Magnolia Plantation Ph 3
Homes for Sale in Lake Mary, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Price here is driven by size and setting more than anything else. With a median living area of roughly 3,289 square feet and a median around $1,055,000, this is a large-home community where condition and finish level do the heavy lifting on final numbers. The median of about $293 per square foot tells you buyers are paying for space, and the spread within the community is condition-driven rather than tied to any single price band.
The posture right now is firm but not frantic. A median of 22 days on market and year-over-year movement of 19.2% signal real demand, while a heat score of 62 keeps this in the active-but-measured range rather than a runaway market. Sellers with a well-presented home have leverage; buyers should come prepared to move on the right listing but still have room to underwrite condition carefully.
Magnolia Plantation Ph 3 right now
🟢 Still climbing. The trailing-12-month median ($1.06M) is up 19.2% from the prior 12 months ($885K). With about 5 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Stellar MLS closed sales, 12-month windows ending July 13. Confidence: Medium (8 and 11 sales in the two windows).
What's unique here: the median sale price is about 3x the typical Seminole County sale ($1.06M vs $410K, trailing 12 months, Stellar MLS records).
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Updated July 13, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Magnolia Plantation Ph 3 market snapshot (as of July 13, 2026): the median sale price is about $1.06M ($293 per sq ft over the trailing 12 months of closed sales), and a median 22 days on market for closed sales. The trailing-12-month median is up 19% from the prior 12 months, computed from record-level Stellar MLS closed sales (8 closings in the current window).
Magnolia Plantation Ph 3 is a community of 344 homes in Lake Mary, Seminole County, built between 2000 and 2007 (median 2002), with a median living area of about 3,289 square feet. 86% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Magnolia Plantation Ph 3 is an established Lake Mary community of 344 homes built between 2000 and 2007, so you are buying into a mature, fully built-out neighborhood rather than new construction. A homestead share near 86% points to an owner-occupied core with limited investor churn.
Who Magnolia Plantation Ph 3 is best for.
Best for
- Buyers with a budget around the $1,055,000 median who want maximum living space in an established setting
- Buyers who prefer a mature, built-out neighborhood over new construction and are willing to move quickly at ~22 days on market
- Sellers of a well-maintained, updated home who want to lead a thin-inventory market
Probably not for
- Buyers seeking new construction or the latest floor plans
- Buyers who want a compact, lower-maintenance footprint well under the ~3,289 sq ft median
- Buyers who need a wide selection of active listings to compare before committing
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending July 13 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($1.06M) IS the median in the snapshot above, and the move from 2025 ($885K) IS the +19.2% one-year change.
Windows contain 0 to 12 sales each (8 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period %s through %s. Deemed reliable but not guaranteed.
The Magnolia Plantation Ph 3 buying strategy.
If we were buying in Magnolia Plantation Ph 3 today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Magnolia Plantation Ph 3.
A large-home resale market, priced on condition
Everything here was built in a tight window from 2000 to 2007, with a median build year of 2002. That means the housing stock is broadly consistent in vintage, and the difference between homes now comes down to updates: kitchens, baths, roofs, and mechanical systems. Two homes of similar size can land far apart on price depending on how much work the last owner put in, which is why the median matters more as an anchor than a rule.
With only 8 closings in the window, individual sales carry weight and the median can move with the mix of what actually sells. The high homestead share and low turnover mean inventory is thin and tends to be owner-maintained. Treat each new listing on its own merits rather than assuming the last comp sets the ceiling.
The location and the amenities are priced into every listing in Magnolia Plantation Ph 3. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Magnolia Plantation Ph 3 buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (8.9). Basis: Recent Direction +19.2% year-over-year; Owner Commitment 86% owner-occupied; Pricing Power 97.0% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a thin-inventory, condition-driven market like this, the number that matters is the one you can defend home by home. We read each listing against its actual finish level and vintage instead of leaning on a single median, and we help sellers stage and price so a well-kept home stands apart in a market where individual sales move the numbers.
Magnolia Plantation Ph 3 in 15 seconds.
HOA, CDD & Fees
- Mandatory HOA — confirm current dues
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Magnolia Plantation Ph 3 buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Magnolia Plantation Ph 3 sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Magnolia Plantation Ph 3, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Magnolia Plantation Ph 3 home worth?
Get a no-obligation home value based on real comparable sales in Magnolia Plantation Ph 3, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Frequently Asked Questions
What is the median home price in Magnolia Plantation Ph 3?
How long do homes in Magnolia Plantation Ph 3 take to sell?
How many homes are in Magnolia Plantation Ph 3?
What share of Magnolia Plantation Ph 3 is owner-occupied?
When were the homes in Magnolia Plantation Ph 3 built?
Do cash buyers compete in Magnolia Plantation Ph 3?
Who is the best real estate agent for Magnolia Plantation Ph 3?
How do I find a top Lake Mary real estate agent who knows Magnolia Plantation Ph 3?
Can Momentum Realty connect me with an agent for Magnolia Plantation Ph 3?
Should you buy in Magnolia Plantation Ph 3?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | Stellar MLS closed sales, 12-month windows ending July 13, 2026 |
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (12 streets, ZIP 32746)) |
| Under-contract shares | Stellar MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2014 (66 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
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The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Stellar MLS member average and 8 days faster, and we’ll price yours against live your area comps.
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