Commercial Real Estate Market in Magnolia, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
62 active listings and 711 off-market properties in Magnolia, TX. Commercial property asks $261/SF to buy and $15.50/SF/Yr to lease (based on 3 listings).
Market Trends
Magnolia, TX spans 129.8 square miles in Montgomery County, Texas. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Magnolia, TX runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail vacancy in Magnolia, TX runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Magnolia, TX runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Multifamily
Multifamily space in Magnolia, TX has a median asking sale price of $177/SF (based on 3 listings). Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Open space 37.8%
- Residential 28.6%
- Commercial 12.1%
- Industrial 2.9%
Largest Zones share of zoned land by district
Magnolia, TX zones 2,718 acres across 15 districts. Commercial zoning covers 12.1% of zoned land, residential 28.6%, open space 37.8% and industrial 2.9%. The largest single district is Neighborhood Conservation 1 at 24.2%. For commercial buyers the practical constraint is that only 15% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Magnolia, TX has 69,925 residents in 27,026 households. Density runs 539 people per square mile. Median household income here is $107,558 and median gross rent $1,692 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Magnolia?
How much does it cost to lease commercial space in Magnolia?
What zoning applies to commercial property in Magnolia?
Where does Realmo's Magnolia market data come from?
Methodology & data sources
- Asking prices and medians
- There are 39 active for-sale and 23 active for-lease listings in Magnolia, TX. The medians are based on 11 of the for-sale and 3 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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: 2,718 zoned acres across 15 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
