Magnolia, MN is a small town in Minnesota that has seen a steady increase in housing values over the past year. The median value of houses in Magnolia, MN is currently $93,100 which is significantly lower than the national median value of $338,100. Despite this gap in house prices, Magnolia has still seen an impressive 9.54% appreciation in house values over the course of the last year - nearly 1% higher than the national average of 8.27%. This trend of increasing house prices shows that Magnolia is an attractive place to live and invest in real estate.
The median home cost in Magnolia is $93,100. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Magnolia is up 14.7%.
Average Age of Homes
- The median age of Magnolia real estate is 73 years old
The Rental Market in Magnolia
- Renters make up 12.9% of the Magnolia population
- 0.0% of houses and apartments in Magnolia, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.