Expensive
Affordable
Affordable
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These days, finding an affordable place to live in the Magan area can be challenging. Home prices in Magan are now at a median cost of $134,992, lower than the Kentucky average of $219,615.
The average cost of rent is $454/mo in Magan, primarily driven by the current value of real estate in the Magan area. In Magan, 14.36% of households rent, and 60.33% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Magan is $5,153 per month. Households that rent pay about 8.82% of their income on rent here. Magan’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Narrows, KY: equally priced homes
- Dundee, KY: less expensive homes
- Fordsville, KY: less expensive homes
- Taffy, KY: higher priced homes
- Sunnydale, KY: less expensive homes
- Reynolds Station, KY: equally priced homes
- Shreve, KY: less expensive homes
- Whitesville, KY: higher priced homes
- Ralph, KY: higher priced homes
- Oklahoma, KY: higher priced homes
Cities with Similar Populations
- Fairford, AL: higher priced homes
- Thornton, NY: less expensive homes
- Thompsonville, KS: higher priced homes
- Thompson, AL: less expensive homes
- Ferrin, IL: higher priced homes
- Farmersville, MO: higher priced homes
- Farmersville, AL: less expensive homes
- Farmers, IN: higher priced homes
- Farlin, IA: higher priced homes
- Fargo, AR: less expensive homes
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