Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Magley area can be challenging. Home prices in Magley are now at a median cost of $200,167, higher than the Indiana average of $175,617.
The average cost of rent is $852/mo in Magley, primarily driven by the current value of real estate in the Magley area. While nearly 42.34% of residents own their homes outright in Magley, 12.38% rent.
Housing affordability isn’t just about home prices, though. The average household income in Magley is $6,382 per month. Households that rent pay about 13.35% of their income on rent here. Magley's most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Preble, IN: equally priced homes
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- Curryville, IN: equally priced homes
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- Decatur, IN: less expensive homes
- Honduras, IN: higher priced homes
- Hoagland, IN: equally priced homes
Cities with Similar Populations
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- Dennison Corners, NY: less expensive homes
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