How much does it cost to buy a house in Magnolia Gloucester, MA?

In May 2026 Magnolia homes were listed to buy for a median price of $324K, which is a 57% decrease to April 2025 last month, and a 56% decrease to May 2025 last year. The median value of a home listed to buy in Magnolia in May 2026 was $424 per sqft, which is a 12% decrease to April 2025 last month, and a 12% decrease to May 2025 last year.

Is it affordable or expensive to live in Magnolia Gloucester, MA?

It is affordable to live in Magnolia. Buying a home in Magnolia is 1% less expensive compared with the national average.

Is it a good time to buy property in Magnolia Gloucester, MA?

Yes now is a good time to buy property in Magnolia, in May 2026, homes in Magnolia have decreased in value (price per sqft) by 12% in the last year compared with May 2025.

Are home prices dropping in Magnolia Gloucester, MA?

Home price are dropping in Magnolia, in May 2026, homes to buy in Magnolia have decreased in median list price by 18% compared with April 2026, one month ago.

Is the Magnolia Gloucester, MA housing market slowing down?

In May 2026, homes to buy in Magnolia spent an median 47 days on the market, a same May 2025 last year.

What are the best and safest places to live in Magnolia Gloucester, MA?

The best and safest neighborhoods to live in Magnolia in May 2026 are Annisquam, Beacon Hill, Downtown Boston, Seaport District, Back Bay, East Gloucester, Waban, Cambridgeport, South End, Waterfront, North End, West Gloucester, Marina Bay, Belvidere, West Revere, Allston, Squantum, West Peabody, Houghes Neck, Diamond District

How much money should I make to buy a house in Magnolia Gloucester, MA?

In May 2026, Magnolia homes were listed to buy for a median price of $324K, with 25% down you would need $1.87K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $64.3K.

Is it a good time to sell my house in Magnolia Gloucester, MA?

Yes now is a good time to sell your house in Magnolia, in May 2026, homes in Magnolia have decreased in value (price per sqft) by 12% in the last year compared with May 2025.

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Schools

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Magnolia Real Estate Snapshot

List Price

$399,000

$/Sqft

$416

Homes For Sale

Home Size

1,390 Sqft

Days on Movoto

Frequently Asked Questions about Magnolia Gloucester, MA

The Movoto Advantage

Movoto gives you access to the most up-to-the-minute real estate information in Magnolia. As a licensed brokerage in Massachusetts (and across the United States), Movoto has access to the latest real estate data including Magnolia Homes for Sale, Magnolia Single family for Sale, Magnolia Townhomes/Condos for Sale, Magnolia Recently Sold Homes.

Real Estate & Homes For Sale Nearby Magnolia Gloucester, MA

Counties

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