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Foreclosure Homes in Magalia, CA 95954

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Magalia, CA Foreclosures

How much do homes sell for in Magalia, CA?
The average home price is currently $206,514.
In Magalia, CA, how many homes are available?
There are currently 51 active home listings available in Magalia.
What’s the average rental cost in Magalia, CA?
The average rental price in Magalia is $1,125.
What is the most expensive home in Magalia?
The most expensive home sold in Magalia had a price of $17,202,000.
What is currently the cheapest priced home in Magalia, CA?
The cheapest home for sale in Magalia is priced at $10,067.

Living in Magalia, CA

Magalia, CA, is a tranquil town surrounded by natural beauty, offering a serene lifestyle amidst the Sierra Nevada foothills. Known for its friendly community and outdoor attractions, it provides a balance of rural living with access to essential amenities. Residents can enjoy various recreational activities, including hiking and lake excursions, making Magalia an appealing choice for nature lovers.

Current Market Conditions in Magalia, CA

The real estate market in Magalia has seen a steady increase in interest, driven in part by the town's natural beauty and the appeal of rural living. Homes in this area tend to attract buyers looking for second homes or a quiet place to retire, contributing to a stable market. Currently, homes are selling reasonably well, albeit with some variability in pricing based on location and property size.

Due to its location in a scenic area, many buyers are drawn to Magalia for its affordability compared to neighboring towns. However, inventory has been somewhat limited, leading to competitive bids on desirable properties.

Home Value Estimator For Magalia, CA

There are currently 8,072 real estate properties in Magalia, CA, with a median automated valuation model (AVM) price of $162,113.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Magalia, CA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Magalia, CA, is $206,514.00, with the most expensive house in Magalia, CA, topping out at $17,202,000.00 and the cheapest home in Magalia, CA, clocking in at $10,067.00. In other words, there’s something for every potential homebuyer or savvy investor in Magalia, CA!

Rent Prices In Magalia, CA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Magalia, CA, is on a rollercoaster ride. The average rent price in Magalia, CA, is $1,125.00. Indeed, when looking to rent in Magalia, CA, you can expect to pay as little as $630.00 or as much as $3,150.00, with the average rent median estimated to be $1,110.00. The good news is that finding an affordable and desirable property to rent in Magalia, CA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Magalia, CA 95954 Foreclosures

Market Trend for Magalia, CA

Total Listings Available: 51

Market Values:

Home Prices from $10,067 to $17,202,000

Average Sales Price: $206,514

Rental Values:

Rental from $630 to $3,150

Average Rent Value: $1,125 / month

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