Why Live in Southeast Magnolia
Southeast Magnolia, located 5 miles northwest of Downtown Seattle, offers a coastal small-town atmosphere with scenic views and calm residential streets. The neighborhood is situated on a peninsula surrounded by Elliott Bay, Shilshole Bay, and Salmon Bay, accessible via the Magnolia Bridge. Discovery Park, Seattle's largest park, spans 500 acres and features beaches, a lighthouse, and extensive trails. The park also houses the Daybreak Star Indian Cultural Center, which hosts the Seafair Indian Days Powwow. Ella Bailey Park provides trails, a playground, and views of the city skyline, Space Needle, and Mount Rainier. The area is primarily zoned for single-family homes, with styles ranging from early 1900s Craftsmans and Tudor Revivals to modern urban farmhouses. Magnolia Village, the community's commercial hub, includes independently owned shops, Petit Pierre Bakery, and various dining options like Magnolia Village Pub and Mondello Italian Restaurant. Public schools such as Catharine Blaine K-8 and Ballard High School are highly rated. Local events include the Vino in the Village wine festival, Magnolia Farmers Market, and Magnolia Summerfest. The Elliott Bay Marina features marine-related businesses and dining spots like Palisade and Maggie Bluffs. The Ballard Bridge connects to trendy boutiques and eateries in Ballard. While the neighborhood is somewhat secluded, it is accessible by car and has numerous bus stops, though light rail stations are about 5 miles away.
Frequently Asked Questions
Is Southeast Magnolia a good place to live?
Southeast Magnolia is a good place to live. Southeast Magnolia is considered fairly walkable and very bikeable with some transit options. Southeast Magnolia is a neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Southeast Magnolia has 7 parks for recreational activities. It is fairly dense in population with 12.2 people per acre and a median age of 41. The average household income is $180,833 which is above the national average. College graduates make up 71.8% of residents. A majority of residents in Southeast Magnolia are home owners, with 39.1% of residents renting and 60.9% of residents owning their home. A
local real estate agent serving Southeast Magnolia can help you decide if this neighborhood is the right one for you. Learn more on our
Southeast Magnolia neighborhood guide.
Is Southeast Magnolia, WA a safe neighborhood?
Southeast Magnolia, WA is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Southeast Magnolia?
The median home price in Southeast Magnolia is $452,990. If you put a 20% down payment of $90,600 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,350 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $101K a year to afford the median home price in Southeast Magnolia. The average household income in Southeast Magnolia is $181K.
What are the best public schools in Southeast Magnolia?
The best public schools that serve Southeast Magnolia are:
What are the best private schools in Southeast Magnolia?
The best private schools that serve Southeast Magnolia are:
What are the most popular zip codes in Southeast Magnolia, Seattle, WA?
What are the most popular neighborhoods near Southeast Magnolia, Seattle, WA?
Are home prices dropping in Southeast Magnolia?
Yes, home prices in Southeast Magnolia are down 26% in the last 12 months.
Home Trends in Southeast Magnolia, WA
On average, homes in Southeast Magnolia, Seattle sell after 101 days on the market compared to the national average of 70 days. The median sale price for homes in Southeast Magnolia, Seattle over the last 12 months is $434,000, down 6% from the median home sale price over the previous 12 months.
Median Sale Price
$434,000
Median Single Family Sale Price
$487,990
Median Townhouse Sale Price
$375,000
Median 2 Bedroom Sale Price
$490,000
Median 1 Bedroom Sale Price
$383,700
Average Price Per Sq Ft
$267
Number of Homes for Sale
27
Last 12 months Home Sales
112
Median List Price
$452,990
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-6%
