The housing market in Magnolia Springs continues to see strong price appreciation, with values up 110.9% compared to last year. Home prices have increased 73.1% in the past month alone. With 5.0 months of supply, Magnolia Springs's inventory levels remain relatively tight. Homes are now taking an average of 43 days to sell, significantly longer than the 3 days typical for this market. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Magnolia Springs market with the affordability index at 4084.5. Based on current market indicators, home prices in Magnolia Springs are projected to decrease by approximately 9.9% over the next month.