A+
57%
Med. Home Val. NAT. AVG.
31%
Rent NAT. AVG.
8%
Owner Occ. NAT. AVG.
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Magnolia Housing Information

IndexMagnoliaMinnesotaNational
Median home price$79,000$191,500$184,700
Median rent asked$652$873$949
Avg. people per household1.92.42.6
Owner occupied households68.5%71.4%63.6%
Renter occupied households31.5%28.6%36.4%
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Housing Quick Facts

  • The median home price in Magnolia is 57% lower than the national average.
  • The median rent asked in Magnolia is 31% lower than the national average.
  • The average number of people per household in Magnolia is 27% lower than the national average.
  • The number of owner occupied households in Magnolia is 8% higher than the national average.
  • The number of renter occupied households in Magnolia is 14% lower than the national average.

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Kenneth, MN59$46,40075%
      Lismore, MN270$48,50074%
      Ellsworth, MN522$59,30068%
      Hardwick, MN203$59,30068%
      Steen, MN139$61,10067%
      Magnolia, MN193$79,00057%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Russian Mission, AK193$93,30049%
      Grand River, IA193$32,70082%
      Rackerby, CA193$257,10039%
      Schubert, PA193$199,0008%
      Melvin, MI193$68,60063%
      Magnolia, MN193$79,00057%
      Source: The Magnolia, MN housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).