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Magnolia Homes for Sale

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  • 24 Flume Rd, Gloucester, MA 01930
    24 Flume Rd, Gloucester, MA 01930
    24 Flume Rd, Gloucester, MA 01930
    /36

    $2,500,000

    • 3 Beds
    • 2.5 Baths
    • 2,514 Sq Ft

    24 Flume Rd, Gloucester, MA 01930

    Home in desirable Magnolia neighborhood with additional buildable lot. Enjoy breathtaking ocean views from this beautifully maintained home. The spacious and inviting front entry welcomes you with a grand "good morning" staircase that leads to an open-concept main level. The kitchen and dining areas flow seamlessly into a bright and sunny skylit sunroom, also known as the "Florida Room." Designed

    Heather Dagle RE/MAX Beacon

    24 Flume Rd, Gloucester, MA 01930
  • 24 Flume Rd, Gloucester, MA 01930
    24 Flume Rd, Gloucester, MA 01930
    24 Flume Rd, Gloucester, MA 01930
    /40

    $1,800,000

    • 3 Beds
    • 2.5 Baths
    • 2,514 Sq Ft

    24 Flume Rd, Gloucester, MA 01930

    Enjoy breathtaking ocean views from this beautifully maintained home. The spacious and inviting front entry welcomes you with a grand "good morning" staircase that leads to an open-concept main level. The kitchen and dining areas flow seamlessly into a bright and sunny skylit sunroom, also known as the "Florida Room. "Designed with entertaining in mind, this home features a formal living room and

    Heather Dagle RE/MAX Beacon

    24 Flume Rd, Gloucester, MA 01930
  • 146 Hesperus Ave, Gloucester, MA 01930
    146 Hesperus Ave, Gloucester, MA 01930
    146 Hesperus Ave, Gloucester, MA 01930
    /42

    $1,395,000 Open Sun 12PM - 2PM

    • 4 Beds
    • 3 Baths
    • 3,643 Sq Ft

    146 Hesperus Ave, Gloucester, MA 01930

    Welcome to your ideal coastal retreat, perfect for the whole family. This beautifully updated and thoughtfully designed oceanview home features lush perennial gardens and striking natural stonework, creating a private oasis by the sea.With two distinct living areas, it’s an exceptional setup for multigenerational living. The main level opens into a sun-drenched, open-concept space with a stylish

    William Rochford Sagan Harborside Sotheby's International Realty

    146 Hesperus Ave, Gloucester, MA 01930
  • 44 Lexington Ave Unit 23, Gloucester, MA 01930
    44 Lexington Ave Unit 23, Gloucester, MA 01930
    44 Lexington Ave Unit 23, Gloucester, MA 01930
    /21

    $379,999

    • 1 Bed
    • 1 Bath
    • 701 Sq Ft

    44 Lexington Ave Unit 23, Gloucester, MA 01930

    Introducing a beautifully updated 1-bedroom, 2nd floor unit at Harborview Condominiums. This highly sought-after residence offers tranquility and peace, with spectacular views from the living room & bedroom with slider leading to the balcony for night star gazing. Enjoy the lifestyle where others vacation, with an elevator that takes you from your private deeded parking space right to your

    Richard Palladino Century 21 North East

    44 Lexington Ave Unit 23, Gloucester, MA 01930
  • 54 Lexington Ave Unit 32, Gloucester, MA 01930
    54 Lexington Ave Unit 32, Gloucester, MA 01930
    54 Lexington Ave Unit 32, Gloucester, MA 01930
    /13

    $357,000 Open Sat 1:30PM - 3:30PM

    • 1 Bath
    • 400 Sq Ft

    54 Lexington Ave Unit 32, Gloucester, MA 01930

    Experience relaxed coastal living with year-round ocean views in this charming top-floor studio. Whether you’re seeking a weekend escape, commuter-friendly pied-à-terre, or low-maintenance investment, this condo delivers. Sip morning coffee on your private deck, bathed in natural light. Features include original 1920s hardwood floors, granite countertops, Anderson windows, full kitchen, and a

    Patricia Nunez Redfin Corp.

