RexMont

Magnolia Real Estate Market

Magnolia Housing Market Report

Magnolia is Seattle's quiet view peninsula — single-family streets wrapped around Discovery Park, bluff sightlines across Puget Sound to the Olympics, and a geography that keeps both traffic and inventory scarce. The market prices in view tiers rather than averages, and the gap between a sound-view street and an interior block is the neighborhood's defining number.

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Adriano Tori, Designated Broker — RexMont Real Estate

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Adriano Tori

Designated Broker, Founder & CEO — RexMont Real Estate · WA Lic. #27660

Adriano leads RexMont Real Estate — the most-reviewed real estate brokerage in Seattle and the Eastside. 1,200+ closed transactions, $1B+ in production, and 1,241 five-star Google reviews.

5.0 · 1,241 Google reviewsBest of 2026NWMLS MemberAbout Adriano →
Median Listing Price
$960K
Price per Sq Ft
$541
Days on Market
33 days
Dominant Stock
View Single-Family

As of September 2026, the median listing price in Magnolia is $960K ($541 per square foot), and homes are averaging 33 days on market.

Stats updated September 2026· refreshed monthly and reviewed by RexMont's brokerage team.

Market context

What shapes Magnolia's market.

Views are the market's spine. The west and south bluffs deliver protected sightlines — Puget Sound, the Olympics, Mount Rainier, the downtown skyline — and because geography rather than zoning protects them, Magnolia's view premiums are among the city's most durable. Comps here sort into view tiers before they sort into anything else.

Discovery Park is the second premium. Seattle's largest park forms the peninsula's western end, and the blocks that borrow its trails, beaches, and open space carry a quieter but persistent price advantage — the closest thing in the city to national-park adjacency.

Seclusion is priced as a feature. A handful of bridges connect Magnolia to the rest of the city, keeping through-traffic out and the streets calm. Buyers self-select for that trade, which filters the demand pool toward committed, often long-tenure owners — one reason turnover stays low and inventory scarce.

The stock barely changes. Development pressure that rebuilt Ballard and filled Interbay with townhomes has largely passed Magnolia by; the peninsula remains mid-century and prewar single-family with a small Village condo cluster. Stable stock means stable comps — and it means each renovated view home resets its tier's ceiling visibly.

Coverage

Service area at a glance

RexMont represents buyers and sellers across these Seattle and Eastside markets. Click any city for the full local guide.

Bellevue, WA

ZIPs: 98004 · 98005 · 98006 · 98007 · 98008

Schools: Bellevue SD

Medina, WA

ZIP: 98039

Schools: Bellevue SD

Clyde Hill, WA

ZIP: 98004

Schools: Bellevue SD

Mercer Island, WA

ZIP: 98040

Schools: Mercer Island SD

Kirkland, WA

ZIPs: 98033 · 98034

Schools: Lake Washington SD

Redmond, WA

ZIPs: 98052 · 98053

Schools: Lake Washington SD

Sammamish, WA

ZIPs: 98074 · 98075

Schools: Lake Washington / Issaquah SD

Issaquah, WA

ZIPs: 98027 · 98029

Schools: Issaquah SD

Newcastle, WA

ZIPs: 98056 · 98059

Schools: Renton SD

Woodinville, WA

ZIPs: 98072 · 98077

Schools: Northshore SD

Kenmore, WA

ZIP: 98028

Schools: Northshore SD

Seattle, WA

ZIPs: 98101 · 98109 · 98112 · 98115 · 98118

Schools: Seattle Public Schools

Buying in Magnolia

Buy the view tier deliberately — the same floor plan trades hundreds of thousands apart across three blocks, and protected sightlines are what hold value. RexMont verifies what each view tier has actually closed at before you offer, and reads lot, light, and slope like a local.

Talk to a Magnolia buyer agent

Selling in Magnolia

Your buyer is paying for the sightline and the setting — the marketing has to sell both, and the price has to match your view tier's real comps, not the neighborhood average. RexMont positions Magnolia homes against the tier they actually compete in.

Get your Magnolia home value

Live NWMLS data

Active homes for sale in Magnolia

The latest active NWMLS listings in Magnolia, refreshed hourly.

Search all Magnolia listings
Median price
$960K
Median $/sqft
$541
Avg days on market
33
Listings for sale
100+

Listing data courtesy of NWMLS. Provided for the consumer's personal, non-commercial use. Market stats reflect representative market data for Magnolia; current listings and individual neighborhoods may vary.

Search all Magnolia listings

Related markets

Explore Seattle's markets.

FAQ

Questions buyers and sellers ask first.

Is Magnolia a buyer's or seller's market?

Magnolia trades on scarcity: a geographically enclosed peninsula of single-family streets where inventory stays thin in every cycle. View homes along the bluffs — Puget Sound, the Olympics, downtown — sell on their own tier and rarely negotiate hard. Interior streets without views are where buyers find their leverage.

What drives Magnolia's price premiums?

Views first — sound, mountains, or skyline, in that rough order of premium — then lot and light. Magnolia's bluff and upper streets carry some of Seattle's most defensible view premiums because the sightlines are protected by geography rather than zoning luck. Discovery Park adjacency adds a second, quieter premium band.

How does Magnolia's geography affect daily life and value?

The peninsula connects to the rest of Seattle across a small number of bridges, which keeps through-traffic out and the neighborhood quiet — the classic Magnolia trade. Buyers accept a slightly longer drive to everything in exchange for one of the city's calmest single-family settings; the market prices that seclusion as a feature.

What housing stock should buyers expect in Magnolia?

Predominantly single-family — mid-century homes on the view streets, Craftsman and Tudor stock in the Village-adjacent blocks, and a modest condo cluster near Magnolia Village. Townhome development is limited compared to the rest of Seattle, so the neighborhood's character and comps stay unusually stable.

How current is the market data on this page?

Stats refresh monthly from regional market data and are reviewed by RexMont's brokerage team. Live listing stats come from active NWMLS listings in the neighborhood, so the numbers reflect current on-market inventory.

How does RexMont represent Magnolia buyers and sellers?

View markets punish imprecision, so RexMont prices Magnolia on closed view-tier comps — what sound views, mountain views, and skyline sightlines have actually cleared at — rather than neighborhood averages. 1,241 Google 5-star reviews and $1B+ in closed production back that discipline.

View markets punish imprecision.

When three blocks separate view tiers worth hundreds of thousands, pricing discipline is everything. RexMont brings 1,241 Google 5-star reviews, $1B+ in closed production, and 1,200+ transactions to every Magnolia engagement.

Talk to a Magnolia real estate expert