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 $960,419, higher than the Seattle average of $568,712.
The average cost of rent is $2,320/mo in Magnolia, primarily driven by the current value of real estate in the Magnolia area. While nearly 27.91% of residents own their homes outright in Magnolia, 35.77% rent.
Housing affordability isn’t just about home prices, though. The average household income in Magnolia is $12,903 per month. Households that rent pay about 17.98% of their income on rent here. Magnolia's most expensive areas are in the western regions, while the cheapest areas are in the northeastern parts of the neighborhood.
Nearby Neighborhoods
- Interbay, Seattle, WA: equally priced homes
- Sunset Hill, Seattle, WA: equally priced homes
- Ballard, Seattle, WA: less expensive homes
- Queen Anne, Seattle, WA: equally priced homes
- Fremont, Seattle, WA: less expensive homes
- Loyal Heights, Seattle, WA: less expensive homes
- Whittier Heights, Seattle, WA: less expensive homes
- Phinney Ridge, Seattle, WA: equally priced homes
- Uptown, Seattle, WA: less expensive homes
- Westlake, Seattle, WA: less expensive homes
Neighborhoods with Similar Populations
- Au-Tenleytown, Washington, DC: higher priced homes
- Wicker Park, Chicago, IL: less expensive homes
- Whiskey Point, Chicago, IL: less expensive homes
- Waikiki, Honolulu, HI: less expensive homes
- Villa Carolina, Carolina, PR: less expensive homes
- Central Boulder, Boulder, CO: higher priced homes
- Canyon Crest, Riverside, CA: less expensive homes
- Baker-Zachary Area, Baker, LA: less expensive homes
- Beverly, Chicago, IL: less expensive homes
- Bario Logan, San Diego, CA: less expensive homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood