Why Live in Magnolia
Magnolia is a small city known for its strong community spirit and rural charm, surrounded by expansive Arkansas fields. The city offers a slower pace of life and is conveniently located near larger towns like Texarkana and Shreveport. Housing in Magnolia primarily consists of single-family homes built in the early-to-mid-20th century, with affordable price points and generous acreage. The local economy is supported by sectors such as education, manufacturing, and healthcare. Magnolia is intersected by major roads, including U.S. Highways 82 and 79, and is served by South Arkansas Regional Airport, 27 miles away, and Texarkana Regional Airport, 50 miles away. Outdoor attractions include Lake Columbia, popular for boating and fishing, and Logoly State Park, which offers environmental education and trails through old-growth forests. Downtown Magnolia features vibrant murals and local shops, while the east side hosts larger shopping centers. The Magnolia Blossom Festival in May is a highlight, featuring the World Championship Steak Cook-off. Educational opportunities are available through the Magnolia School District and Southern Arkansas University. While crime statistics are not readily available, the area experiences extremely hot summers and mild winters, with a tornado risk higher than the national average.
Home Trends in Magnolia, AR
On average, homes in Magnolia, AR sell after 80 days on the market compared to the national average of 50 days. The median sale price for homes in Magnolia, AR over the last 12 months is $179,900, up 2% from the median home sale price over the previous 12 months.
Median Sale Price
$179,900
Median Single Family Sale Price
$214,000
Median Townhouse Sale Price
$944,500
Median 2 Bedroom Sale Price
$158,550
Average Price Per Sq Ft
$117
Number of Homes for Sale
55
Last 12 months Home Sales
33
Median List Price
$228,000
Median Change From 1st List Price
8%
Median Home Sale Price YoY Change
2%