Magnetic photonic crystals (PhCs), as a representative responsive structural color material, have attracted increasing research focus due to merits such as brilliant refraction colors, instant responsiveness, and excellent manipuility, thus having been widely applied for color displaying, three-dimensional printing, sensing, and so on. Featured with traits such as contactless manner, flexible orientations, and adjustable intensity of external magnetism, magnetic PhCs have shown great superiority especially in the field of biomedical applications such as bioimaging and auxiliary clinical diagnosis. In this review, we summarize the current advancements of magnetic PhCs. We first introduce the fundamental principles and typical characteristics of PhCs. Afterward, we present several typical self-assembly strategies with their frontiers in practical applications. Finally, we analyze the current situations of magnetic PhCs and put forward the prospective challenges and future development directions.