Magnolia Park, Houston, TX—77012
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Magnolia Park, Houston, TX
As of Oct '25, the median home price in Magnolia Park, Houston, TX is $154,000, with a year-over-year change of -12.4%. This indicates that home prices in Magnolia Park, Houston, TX are decreasing. According to Zillow, the 1-year price projection is -1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $154,000 | -12.4% |
| Single Family | $155,000 | -12.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $97,000 | -14.9% |
2 Bed | $139,000 | -14.2% |
3 Bed | $173,000 | -11.7% |
4 Bed | $199,000 | -8.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Magnolia Park, Houston, TX
As of July '25, Rentcast reports the average rent in Magnolia Park, Houston, TX is $1,190, with a year-over-year rent change of -25.2%. Per bedroom, the median rent as of July '25 in Magnolia Park, Houston, TX is studios: $952, 1-bedrooms: $914, 2-bedrooms: $1,210, 3-bedrooms: $1,630, 4-bedrooms: $1,780. The most common rental property sizes in Magnolia Park, Houston, TX are 1-bedroom and 2-bedroom, accounting for 39.2% and 36.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,120 | $1,190 |
| Studio Rent | $555 | $952 |
| 1 Bed Rent | $833 | $914 |
| 2 Bed Rent | $1,240 | $1,210 |
| 3 Bed Rent | $1,600 | $1,630 |
| 4 Bed Rent | $1,450 | $1,780 |
% of Rental Stock
Property Listings — Magnolia Park, Houston, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Magnolia Park, Houston, TX is 66. This is a increase of 75.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $227,000 | -14.0% |
Listing Count | 41 | 141.0% |
| Listings as % of Homes | 0.3% | 141.0% |
Days on Market | 66 | 75.0% |
Demographics — Magnolia Park, Houston, TX
As of the latest ACS Survey released in 2023, Magnolia Park, Houston, TX has a population of 16,800, which has decreased by -13.8% over the past 5 years. Magnolia Park, Houston, TX is a popular place for families, as children make up 26.4% of the population. The area has a poorly educated workforce, with 10.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 16,800 | -13.8% |
% Under 18 | 26.4% | -6.7% |
% Seniors | 12.5% | 9.6% |
% WFH | 2.2% | 214.3% |
% w/ College Degree | 10.5% | 59.1% |
As of the latest ACS Survey released in 2023, Magnolia Park, Houston, TX is a predominantly hispanic area, with 92.0% of the population identifying as hispanic. The hispanic population has shrunk by 2.1% in the last 5 years. The second most common race or ethnicity in Magnolia Park, Houston, TX is black, making up 5.2% of the population. Foreign-born residents account for 36.6% of the population in Magnolia Park, Houston, TX, and this percentage has decreased by 16.1% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 2.3% | -17.9% |
% Black | 5.2% | 85.7% |
% Hispanic | 92.0% | -2.1% |
% Asian | 0.3% | -66.7% |
% Foreign Born | 36.6% | -16.1% |
Mortgage and Risk — Magnolia Park, Houston, TX
According to HUD data as of 2023, there were 43 mortgage originations in Magnolia Park, Houston, TX, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 77.0%, with 40.0% above 90% LTV (very high). This implies large mortgage risk in Magnolia Park, Houston, TX. Investor activity is low, as 2.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 43 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Magnolia Park, Houston, TX
As of 2024, the percent of homes in Magnolia Park, Houston, TX under the Section 8 program is 1.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Magnolia Park, Houston, TX, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 34 |
Total Units Section 8 | 34 |
% Rentals under Section 8 | 1.1% |
% Occupied Section 8 | 92.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $37 | $833 | $870 |
| 2 Bedroom | -$200 | $1,240 | $1,040 |
| 3 Bedroom | -$210 | $1,600 | $1,390 |
| 4 Bedroom | $300 | $1,450 | $1,750 |
Affordability — Magnolia Park, Houston, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $154,000 |
| Median Household Income | $48,300 |