Is Magnolia, DE 19962 a buyer’s or seller’s market?

The Magnolia housing market right now

In the three months ending August 31, 2026, 15% of homes in Magnolia, DE 19962 sold above their list price, the typical home went under contract in 62 days and there were 2.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 67 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 21%, homes sold more slowly (35 days then) and the median sale price rose 5% to $447,806. Overall, Magnolia is less competitive than a year ago, which gives buyers more room.

Within Kent County, homes here sell more slowly than in 75% of the county’s ZIP codes, and sell less often over asking than in 75%. On our competition score, Magnolia ranks #27 of 47 DE ZIP codes with enough sales (score 47 out of 100).

Nearby, buyers who want less competition could look at Viola 19979 (0% sold over asking) or Marydel 19964 (0% sold over asking), while Clayton 19938 (36% sold over asking) and Harrington 19952 (34% sold over asking) are even more competitive.