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 $85,499, lower than the Mississippi average of $145,564.
The average cost of rent is $794/mo in Magnolia, primarily driven by the current value of real estate in the Magnolia area. While nearly 62.15% of residents own their homes outright in Magnolia, 21.43% rent.
Housing affordability isn’t just about home prices, though. The average household income in Magnolia is $2,322 per month. Households that rent pay about 34.19% of their income on rent here. Magnolia's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Chatawa, MS: higher priced homes
- Fernwood, MS: equally priced homes
- Osyka, MS: equally priced homes
- Mccomb, MS: higher priced homes
- Barto, MS: higher priced homes
- Progress, MS: less expensive homes
- McElveen, MS: higher priced homes
- Holmesville, MS: higher priced homes
- Summit, MS: higher priced homes
- Mesa, MS: higher priced homes
Cities with Similar Populations
- Calverton, NY: higher priced homes
- Grand Saline, TX: higher priced homes
- Carrollton, KY: higher priced homes
- Rainier, OR: higher priced homes
- Rainier, WA: higher priced homes
- Carlinville, IL: higher priced homes
- Cannon Falls, MN: higher priced homes
- Camino, CA: higher priced homes
- Cameron, TX: higher priced homes
- Cambria, CA: higher priced homes
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