Magnolia, IL Housing Statistics

Get 300+ Local Insights for Any Address in Magnolia, IL

Get Access to 300+ Local Data Points

A+

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%

See Local Housing Trends Before You Buy!

See home value trends within a small radius
Understand local market conditions near your address
Use detailed data to choose the right home

GET REPORT →

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.

Most Affordable Places to Live in and Around Magnolia

See all the best places to live around Magnolia

Compare Magnolia, IL Housing

Compare Neighborhoods & Addresses

Why stop at city-to-city? With Local Insights, you can compare neighborhoods, zip codes, or even exact addresses. Access 300+ hyperlocal data points—from schools and crime to housing and amenities—to see which area is the better fit.

UNLOCK FULL COMPARISON →

Write a review to give others more information about this area.

See all Magnolia poll results

The best places in Illinois

Here are the best places to live in Illinois

Check out the 10 safest cities in Illinois

See the best places to live in Magnolia

These are the 10 cheapest cities in Illinois

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.
Lineville, IA	269	$84,706	74%
Westhope, ND	269	$189,715	42%
Charlo, MT	269	$247,017	24%
Oakwood Park, MO	269	$253,148	22%
Flat Rock, OH	269	$127,405	61%
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.