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 $177,220, lower than the Missouri average of $194,908.
The average cost of rent is $682/mo in Magnolia, primarily driven by the current value of real estate in the Magnolia area. While nearly 46.69% of residents own their homes outright in Magnolia, 14.51% rent.
Housing affordability isn’t just about home prices, though. The average household income in Magnolia is $5,405 per month. Households that rent pay about 12.62% of their income on rent here. Magnolia's most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Medford, MO: higher priced homes
- Old Chilhowee, MO: less expensive homes
- Chilhowee, MO: equally priced homes
- Holden, MO: equally priced homes
- Blairstown, MO: equally priced homes
- Centerview, MO: higher priced homes
- Norris, MO: equally priced homes
- Post Oak, MO: less expensive homes
- La Tour, MO: higher priced homes
- Warrensburg, MO: equally priced homes
Cities with Similar Populations
- Burdette, AR: less expensive homes
- Weston, PA: less expensive homes
- Walls Corners, PA: equally priced homes
- Centennial, WY: higher priced homes
- Cedar Fort, UT: higher priced homes
- Cave In Rock, IL: less expensive homes
- Cash, AR: less expensive homes
- Carrier, OK: higher priced homes
- Canby, CA: less expensive homes
- Bynum, TX: equally priced homes
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