Commercial Real Estate Market in Magnolia, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
235 active listings and 717 off-market properties in Magnolia, TX.
Market Trends
Magnolia, TX spans 129.8 square miles in Montgomery County, Texas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Magnolia, TX 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, TX runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
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%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Magnolia, TX 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
- Open space 37.8%
- Residential 28.6%
- Commercial 12.1%
- Industrial 2.9%
Largest Zones share of zoned land by district
Neighborhood Conservation 1
Semi Urban Residential
Public Use
Auto Urban Commercial
Neighborhood Conservation 2
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.
69,925
Population
27,026
Households
2.6
Avg Household Size
38
Median Age
36%
College-Educated
91%
High-School Grad
129.8 sq mi
ZIP Area
539
Density / Sq Mi
$107,558
Median Household Income
$58,266
Median Earnings
$1,692
Median Rent
$358,749
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Pinehurst | — | — |
| Decker Prairie | — | — |
| Stagecoach | — | — |
| Tamina | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Magnolia?
Magnolia, TX zones 2,718 acres across 15 districts, of which 12.1% is commercial and 2.9% industrial. The largest single district is Neighborhood Conservation 1 at 24.2% of zoned land. Residential zoning covers 28.6% and open space 37.8%.
Where does Realmo's Magnolia market data come from?
Realmo compiles Magnolia, TX figures from 207 active sale listings, 28 active lease listings, 717 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 207 active for-sale and 28 active for-lease listings in Magnolia, TX. 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: 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 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
