Magnolia, TX77355

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$379,000
1.6% YoY Growth
Median Household Income
$101,000
21.0% 5-Year Growth
Days on Market
48
3.0% Shorter than last year
Home Price Forecast
0.3%
Median Rent
$1,870
2.0% YoY Growth
1-Bed Rent
$1,020
140.9% YoY Growth
2-Bed Rent
$1,100
2.5% YoY Growth
3-Bed Rent
$1,800
1.7% YoY Growth

Property Listings — Magnolia, TX

As of Oct '25, Realtor.com reports that the median days on market for a home in Magnolia, TX is 48. This is a decrease of -3.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 25.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$391,000-1.0%
Listing Count
24825.0%
Listings as % of Homes1.3%25.0%
Days on Market
48-3.0%
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Demographics — Magnolia, TX

As of the latest ACS Survey released in 2023, Magnolia, TX has a population of 31,700, which has increased by 13.0% over the past 5 years. Magnolia, TX is a moderately popular place for families, as children make up 23.5% of the population. The area has a moderately educated workforce, with 27.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.6% reporting working from home.

MetricLatest CensusYoY % Change
Population
31,70013.0%
% Under 18
23.5%1.7%
% Seniors
14.4%12.5%
% WFH
13.6%209.1%
% w/ College Degree
27.4%-7.7%
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As of the latest ACS Survey released in 2023, Magnolia, TX is a predominantly white area, with 67.7% of the population identifying as white. The white population has shrunk by 13.4% in the last 5 years. The second most common race or ethnicity in Magnolia, TX is hispanic, making up 25.3% of the population. Foreign-born residents account for 7.3% of the population in Magnolia, TX, and this percentage has increased by 9.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
67.7%-13.4%
% Black
1.7%-19.0%
% Hispanic
25.3%51.5%
% Asian
0.4%33.3%
% Foreign Born
7.3%9.0%
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Mortgage and Risk — Magnolia, TX

According to HUD data as of 2023, there were 699 mortgage originations in Magnolia, TX, of which 54.0% of loans were conventional mortgages. The average loan-to-value was 78.0%, with 53.0% above 90% LTV (very high). This implies large mortgage risk in Magnolia, TX. Investor activity is low, as 1.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
699
% Conventional Loans
54.0%
% Government Loans
46.0%
% Investor Loans
1.0%
% Second Loans
0.0%
% Cash Out Refinance
5.0%

Loan Activity

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Rentals and Section 8 — Magnolia, TX

As of 2024, the percent of homes in Magnolia, TX under the Section 8 program is 0.2%. 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. In Magnolia, TX, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.

Section 8 Market Size

Total Units under HUD
2
Total Units Section 8
2
% Rentals under Section 8
0.2%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$250$1,020$1,270
2 Bedroom$420$1,100$1,520
3 Bedroom$230$1,800$2,030
4 Bedroom$250$2,300$2,550

Affordability — Magnolia, TX

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.6
Median Home Price$379,000
Median Household Income$101,000

Magnolia, TX — ZIP Code Boundary Map

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Frequently Asked Questions