Is Magnolia Springs, AL 36555 a buyer’s or seller’s market?
Magnolia Springs is a seller’s market. With about 3.8 months of supply and 0% 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.
Months of supply3.8Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list97.6%Sold price ÷ list price
Median days on market104Listing to accepted offer
Median price per sq ft$241▼ −22.2% vs. last year
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Nearby markets
Bay Minette 36507Seller’s market $160 /sq ftBon Secour 36511 — /sq ftDaphne 36526Seller’s market $177 /sq ftElberta 36530Balanced $208 /sq ft Browse all markets →More tools for 36555
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology