Question 1

What is the median sold price in Magrath?

Accepted Answer

The median sold price in Magrath is $347,500 based on 64 home sales over the past 2 years. The median represents the middle price point where half of homes sold for more and half sold for less, making it a reliable indicator of typical home values in the area.

Question 2

What is the average home price in Magrath?

Accepted Answer

The average sold price in Magrath is $378,431. Note that the average ($378,431) is higher than the median ($347,500), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Magrath?

Accepted Answer

Home prices in Magrath range from $58,000 to $1,350,000 based on recent sales data. This $1,292,000 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Magrath selling above or below asking price?

Accepted Answer

On average, homes in Magrath are selling at 96.1% of their asking price. This means there is some room for negotiation, with homes selling slightly below asking. Buyers may have room to negotiate on price.

Question 5

How long do homes take to sell in Magrath?

Accepted Answer

Homes in Magrath are selling in an average of 70 days. This indicates a buyer's market with more negotiating power for purchasers. Buyers can take their time and carefully evaluate options before making an offer.

Question 6

What is the price per square foot in Magrath?

Accepted Answer

The average price per square foot in Magrath is $262. This metric helps you compare homes of different sizes on an equal basis. For example, a 2,000 sq ft home at this rate would cost approximately $524,000.

Question 7

How active is the real estate market in Magrath?

Accepted Answer

The Magrath market has seen 64 home sales over the past 2 years, with 23 properties currently for sale. With ample inventory available, buyers have plenty of options to choose from.

Question 8

How many new listings are coming to market in Magrath?

Accepted Answer

There have been 1 new listings in Magrath during April 2026. Monitoring new inventory helps buyers catch fresh opportunities and helps sellers understand their competition.

Question 9

What types of properties are selling in Magrath?

Accepted Answer

The most common property types selling in Magrath are: detached single family (56 sold, avg $398,318), vacant lot (7 sold, avg $228,429), duplex (1 sold, avg $314,800). Each property type has different price points and characteristics to consider when buying or selling.

Question 10

How much do detached homes cost in Magrath?

Accepted Answer

Detached homes in Magrath are selling for an average of $398,318, with 56 sales over the past 2 years.

Question 11

Are home prices rising or falling in Magrath?

Accepted Answer

Home prices in Magrath have increased by 75.3% over the past 2 years. The average sold price moved from $182,500 to $320,000. This upward trend indicates strong demand and potential equity gains for homeowners.

Question 12

Is Magrath a buyer's or seller's market?

Accepted Answer

Based on current data, Magrath is a buyer's market. Homes are selling in 70 days on average and at 96.1% of asking price. Buyers have leverage to negotiate on price and terms. Sellers may need to price competitively to attract offers.

Question 13

What percentage of homes sell above asking price in Magrath?

Accepted Answer

In Magrath, 13% of homes sold above asking price, while 84% sold below asking. Most homes sell at or below their listed price, giving buyers room to negotiate.

Question 14

What are the average property taxes in Magrath?

Accepted Answer

The average annual property tax in Magrath is $2,940, with a median of $2,605. Property taxes vary based on the assessed value of the home and are an important factor when calculating your total monthly housing costs.

Question 15

What size homes are selling in Magrath?

Accepted Answer

Homes selling in Magrath range from 566 to 3,422 square feet. This variety means you can find everything from compact condos and starter homes to spacious family residences and luxury properties.

Question 16

How much do home prices vary in Magrath?

Accepted Answer

Magrath shows moderate price diversity with a standard deviation of $203,374 around the average price of $378,431. This wide range indicates a diverse market with options at many price points.

Question 17

Where can I find recently sold homes in Magrath?

Accepted Answer

You can view a comprehensive list of houses sold in Magrath right here on our market history feed. We update our data daily to ensure you have access to the latest sold real estate listings and final closing prices.

Question 18

Why is seeing sold house prices important?

Accepted Answer

Sold house prices are the only true indicator of market value. Active listing prices are just "wishes," but recently sold homes reflect what buyers are actually willing to pay. Comparing active properties against homes that have recently sold helps you avoid overpaying.

Question 19

Can I see the final sold price on MLS® listings?

Accepted Answer

Yes. While public sites often remove the price once a deal closes, our MLS® listings sold page grants you access to the final sale numbers, days on market, and price history for recently sold homes in Magrath.

Just Sold: Magrath Home Prices & Sale History

Magrath Sold Data Overview

Recently Sold in Magrath

Sold Data & Market Statistics for Magrath

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2-Year Market Trends: All Property Types

Negotiation & Cost Insights

Neighbourhood Sold Data

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