Is Magnolia, KY 42757 a buyer’s or seller’s market?
Magnolia 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 housing market right now
In the three months ending August 31, 2026, 0% of homes in Magnolia, KY 42757 sold above their list price, the typical home went under contract in 52 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 fell from 11%, homes sold more slowly (35 days then) and the median sale price rose 9% to $207,410. Overall, Magnolia is less competitive than a year ago, which gives buyers more room.
Within Hart County, homes here sell faster than in 83% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Munfordville 42765 (7% sold over asking) is even more competitive.
Run the numbers for 42757
Nearby markets
Bonnieville 42713Seller’s market $174 /sq ftCanmer 42722Buyer’s market $142 /sq ftCub Run 42729Seller’s market $196 /sq ftHardyville 42746Buyer’s market $126 /sq ft Browse all markets →Towns like Magnolia nearby
Find towns like Magnolia in other states →Where Magnolia is
Loading map…
Questions about Magnolia real estate
Is Magnolia a buyer’s or seller’s market?
A seller’s market: there were 3.8 months of supply in Magnolia, KY 42757 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?
The typical home went under contract in 52 days in the latest three months.
Do homes in Magnolia sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 98.1% of the list price.
What are property taxes in Magnolia?
About 0.66% of a home’s value a year in Hart County, or roughly $2,640 on a $400,000 home.
What is the median home price in Magnolia?
The median sale price was $207,410 in the three months ending August 31, 2026, about $140 per square foot.
Local agents
See all agents in 42757 →No sponsored agents in 42757 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 42757
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology