Adobe Stock
Adobe Stock
In August 2020, there were 27 homes sold, with a median sale price of $290,911 - a 5.2% decrease over the $307,000 median sale price for the same period of the previous year. There were 17 homes sold in Magnolia in August 2019.
The median sales tax in Magnolia for the most recent year with available data, 2015, was $805, approximately 0.3% of the median home sale price for August 2020.
The following table compares Magnolia to other Kent County cities with similar median sales prices in August 2020:
| City | Aug. 2020 Home Sales | Aug. 2019 Home Sales | % change (Total Home Sales) | Aug. 2020 Median Sales Price | Aug. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Big Oak Corners | 1 | 0 | - | $311,000 | $0 | - |
| Foxhall Courtside | 5 | 1 | 400% | $308,990 | $226,000 | 36.7% |
| Clayton | 14 | 21 | -33.3% | $301,247.50 | $271,797 | 10.8% |
| Riverview | 2 | 2 | 0% | $299,500 | $276,000 | 8.5% |
| Brookfield | 1 | 1 | 0% | $295,000 | $271,000 | 8.9% |
| Magnolia | 27 | 17 | 58.8% | $290,911 | $307,000 | -5.2% |
| Eagles Nest | 2 | 2 | 0% | $290,000 | $269,950 | 7.4% |
| Brenford | 1 | 0 | - | $290,000 | $0 | - |
| Lucky Estates | 4 | 0 | - | $290,000 | $0 | - |
| Church Creek | 1 | 0 | - | $279,900 | $0 | - |
| Garrison Lake Green | 2 | 5 | -60% | $278,275 | $322,000 | -13.6% |
ORGANIZATIONS IN THIS STORY
!RECEIVE ALERTS
The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Alerts Sign-up