The Magnolia Heights housing market is somewhat competitive. The median sale price of a home in Magnolia Heights was $515K last month, up 29.2% since last year. The median sale price per square foot in Magnolia Heights is $439, up 31.4% since last year.
What is the housing market like in Magnolia Heights today?
In April 2024, Magnolia Heights home prices were up 29.2% compared to last year, selling for a median price of $515K. On average, homes in Magnolia Heights sell after 33 days on the market compared to 72 days last year. There were 9 homes sold in April this year, down from 14 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$515,000
+29.2% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Magnolia Heights, FL
$515,000
+29.2%
United States
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How hot is the Magnolia Heights housing market?
Magnolia Heights is somewhat competitive. Homes sell in 28.5 days.
0
100
60
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 29 days.
Hot homes
can sell for around list price and go pending in around 5 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Magnolia Heights housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Magnolia Heights.
Risk Factor
Flood Factor - Minor
4% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Magnolia Heights has a minor risk of flooding. 4 properties in Magnolia Heights are likely to be
severely affected
by flooding over the next 30 years. This represents 4% of all properties in Magnolia Heights. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Magnolia Heights has a minor risk of wildfire. There are 3 properties in Magnolia Heights that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Magnolia Heights.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Magnolia Heights has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Magnolia Heights is most at risk from hurricanes. 660 properties in Magnolia Heights have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 169 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 178 mph.
100% of properties are at extreme
risk of heat over the next 30 years
Heat Factor
Magnolia Heights has an extreme risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Magnolia Heights have an Extreme Heat Factor®.
Magnolia Heights is expected to see a 285% increase in the number of days over 106ºF over the next 30 years. Magnolia Heights is expected to experience 8