Commercial Real Estate Market in Magnolia, DE
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
5 active listings and 23 off-market properties in Magnolia, DE.
Market Trends
Magnolia, DE spans 14.6 square miles in Kent County, Delaware. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Magnolia, DE runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Magnolia, DE runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Magnolia, DE runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Magnolia, DE runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 96.9%
- Commercial 3.1%
Largest Zones share of zoned land by district
Residential
Residential
Commercial
Magnolia, DE zones 128 acres across 3 districts. Commercial zoning covers 3.1% of zoned land, residential 96.9%. The largest single district is Residential at 93.2%. For commercial buyers the practical constraint is that only 3.1% of land carries a commercial or industrial designation.
Residential (R-1)
Zoning Ordinances permit two types of residential development, with most of the town zoned R-1 or 0.5 acre lots. However, there are eight lots on West Walnut Street, five lots on Thorn Street, and six lots on Main Street that are zoned R-2, permitting more dense residential use with 0.15 acre lots. The Planning Commission discussed rezoning some of these bac…
Market overview
Demographics & Economy
Magnolia, DE has 13,692 residents in 4,730 households. Density runs 937 people per square mile. Median household income here is $107,868 and median gross rent $1,205 a month.
13,692
Population
4,730
Households
2.9
Avg Household Size
38
Median Age
40%
College-Educated
93%
High-School Grad
14.6 sq mi
ZIP Area
937
Density / Sq Mi
$107,868
Median Household Income
$52,110
Median Earnings
$1,205
Median Rent
$357,000
Median Home Value
Tools
Nearby Markets
Frequently Asked Questions
What zoning applies to commercial property in Magnolia?
Magnolia, DE zones 128 acres across 3 districts, of which 3.1% is commercial and 0% industrial. The largest single district is Residential at 93.2% of zoned land. Zoning Ordinances permit two types of residential development, with most of the town zoned R-1 or 0.5 acre lots. However, there are eight lots on West Walnut Street, five lots on Thorn Street, and six lots on Main Street that are zoned R-2, permitting more dense residential use with 0.15 acre lots. The Planning Commission discussed rezoning some of these bac… Residential zoning covers 96.9% and open space 0%.
Where does Realmo's Magnolia market data come from?
Realmo compiles Magnolia, DE figures from 5 active sale listings, 23 tracked off-market properties, the current Magnolia zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 5 active for-sale and 0 active for-lease listings in Magnolia, DE. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 128 zoned acres across 3 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