    54 Lexington Ave Unit 32, Gloucester, MA 01930
  • 2 Ocean Ave Unit 3H, Gloucester, MA 01930
    2 Ocean Ave Unit 3H, Gloucester, MA 01930
    2 Ocean Ave Unit 3H, Gloucester, MA 01930
    /28

    $354,900 Open Sat 12PM - 1PM

    • 2 Beds
    • 1 Bath
    • 870 Sq Ft

    2 Ocean Ave Unit 3H, Gloucester, MA 01930

    Great opportunity to own a newly renovated 2-bedroom, 1-bathroom unit in the heart of Gloucester. Freshly painted with new flooring, updated bathroom vanity, and granite countertops, this home is move-in ready. Enjoy the spacious bedrooms bathed in natural light and featuring new wall-to-wall carpeting. Whether you're seeking a comfortable home or a promising investment opportunity, this unit

    Candor Realty Group Four Points Real Estate, LLC

    2 Ocean Ave Unit 3H, Gloucester, MA 01930
  • 2 Old Salem Path, Gloucester, MA 01930
    2 Old Salem Path, Gloucester, MA 01930
    2 Old Salem Path, Gloucester, MA 01930
    /28

    $1,475,000 Open Sun 12PM - 2PM

    • 4 Beds
    • 2 Baths
    • 2,296 Sq Ft

    2 Old Salem Path, Gloucester, MA 01930

    Your search stops here. Pack your bags, call Atlas Van Lines. Tastefully and professionally restored 4-bedroom colonial situated on a no outlet private way just a short walk into Magnolia Village. You will love this sun splashed retreat. Sit on the front porch to enjoy the cooling ocean sea breezes. Heading out the front door on the south side commences an invigorating stroll to the Magnolia

    Don Dunsky Don Dunsky Real Estate

    2 Old Salem Path, Gloucester, MA 01930
Massachusetts Gloucester Magnolia

Real Estate & Homes for Sale in Magnolia, Gloucester

Why Live in Magnolia

Magnolia, a neighborhood in Gloucester, offers a diverse range of housing styles, including ranch-style homes, Cape Cods, New Englander styles, and Colonial Revival-inspired homes, many of which were built between the 1880s and 1980s. These homes often feature muted colors and modest-sized yards with porches and personal gardens. Outdoor attractions in Magnolia include the scenic Gray Beach, also known as Magnolia Beach, and Magnolia Pier, ideal for fishing and enjoying Massachusetts Bay views. Ravenswood Park, a short drive away, provides over 10 miles of shaded gravel trails. The Magnolia Library and Community Center, a community staple since 1886, hosts various events and offers study spaces. History enthusiasts can visit the Hammond Castle Museum, which houses European artifacts. Dining options include GrillFriends Restaurant, known for comfort food, and Magnolia 525 Tavern, offering cocktails and seafood. The Magnolia Community Farmers' Market operates every Sunday from mid-June to mid-September. The neighborhood is pedestrian-friendly, with ample sidewalks connecting the beach to shops on Lexington Avenue. For commuters, the West Gloucester commuter rail station is less than 4 miles away, and major highways like Interstate 95 and U.S. Route 1 are accessible via the Yankee Division Highway. Addison Gilbert Hospital is 5 miles away, and Boston Logan International Airport is 40 miles to the south. Students attend Gloucester Public Schools, which are highly rated and known for their athletic programs.

Learn more about living in Magnolia

Frequently Asked Questions

Is Magnolia a good place to live?
Magnolia is a good place to live. Magnolia is considered very car-dependent and somewhat bikeable with minimal transit options. Magnolia has 6 parks for recreational activities. It has a median age of 54. The average household income is $135,191 which is above the national average. College graduates make up 47.1% of residents. A majority of residents in Magnolia are home owners, with 27.1% of residents renting and 72.9% of residents owning their home. A local real estate agent serving Magnolia can help you decide if this neighborhood is the right one for you. Learn more on our Magnolia neighborhood guide.
How much do you need to make to afford a house in Magnolia?
The median home price in Magnolia is $789,000. If you put a 20% down payment of $157,800 and had a 30-year fixed mortgage with an interest rate of 6.31%, your estimated principal and interest payment would be $3,910 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $168K a year to afford the median home price in Magnolia. The average household income in Magnolia is $135K.
What are the best public schools in Magnolia?
The best public schools that serve Magnolia are:
What are the most popular zip codes in Magnolia, Gloucester, MA?
The most popular zip codes in Magnolia, Gloucester, MA include 02127, 02128, 02116, 02118 and 02151.
What are the most popular neighborhoods near Magnolia, Gloucester, MA?
The most popular neighborhoods near Magnolia, Gloucester, MA are West Gloucester, Central Gloucester, East Gloucester, Riverview and Beverly Farms.
Are home prices dropping in Magnolia?
Yes, home prices in Magnolia are down 26% in the last 12 months.

Home Trends in Magnolia, MA

On average, homes in Magnolia, Gloucester sell after 33 days on the market compared to the national average of 49 days. The median sale price for homes in Magnolia, Gloucester over the last 12 months is $750,000, up 17% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$750,000
Median Single Family Sale Price
$853,125
Median 2 Bedroom Sale Price
$670,000
Median 1 Bedroom Sale Price
$639,499
Average Price Per Sq Ft
$573
Number of Homes for Sale
6
Last 12 months Home Sales
16
Months of Supply
4.50
Median List Price
$789,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
17%
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