Is Magnolia, IL 61336 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Magnolia is a seller’s market. With about 1.1 months of supply and 33% 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 supply1.1Under 4 months = seller’s market
Sold above original list33.3%Share of sales, last 3 months
Median sale-to-list98.4%Sold price ÷ list price
Median days on market46Listing to accepted offer
Median price per sq ft$142▲ +65.8% vs. last year

Nearby markets

Granville 61326Seller’s market $117 /sq ftHennepin 61327Seller’s market $132 /sq ftMark 61340 — /sq ftMc Nabb 61335Seller’s market $99 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology