Is Magnolia, NJ 08049 a buyer’s or seller’s market?
Magnolia is a seller’s market. With about 3.4 months of supply and 60% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Competition score83/ 100
More competitive than 88% of U.S. ZIP codes, and #170 of 444 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
Months of supply3.4Under 4 months = seller’s market
Sold above original list60%Share of sales, last 3 months
Median sale-to-list103.3%Sold price ÷ list price
Median days on market20Listing to accepted offer
Median price per sq ft$255▼ −7.3% vs. last year
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Nearby markets
Atco 08004Seller’s market $207 /sq ftAudubon 08106Seller’s market $280 /sq ftBarrington 08007Seller’s market $264 /sq ftBellmawr 08031Seller’s market $235 /sq ft Browse all markets →Local agents
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology