Magnolia, IL Housing Statistics

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51%

Med. Home Val. NAT. AVG.

31%

Rent NAT. AVG.

3%

Owner Occ. NAT. AVG.

Magnolia Housing Information

Index	Magnolia	Illinois	National
Median home price	$159,957	$308,565	$326,622
Median rent asked	$1,003	$1,374	$1,444
Avg. people per household	2.1	2.6	2.6
Owner occupied households	65.8%	66.0%	63.6%
Renter occupied households	34.2%	34.0%	36.4%

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Homes For Sale In Magnolia, IL

210 N Maple St

Magnolia, IL

Housing Quick Facts

The median home price in Magnolia is 51% 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 19% lower than the national average.
The number of owner occupied households in Magnolia is 3% higher than the national average.
The number of renter occupied households in Magnolia is 6% lower than the national average.

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Nearby cities with low home prices

	Population	Home Price	National Avg.
Bureau Junction, IL	229	$78,722	76%
De Pue, IL	1,786	$98,293	70%
Rutland, IL	288	$123,138	62%
Dana, IL	103	$127,212	61%
Leonore, IL	140	$130,370	60%
Magnolia, IL	269	$159,957	51%

Cities with similar population

	Population	Home Price	National Avg.
Heflin, LA	269	$177,032	46%
Medon, TN	269	$187,152	43%
Gackle, ND	269	$97,911	70%
Aristes, PA	269	$145,577	55%
Benson, VT	269	$269,616	17%
Magnolia, IL	269	$159,957	51%

Source: The Magnolia, IL housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.