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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 $222,274, lower than the Indiana average of $232,932.
The average cost of rent is $914/mo in Magley, primarily driven by the current value of real estate in the Magley area. In Magley, 14.83% of households rent, and 34.46% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Magley is $6,084 per month. Households that rent pay about 15.02% of their income on rent here. Magley’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Preble, IN: equally priced homes
- Tocsin, IN: less expensive homes
- Peterson, IN: higher priced homes
- Poe, IN: less expensive homes
- Craigville, IN: higher priced homes
- Curryville, IN: higher priced homes
- Ossian, IN: equally priced homes
- Decatur, IN: less expensive homes
- Honduras, IN: higher priced homes
- Hoagland, IN: higher priced homes
Cities with Similar Populations
- Wendel, WV: less expensive homes
- Dayville, OR: equally priced homes
- Deer Mill, IN: less expensive homes
- Deersville, OH: less expensive homes
- Deferiet, NY: less expensive homes
- DeFoor, AL: less expensive homes
- Delaware, NJ: higher priced homes
- Dellwood, WI: less expensive homes
- Delray, TX: less expensive homes
- Dennison Corners, NY: less expensive homes
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