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Magnolia Industrial Center Real Estate Market Facts

  • $116,200Median home price
    53% lower than Richmond
  • $767Median rent asked
    32% lower than Richmond
  • 35.0%Home owners
    47% lower than Richmond
  • 2.9People per home
    12% higher than Richmond

Magnolia Industrial Center Home Affordability

  • $116,200Median home price
    53% lower than Richmond
  • $26,554Median home income
    60% lower than Richmond
  • 4.4xHome price to income ratio
    17% higher than Richmond

Magnolia Industrial Center Affordability Calculator

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Magnolia Industrial Center Mortgage Calculator

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Magnolia Industrial Center Demographics

  • 692Population
  • 1,233People / sq mile
  • 40.6Median age
  • 1.1:1Male/Female ratio

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Montrose, VA7,909$116,90037%
Bensley, VA6,031$131,90029%
Sandston, VA6,883$132,80028%
Bellwood, VA6,082$133,30028%
Highland Springs, VA16,276$136,70026%
Richmond, VA216,773$199,3008%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Boise, ID218,677$191,0003%
San Bernardino, CA214,581$176,8004%
Des Moines, IA212,859$119,80035%
Birmingham, AL212,424$87,10053%
Spokane, WA212,078$160,80013%
Richmond, VA216,773$199,3008%
Source: The Magnolia Industrial Center, Richmond, VA housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).
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