The median home value in Magnolia Springs, AL is $299,000. This is higher than the county median home value of $291,000. The national median home value is $308,980. The average price of homes sold in Magnolia Springs, AL is $299,000. Approximately 63% of Magnolia Springs homes are owned, compared to 17% rented, while 20% are vacant. Magnolia Springs real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Magnolia Springs real estate agent to arrange a tour today! Learn more about Magnolia Springs Real Estate.