Expensive
Affordable
Affordable
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These days, finding an affordable place to live in the Magnet Cove area can be challenging. Home prices in Magnet Cove are now at a median cost of $128,524, lower than the Arkansas average of $207,061.
The average cost of rent is $784/mo in Magnet Cove, primarily driven by the current value of real estate in the Magnet Cove area. In Magnet Cove, 10.74% of households rent, and 47.57% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Magnet Cove is $7,459 per month. Households that rent pay about 10.52% of their income on rent here. Magnet Cove’s most expensive areas are in the northern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Jones Mills, AR: higher priced homes
- Price, AR: higher priced homes
- Butterfield, AR: higher priced homes
- Jones Mill, AR: higher priced homes
- Rockport, AR: equally priced homes
- Lake Catherine, AR: higher priced homes
- Glen Rose, AR: higher priced homes
- Lonsdale, AR: higher priced homes
- Malvern, AR: equally priced homes
- Perla, AR: equally priced homes
Cities with Similar Populations
- Wynot, NE: higher priced homes
- Vermilion, NY: higher priced homes
- Transylvania, LA: less expensive homes
- Upperville, VA: higher priced homes
- Bainville, MT: higher priced homes
- Bagley, WI: higher priced homes
- Baden, WV: less expensive homes
- Bacavi, AZ: less expensive homes
- Avery, IA: higher priced homes
- Authon, TX: higher priced homes
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