261 homes in Magnesia Falls Cove
Homes for Sale in Magnesia Falls Cove, Rancho Mirage
Magnesia Falls Cove Market Snapshot
$846K
Median Price
$477
Avg $/Sq Ft
64
Avg Days on Market
11
New This Week
About Magnesia Falls Cove, Rancho Mirage
Magnesia Falls Cove is a sought-after neighborhood in Rancho Mirage, TN. Currently, there are 263 homes for sale in this area with a median listing price of $846K. The average price per square foot is $477.
Magnesia Falls Cove Market Pulse
Topfind Market Read
The picture is mixed here. Few sellers are cutting price, yet the typical home takes about 64 days to sell, and 61% of current listings have been up for more than 30 days, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$846K
Chart shows the median closed sale price by month
Sales Velocity
How fast homes are selling
Homes are sitting on the market, so buyers often have strong leverage to negotiate price, terms, and repairs.
Inventory Distribution
A larger share of listings has been up beyond 30 days, which typically means more room to negotiate on those longer-listed homes.
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $1.0M in value on average, with larger homes seeing bigger price jumps.
Largest increase: 3 → 4 bedrooms (+$2.1M)
Nearby Neighborhoods in Rancho Mirage
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