Coming soon
$6,116 Closing Credit¹
#DEKT2035484, Jemimah E. Chuks, Listing Office: EXP Realty, LLC
Magnolia Housing Market Report February 2025•Kent County, Delaware
Housing Prices in Magnolia, DE
How much do homes in Magnolia, DE cost?
Housing Market Conditions
Is Magnolia, DE a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Magnolia is a Neutral Market
Difference Since February 2024
At the same time last year, Magnolia was a Seller's Market.
Insight
Magnolia is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Median Sold Price
$414,450$194/SqFt
+$16,950
+4.3%
Based on all homes sold in the last 12 months
Insight
Homes in Magnolia have sold for 4.3% more than they did a year ago.
Summary: The median home sold price in Magnolia was $414,450 in February 2025, up 4.3% from last year, and the median price per square foot was $194.
Median Sold Price By Cities
| City | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| Central Kent | $390.6K | $412.7K | +5.7% |
| Magnolia | $397.5K | $414.4K | +4.3% |
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $435K | $317.3K | -27.0% |
| 33 Bedrooms | $334.9K | $355K | +6.0% |
| 44 Bedrooms | $430K | $440K | +2.3% |
| 55+ Bedrooms | $435K | $537.5K | +23.6% |
Summary: Magnolia housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -27.0%. The home price for 3 bedroom homes increased by +6.0%. The home price for 4 bedroom homes increased by +2.3%. The home price for 5 bedroom homes increased by +23.6%.
Housing supply in Magnolia, DE
How many homes are available in Magnolia, DE?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 53Last MonthFeb 2025 | ||
| 582 months agoJan 2025 | -8.6 % Change MoMJan – Feb |
Summary: The Magnolia real estate market had 53 homes for sale in Feb 2025, a 8.6 % decrease compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 8Last MonthFeb 2025 | ||
| 152 months agoJan 2025 | -46.7 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 7 | 5 | -28.6% |
| 33 Bedrooms | 27 | 26 | -3.7% |
| 44 Bedrooms | 22 | 19 | -13.6% |
| 55+ Bedrooms | 2 | 3 | +50.0% |
Summary: Magnolia housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -28.6%. The inventory for 3 bedroom homes decreased by -3.7%. The inventory for 4 bedroom homes decreased by -13.6%. The inventory for 5 bedroom homes increased by +50.0%.
Asking Price vs. Sold Price
How much do homes in Magnolia, DE cost?
Over Asking Price1 Home
At Asking Price4 Homes
Under Asking Price3 Homes
Insight
If you're buying a home in Magnolia, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 8 homes were sold or pending in Magnolia in February 2025, down by 46.7% month-over-month. Of the 8 sold homes, 38% were sold under asking, 50% were sold at asking, and and 13% were sold over asking.
Days on Market for Magnolia, DE
How long does it take to sell a home in Magnolia, DE?
Breakdown of Home Sale Times
Under 30 Days4 Homes
30 – 90 Days3 Homes
Over 90 Days1 Home
Insight
Many homes in Magnolia are selling fast, if you're buying plan to act quickly.
Summary: During February 2025, 8 homes were sold in Magnolia; 50% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 43 DaysThis YearFeb 2025 | ||
| 55 Days1 year agoFeb 2024 | -20.8 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in Magnolia had an average listing age of 43 days in Feb 2025, down by 20.8% compared to the previous year.
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Newest Listings in Magnolia, DE
What homes are available in Magnolia, DE?
New - 3 days on Rocket
$4,986 Closing Credit¹
#DEKT2035436, Toya Borjigin, Listing Office: Tesla Realty Group, LLC
New - 4 days on Rocket
$5,700 Closing Credit¹
#DEKT2035414, Brandon Justin Windom, Listing Office: Myers Realty
Coming soon
$689 Closing Credit¹
#DEKT2035422, Shirley M Whitney, Listing Office: Keller Williams Realty Central-Delaware
New - 4 days on Rocket
#DEKT2035392, Lee F. Wolff, Listing Office: FSBO Broker
New - 5 days on Rocket
$3,919 Closing Credit¹
#DEKT2035364, Messhick Sampson Stanley Jr., Listing Office: Bryan Realty Group
New - 5 days on RocketBackup offers3D tour
$5,224 Closing Credit¹
#DEKT2035268, Sherri Lynn Hill, Listing Office: Redfin Corporation
$4,630 Closing Credit¹
#DEKT2035278, Tonya Williams, Listing Office: Totally Distinctive Realty
$5,878 Closing Credit¹
#DEKT2034560, Lydia Ragonese, Listing Office: Compass
3D tour
$3,919 Closing Credit¹
#DEKT2035060, Rhonda L Ruffin, Listing Office: Century 21 Gold Key-Dover
Backup offers
$6,116 Closing Credit¹
#DEKT2034574, Nigel James Pokoy, Listing Office: Compass
$5,700 Closing Credit¹
#DEKT2034198, Margaret Poisson, Listing Office: Century 21 Gold Key-Dover
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MLS Disclaimers and Copyright
Based on information from BrightMLS, for the period 03/01/2023 - 03/01/2025
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/10/2025, 6:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.