From January through December of 2021, there were two homes sold, with a median sale price of $48,294 - a 93.2% increase over the $25,000 median sale price for the previous year. There were three homes sold in Magnolia in 2020.
The median sales tax in Magnolia for the most recent year with available data, 2019, was $868, approximately 1.8% of the median home sale price for 2021.
The following table compares Magnolia to other Putnam County cities in 2021:
| City | Jan. - Dec. 2021 Home Sales | Jan. - Dec. 2020 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2021 Median Sales Price | Jan. - Dec. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Hennepin | 9 | 9 | 0% | $160,000 | $85,000 | 88.2% |
| Mark | 3 | 5 | -40% | $145,900 | $105,000 | 39% |
| Granville | 20 | 7 | 185.7% | $112,500 | $115,600 | -2.7% |
| Standard | 3 | 2 | 50% | $80,000 | $78,500 | 1.9% |
| McNabb | 2 | 4 | -50% | $60,000 | $105,500 | -43.1% |
| Magnolia | 2 | 3 | -33.3% | $48,293.50 | $25,000 | 93.2% |
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