Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Magnolia area can be challenging. Home prices in Magnolia are now at a median cost of $144,287, lower than the Iowa average of $182,666.
The average cost of rent is $623/mo in Magnolia, primarily driven by the current value of real estate in the Magnolia area. While nearly 40.79% of residents own their homes outright in Magnolia, 12.15% rent.
Housing affordability isn’t just about home prices, though. The average household income in Magnolia is $5,655 per month. Households that rent pay about 11.02% of their income on rent here. Magnolia's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Mondamin, IA: less expensive homes
- Logan, IA: higher priced homes
- Pisgah, IA: less expensive homes
- Modale, IA: higher priced homes
- Woodbine, IA: equally priced homes
- Missouri Valley, IA: less expensive homes
- Little Sioux, IA: less expensive homes
- California Junction, IA: higher priced homes
- River Sioux, IA: less expensive homes
- Loveland, IA: higher priced homes
Cities with Similar Populations
- Bosworth, MO: less expensive homes
- Westfield, ME: less expensive homes
- Westbury, MN: higher priced homes
- West Laramie, WY: higher priced homes
- Butler, OK: less expensive homes
- Brushyknob, MO: equally priced homes
- Bruce, IL: higher priced homes
- Browndell, TX: higher priced homes
- Brook Forest, CO: higher priced homes
- Westhope, ND: less expensive homes
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