’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, 412 sales.
If you’re buying in Magna
- Shop in October. It brings about 45 new listings a month, close to the busiest month, with fewer bidding wars (42% over asking).
- Less room to haggle. Only 26% of listings cut their price, against 31% before the pandemic.
- Bid near asking. Buyers paid 99.5% of the list price on average; 31% paid over.
- You’ll usually have time. Only 29% of homes go under contract within two weeks; the typical one takes 47 days.
Summer brings the homes; spring brings the bidding wars
June has the most new listings (about 54 a month), but April is the most competitive: 53% of April sales close over asking. September and October offer nearly as much choice with fewer homes bid up (44%). January has the least competition (35%).
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and hotter than Utah
| Magna now | 2017–19 | 2021 peak | UT now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 31% | 52% | 69% | 21% |
| Gone within two weeksShare of homes under contract within 14 days | 29% | 55% | 73% | 27% |
| Listings with a price cutShare of homes for sale that cut their price | 26% | 31% | 20% | 29% |
| Price paid vs. askingAverage sale price ÷ list price | 99.5% | 100.5% | 103% | 98.6% |
| Days to sellMedian days from listing to contract | 47 | 18 | 7 | 54 |
118 homes for sale on a typical day
That’s 4.6 times the 2021 low (26), 130% more than in 2017–19 and well under 2012’s 156.
1 in 4 listings has cut its price
26% in the last year, against 31% in 2017–19 and 29% across Utah.
Since 2019, houses are up 70%, condos 70%
A house typically sold for $449K in the last year (305 sales), a condo for $271K (17).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Magna ranks 4th of 94 busy Utah markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Magna is one of the state’s hottest 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.
Owning the typical Magna home costs about $2,500 a month
Price: Magna’s typical sale, last 12 months. Property tax at Magna’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 Magna is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in June
The month with the most choice. December has the fewest, about 28.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $433K home, about $2,890 a year.
Taxes vs. neighborsSchools
The schools grade for Magna, from test results, graduation and how much students grow.
Schools in MagnaCheck 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 hazardsLook 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.
Lake Point and Stansbury Park sell for less a square foot; Salt Lake City for far more
The busier markets within 25 miles of Magna, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Salt Lake City | 1,932 | $577K | $357 | 23% | 40 |
| West Valley City | 958 | $464K | $236 | 33% | 41 |
| Magna | 412 | $433K | $224 | 31% | 47 |
| Kearns | 329 | $428K | $255 | 38% | 37 |
| Stansbury Park | 158 | $496K | $185 | 28% | 65 |
| Lake Point | 50 | $668K | $184 | 22% | 123 |
| Erda | 36 | $740K | $222 | 22% | 100 |
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.
Post your home to Magna, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Magna. People who follow the town see it, and so do people comparing Magna with their own town. No commission, no listing fee.
Questions about buying a home in Magna
What do homes sell for in Magna, UT?
412 homes sold in the year to May 2026 at a typical $433K, $224 a square foot. Houses sold for about $449K, condos for about $271K.
Is Magna a buyer’s or seller’s market?
A seller’s market: 110 homes were for sale in May 2026 and 37 sold, about 3 months of supply. Buyers paid 99.5% of asking on average, and 26% of listings cut their price.
When is the best time to buy in Magna?
June brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Magna?
About 0.7% of a home’s value a year. On a $433K home that’s near $2,890.
Where can I see homes for sale in Magna?
Zillow, Redfin, Realtor.com and Homes.com all carry Magna’s MLS listings; the search links above open each one filtered to Magna.
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).