Is Magnolia Springs, AL 36555 a buyer’s or seller’s market?
Magnolia Springs is a seller’s market. With about 3.8 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Magnolia Springs housing market right now
In the three months ending August 31, 2026, 0% of homes in Magnolia Springs, AL 36555 sold above their list price, the typical home went under contract in 104 days and there were 3.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 5 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (91 days then) and the median sale price fell 15% to $579,749. Overall, Magnolia Springs is less competitive than a year ago, which gives buyers more room.
Within Baldwin County, homes here sell more slowly than in 89% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Stapleton 36578 (33% sold over asking) and Summerdale 36580 (21% sold over asking) are even more competitive.
Run the numbers for 36555
Nearby markets
Bay Minette 36507Seller’s market $160 /sq ftBon Secour 36511 — /sq ftDaphne 36526Seller’s market $177 /sq ftElberta 36530Balanced $208 /sq ft Browse all markets →Towns like Magnolia Springs nearby
Find towns like Magnolia Springs in other states →Where Magnolia Springs is
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Questions about Magnolia Springs real estate
Is Magnolia Springs a buyer’s or seller’s market?
A seller’s market: there were 3.8 months of supply in Magnolia Springs, AL 36555 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Magnolia Springs?
The typical home went under contract in 104 days in the latest three months.
Do homes in Magnolia Springs sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 97.6% of the list price.
What are property taxes in Magnolia Springs?
About 0.30% of a home’s value a year in Baldwin County, or roughly $1,200 on a $400,000 home.
What is the median home price in Magnolia Springs?
The median sale price was $579,749 in the three months ending August 31, 2026, about $241 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology