In May 2021, there were four homes sold, with a median sale price of $177,450 - a 34.9% increase over the $131,500 median sale price for the same period of the previous year. There were two homes sold in Magnolia in May 2020.
The median sales tax in Magnolia for the most recent year with available data, 2018, was $3,307, approximately 1.9% of the median home sale price for May 2021.
The following table compares Magnolia to other Stark County cities with similar median sale prices in May 2021:
| City | May 2021 Home Sales | May 2020 Home Sales | % change (Total Home Sales) | May 2021 Median Sales Price | May 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Canal Fulton | 19 | 10 | 90% | $205,000 | $180,500 | 13.6% |
| North Industry | 1 | 1 | 0% | $205,000 | $124,500 | 64.7% |
| North Canton | 54 | 35 | 54.3% | $201,500 | $173,500 | 16.1% |
| Lake View Heights | 1 | 0 | - | $182,500 | $0 | - |
| Meyers Lake | 3 | 2 | 50% | $182,500 | $101,450 | 79.9% |
| Magnolia | 4 | 2 | 100% | $177,450 | $131,500 | 34.9% |
| Louisville | 34 | 19 | 78.9% | $175,500 | $155,000 | 13.2% |
| Ridgedale | 2 | 1 | 100% | $173,750 | $132,500 | 31.1% |
| Indianola Estates | 3 | 0 | - | $172,000 | $0 | - |
| Greenwood Acres | 1 | 0 | - | $170,100 | $0 | - |
| Grove Mill | 2 | 1 | 100% | $165,500 | $72,000 | 129.9% |
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