Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Magness area can be challenging. Home prices in Magness are now at a median cost of $112,900, lower than the Arkansas average of $160,541.
The average cost of rent is $695/mo in Magness, primarily driven by the current value of real estate in the Magness area. While nearly 41.09% of residents own their homes outright in Magness, 32.43% rent.
Housing affordability isn’t just about home prices, though. The average household income in Magness is $4,443 per month. Households that rent pay about 15.64% of their income on rent here. Magness's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Newark, AR: equally priced homes
- Sulphur Rock, AR: less expensive homes
- Rosie, AR: less expensive homes
- Salado, AR: less expensive homes
- Oil Trough, AR: less expensive homes
- Moorefield, AR: higher priced homes
- Huff, AR: less expensive homes
- Gainsboro, AR: higher priced homes
- Charlotte, AR: higher priced homes
- Batesville, AR: equally priced homes
Cities with Similar Populations
- Viewmonte, NY: higher priced homes
- Cordova, NE: higher priced homes
- Corinne, OK: less expensive homes
- Corinth, GA: higher priced homes
- Corn Valley, VA: equally priced homes
- Cornelia, WI: higher priced homes
- Cornish, OK: equally priced homes
- Coxs Mills, WV: less expensive homes
- Crane, IN: higher priced homes
- Crystal Bay, NV: higher priced homes
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