RexMontReal Estate

Magnolia real estate.

Quiet bluff-top streets, Discovery Park access, and Sound and Olympic views.

Median sale price
$1.06M
Days on market
21

Live NWMLS data · zip 98199 · May 2026

About Magnolia

Magnolia is a peninsula neighborhood bordered by Discovery Park, Puget Sound, and Salmon Bay — one of the most insulated, residential pockets in the city. The Village area provides walkable retail, but most of Magnolia is single-family living on quiet, curvy streets that wind along the bluff.

Buyers here are typically families and professionals looking for space, views, and access to one of the largest urban parks in the country. Bluff-top homes facing the Olympics command meaningful premiums, while interior streets offer relative value for the location.

Median Sale Price

$1.06M

$573/sqft · 21 days on market

162 active listings · updated May 2026

Schools

Seattle Public Schools; Lawton or Catharine Blaine, McClure Middle School, Lincoln High School

Commute

15 min to downtown via Magnolia Bridge or Dravus. 10 min to Interbay/Expedia campus. Limited transit options compared to denser neighborhoods.

Common questions about Magnolia real estate

What is the median sale price in Magnolia?
The current median sale price in the Magnolia zip code is $1.06M ($573 per square foot), based on the most recent NWMLS data refreshed May 2026. Typical asking prices in Magnolia run Single-family $1M–$1.8M interior, $2M–$5M+ for bluff and water-view homes.
How competitive is the Magnolia real estate market right now?
Median days-on-market in Magnolia is currently 21 days, with 162 active listings tracked in this zip code as of May 2026. Buyers generally have time to evaluate properties without same-day pressure, though best-in-class homes still attract competition.
Which schools serve Magnolia?
Seattle Public Schools; Lawton or Catharine Blaine, McClure Middle School, Lincoln High School. School attendance areas are reviewed annually by the district — verify your exact address at seattleschools.org/admissions before relying on assignments for a purchase decision.
What is the commute like from Magnolia?
15 min to downtown via Magnolia Bridge or Dravus. 10 min to Interbay/Expedia campus. Limited transit options compared to denser neighborhoods.
How do I buy or sell a home in Magnolia?
RexMont's agents represent buyers and sellers across Magnolia and the broader Seattle market. For buyers, we provide curated active listings, off-market opportunities, and a tailored offer strategy. For sellers, we prepare an agent-reviewed valuation and a custom listing plan. Reach the team via the contact links on this page.

Nearby Seattle neighborhoods

Considering Magnolia? Buyers commonly compare it against these adjacent Seattle neighborhoods.