Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Magnet area can be challenging. Home prices in Magnet are now at a median cost of $142,384, lower than the Texas average of $235,268.
The average cost of rent is $776/mo in Magnet, primarily driven by the current value of real estate in the Magnet area. While nearly 73.23% of residents own their homes outright in Magnet, 26.58% rent.
Housing affordability isn’t just about home prices, though. The average household income in Magnet is $3,522 per month. Households that rent pay about 22.03% of their income on rent here. Magnet's most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Pledger, TX: equally priced homes
- Lane City, TX: higher priced homes
- Van Vleck, TX: equally priced homes
- Sugar Valley, TX: equally priced homes
- Boling, TX: equally priced homes
- Old Ocean, TX: less expensive homes
- Danciger, TX: less expensive homes
- Iago, TX: higher priced homes
- Mackay, TX: higher priced homes
- Danevang, TX: higher priced homes
Cities with Similar Populations
- Fisherdale, PA: higher priced homes
- Tarlton, TN: less expensive homes
- Tannersville, VA: less expensive homes
- Freeport, VA: higher priced homes
- Fox Hill, NY: higher priced homes
- Four Way, TX: less expensive homes
- Fosters Falls, VA: equally priced homes
- Fort Indiantown Gap, PA: higher priced homes
- Fort Howard, MD: higher priced homes
- Foresman, IN: less expensive homes
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