From January through December of 2019, there were four homes sold, with a median sale price of $81,000 - a 337.8% increase over the $18,500 median sale price for the previous year. There were two homes sold in Magnolia in 2018.
The median sales tax in Magnolia for the most recent year with available data, 2018, was $824, approximately 1% of the median home sale price for 2019.
The following table compares Magnolia to other Putnam County cities in 2019:
| City | Jan. - Dec. 2019 Home Sales | Jan. - Dec. 2018 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2019 Median Sales Price | Jan. - Dec. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Mark | 2 | 3 | -33.3% | $166,000 | $44,500 | 273% |
| Hennepin | 2 | 8 | -75% | $157,500 | $67,000 | 135.1% |
| Granville | 5 | 13 | -61.5% | $91,000 | $110,000 | -17.3% |
| Magnolia | 4 | 2 | 100% | $81,000 | $18,500 | 337.8% |
| McNabb | 1 | 5 | -80% | $59,900 | $103,000 | -41.8% |
| Standard | 1 | 0 | - | $37,500 | $0 | - |
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