Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Magalia area can be challenging. Home prices in Magalia are now at a median cost of $209,061, lower than the California average of $648,235.
The average cost of rent is $1,106/mo in Magalia, primarily driven by the current value of real estate in the Magalia area. While nearly 42.23% of residents own their homes outright in Magalia, 17.25% rent.
Housing affordability isn’t just about home prices, though. The average household income in Magalia is $4,719 per month. Households that rent pay about 23.43% of their income on rent here. Magalia's most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Nimshew, CA: less expensive homes
- Stirling City, CA: higher priced homes
- Forest Ranch, CA: higher priced homes
- Concow, CA: higher priced homes
- Paradise, CA: higher priced homes
- Cohasset, CA: higher priced homes
- Pulga, CA: equally priced homes
- Richardson Springs, CA: higher priced homes
- Yankee Hill, CA: equally priced homes
- Pentz, CA: higher priced homes
Cities with Similar Populations
- Dorr, MI: equally priced homes
- Steilacoom, WA: higher priced homes
- Stanhope, NJ: higher priced homes
- Ferris, TX: less expensive homes
- Evington, VA: less expensive homes
- Elma, WA: higher priced homes
- Easton, CT: higher priced homes
- East Taunton, MA: higher priced homes
- East Lyme, CT: higher priced homes
- Dunn Loring, VA: higher priced homes
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