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.
Home Trends in Southeast Magnolia, WA
On average, homes in Southeast Magnolia, Seattle sell after 98 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 $437,500, down 5% from the median home sale price over the previous 12 months.
Median Sale Price
$437,500
Median Single Family Sale Price
$540,790
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
$269
Number of Homes for Sale
23
Last 12 months Home Sales
117
Median List Price
$452,990
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-5%
