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Foreclosure Homes in Magnolia, MS

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Magnolia, MS Foreclosures

How much do homes sell for in Magnolia, MS?
The average home price is currently $132,013.
In Magnolia, MS, how many homes are available?
There are currently 26 active home listings available in Magnolia.
What’s the average rental cost in Magnolia, MS?
The average rental price in Magnolia is $994.
What is the most expensive home in Magnolia?
The most expensive home sold in Magnolia had a price of $6,763,879.
What is currently the cheapest priced home in Magnolia, MS?
The cheapest home for sale in Magnolia is priced at $15,038.

Living in Magnolia, MS

Magnolia, MS, is a picturesque small town known for its friendly atmosphere and community spirit. With a variety of local amenities, beautiful parks, and strong educational institutions, it is an ideal location for families and retirees. The welcoming nature of the town makes it a perfect place for anyone looking to escape the hustle and bustle of city life.

Current Market Conditions in Magnolia, MS

The real estate market in Magnolia has remained stable over the past few months, showing consistent activity and interest in properties across various price ranges. Housing inventory has balanced between buyers and sellers, which has allowed for reasonable negotiations and transactions.

There has been an uptick in interest from out-of-town buyers seeking a serene escape from urban environments. This trend has led to a slight increase in home prices, but overall affordability remains a strong point, making it appealing for those looking to settle in a welcoming community.

Home Value Estimator For Magnolia, MS

There are currently 3,588 real estate properties in Magnolia, MS, with a median automated valuation model (AVM) price of $95,936.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Magnolia, MS, 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 Magnolia, MS, is $132,013.00, with the most expensive house in Magnolia, MS, topping out at $6,763,879.00 and the cheapest home in Magnolia, MS, clocking in at $15,038.00. In other words, there’s something for every potential homebuyer or savvy investor in Magnolia, MS!

Rent Prices In Magnolia, MS

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Magnolia, MS, is on a rollercoaster ride. The average rent price in Magnolia, MS, is $994.00. Indeed, when looking to rent in Magnolia, MS, you can expect to pay as little as $570.00 or as much as $1,940.00, with the average rent median estimated to be $960.00. The good news is that finding an affordable and desirable property to rent in Magnolia, MS -- 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.

Magnolia, MS Foreclosures


Market Trend for Magnolia, MS

Total Listings Available: 26

Market Values:

Home Prices from $15,038 to $6,763,879

Average Sales Price: $132,013

Rental Values:

Rental from $570 to $1,940

Average Rent Value: $994 / month

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