The typical home value in
Magnolia Glen
is projected to be
$387,500
for the month of
November.
October’s
finalized data reported the typical value of a home in the
neighborhood
to be
$385,000—down
15.38%
over the previous 12 months.
For comparison,
city-level
data pegged home values at
$380,000
in
Chicago
for the most recent reporting period.
That number is expected to float around
$385,000
in
November.
Magnolia Glen
had
7
new listings and
6
listings that went under contract in
October,
decreasing
the area’s total available inventory to
4—down
20.0%
from the previous month. Inventory is projected to have further
decreased
in
November.
The median listing price for homes in
Magnolia Glen
grew
58.31%
from
September
to
October,
bringing the current median listing price to
$600,000.
Based on projected data for
November,
listing prices may continue to
grow.
The number of days that homes have been on the market prior to going under contract
fell
year-over-year. In
October 2025,
the median time for a listed property to go pending was
54
days, compared to
65
days in
October 2024.
In recent months the median number of days from listed to pending appears to be decreasing.
That trend is predicted to have carried through to this
November.
