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Newest Homes for Sale in Magnolia

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  • /23

    $299,000

    Open Sun 11AM - 12:30PM
    • 1 Bath
    • 400 Sq Ft

    54 Lexington Ave Unit 32, Gloucester, MA 01930

    A little piece of New England history is waiting for you by the cliffs of Cape Ann. Experience a true gem of North Shore living in Gloucester’s famed Magnolia neighborhood. Located on the site of the legendary Grande Dame Oceanside Hotel, this charming and cozy studio brings coastal living right to your doorstep—for just $299K! Step outside to sweeping views of the Atlantic Ocean in one direction

    Kurt Coleman Coldwell Banker Realty - Brookline

    54 Lexington Ave Unit 32, Gloucester, MA 01930
  • /42

    $4,500,000

    • 7 Beds
    • 5.5 Baths
    • 6,367 Sq Ft

    31 Shore Rd, Gloucester, MA 01930

    A landmark of Magnolia's storied coastline, this extraordinary oceanfront estate has graced Shore Road since 1889. Set above the Atlantic on one of Cape Ann's most coveted seaside addresses, the residence masterfully blends timeless architecture with thoughtfully curated updates, creating a home that feels both historically significant and effortlessly livable. Sunlight pours through expansive

    McDermott Group Gibson Sotheby's International Realty

    31 Shore Rd, Gloucester, MA 01930
  • /39

    $599,000

    Open Sun 12PM - 2PM
    • 1 Bed
    • 1 Bath
    • 1,145 Sq Ft

    158 Hesperus Ave Unit 2L, Gloucester, MA 01930

    Discover sophisticated living at 158 Hesperus Ave U:2L in Gloucester, MA. This water view renovated 5 room 2nd floor one level condo offers 1145 square feet of refined space in great condition. Located in a private Magnolia area estate setting on 1 acre of lovely grounds in an attractive grand Victorian style home that blends historical charm with contemporary comfort. The fully applianced

    Peter Lane North Shore's Gold Coast Realty

    158 Hesperus Ave Unit 2L, Gloucester, MA 01930
  • /40

    $1,139,000

    Open Sun 12PM - 2PM $108K PRICE DROP
    • 3 Beds
    • 2.5 Baths
    • 2,400 Sq Ft

    30 Magnolia Ave, Gloucester, MA 01930

    Welcome to this beautifully maintained home nestled in one of Magnolia's most desirable neighborhoods. From the front porch with ceiling fans to the landscaped gardens, this property offers timeless charm. Inside, enjoy a bright, open floor plan perfect for everyday living. The updated kitchen boasts modern finishes and flows seamlessly into the spacious living and dining area. Recently renovated

    Jane Meterparel and Brian Marvelley Churchill Properties

    30 Magnolia Ave, Gloucester, MA 01930
  • /40

    $4,295,000

    $400K PRICE DROP
    • 4 Beds
    • 3.5 Baths
    • 4,765 Sq Ft

    16 Hesperus Cir, Gloucester, MA 01930

    Experience the best of Magnolia waterfront living at 16 Hesperus Circle. Situated at the center of a truly private landscape with unobstructed, breathtaking views of the Atlantic, this exceptional residence offers over 4,000 square feet of living space with 4 bedrooms and 3.5 baths. A flowing open layout is designed to maximize natural light and showcase the spectacular coastal setting, creating

    Amanda Armstrong Compass

    16 Hesperus Cir, Gloucester, MA 01930
  • /30

    $949,000

    $26K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,377 Sq Ft

    5 Field Rd, Gloucester, MA 01930

    5 minutes to Magnolia Beach! Enjoy single-level turnkey living featuring top-quality, extensive renovations throughout! Open concept living/dining/kitchen. 2 bedrooms PLUS an ensuite primary bedroom with walk in shower(4 bedroom septic) and 2 full baths total all on one level. Downstairs, you'll find a spacious, semi-finished basement bonus space boasting 7.5-foot ceilings, a window well, and

    Camille Murphy Redfin Corp.

    5 Field Rd, Gloucester, MA 01930

Magnolia, Gloucester, MA Home Prices vs. Nearby Neighborhoods

Magnolia Essex Rockport Hamilton
Median Home Price
$674,450
$862,000
$850,000
$835,000
Median Sale Price
$625,000
-10% YoY
$820,000
-9% YoY
$809,000
-2% YoY
$831,500
-10% YoY
Avg. Price per Square Foot
$528
$475
$601
$442
Median Single Family Price
$1,237,500
$815,000
$900,000
$849,900
Median Townhouse Price
$4,500,000
$930,000
$862,500
$762,500
Median Condo Price
$340,000
$965,000
$589,000
$850,000
Total Active Listings
6 listings
8 listings
28 listings
15 listings
Market Conditions
4 Months of Supply
Balanced Market
3 Months of Supply
Seller's Market
4 Months of Supply
Balanced Market
2 Months of Supply
Seller's Market

Frequently Asked Questions

Is Magnolia a good place to live?
Magnolia is a good place to live. Magnolia is considered very car-dependent and bikeable with some 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% of residents renting and 73% 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 $674,450. If you put a 20% down payment of $134,900 and had a 30-year fixed mortgage with an interest rate of 6.95%, your estimated principal and interest payment would be $3,570 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $153K a year to afford the median home price in Magnolia. Learn how much home you can afford with our Home Affordability Calculator. 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 01930, 01929, 01915, 01982 and 01984.
What are the most popular neighborhoods near Magnolia, Gloucester, MA?
The most popular neighborhoods near Magnolia, Gloucester, MA are West Gloucester, East Gloucester, Central Gloucester, Riverview and Beverly Farms.
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