Magnolia, DE Town Information, and Market Report

Real Estate in Magnolia, DE

Magnolia is a town in Kent County, Delaware, United States. The Town of Magnolia claims both Swedish and Dutch heritage. In 1885 the citizens within the Murderkill Hundred founded the town. These founders laid out the boundary of the city, designing it as a circle to represent brotherhood. The community is so small that it is not necessary to have parking garages or other paid parking spots. Magnolia mostly consists of small housing developments such as single-family homes, and the rest is farm land. Several new houses were appraised over the past few years during the housing boom.

Properties for sale in Magnolia, DE.

Magnolia, DE Amenities

Magnolia has several prominent historic locations that appear on the National Register of Historic Places. John B. Lindale House, a privately owned residence that was built in the early 1900's has both agricultural and architectural significance and was home to one of the last great peach barons in Delaware. Second is Matthew Lowber House, built in 1774 as a domestic dwelling. This Quaker mansion has brought much publicity to Magnolia with its amazing brickwork and huge sycamore trees. The third is Mother Kill Friends’ Burial Ground, a historic Quaker cemetery situated adjacent to the town’s northwestern border. Lastly is the Magnolia United Methodist Church, a historic church built in 1856.

What Schools are available for Magnolia, DE Residents?

The town is small, but there are three outstanding local schools to choose from namely, Regina Kealty Day Care, Saint Thomas More Academy, and J Ralph McIlvaine Elementary School. The residents are proud to offer students and families exemplary instructional programming that encourages families to become partners in their child’s education.

Magnolia, DE Neighborhood Report

Population: 233 (2014)

Estimated median household income: $44,012 (2016)

Estimated median house value: $177,586 (2016) Magnolia, DE Market Report Properties currently active on the market: 134

Median Listing Price: $278,000

Price per square foot: $119

Median Closing Price: $227,000 There are currently 134 homes for Sale in Magnolia, DE If you would like to receive a FREE Competitive Market Analysis, contact me today. Let Me Help You Find Your Magnolia, DE Home! Click the link to find a complete list of Homes for Sale in Magnolia, DE. If you are a buyer, it is important to have the assistance of a Buyer's Agent to represent you during the transaction. If you need additional assistance or would like to schedule a showing, contact our office at 302-685-4042. ************************************************************************************

POSTED BY

Ray Petkevis

Real Estate Team

755 N. Broad St.

Middletown, DE 19709

302-685-4042

info@derealtygroup.com