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Magnolia Real Estate Market Facts

  • $66,400Median home price
    65% lower than Minnesota
  • $469Median rent asked
    46% lower than Minnesota
  • 80.4%Home owners
    13% higher than Minnesota
  • 2.2People per home
    9% lower than Minnesota

Magnolia Home Affordability

  • $66,400Median home price
    65% lower than Minnesota
  • $41,667Median home income
    34% lower than Minnesota
  • 1.6xHome price to income ratio
    47% lower than Minnesota

Magnolia Affordability Calculator

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Magnolia Mortgage Calculator

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Magnolia Demographics

  • 237Population
  • 297People / sq mile
  • 42.9Median age
  • 1.2:1Male/Female ratio

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Little Rock, IA477$49,10073%
Ellsworth, MN557$57,30069%
Leota, MN158$57,50069%
Hardwick, MN234$57,50069%
Lismore, MN202$70,00062%
Magnolia, MN237$66,40064%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Tustin, MI237$82,90055%
Oak Ridge, MO237$81,70056%
Mount Clare, IL237$70,00062%
Milledgeville, TN237$71,70061%
Kossuth, MS237$97,00047%
Magnolia, MN237$66,40064%
Source: The Magnolia, MN housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).