Magnolia, KY is a great place to buy a home, with its median value of $153,100. This is significantly lower than the US House Median Value of $338,100 and provides an attractive opportunity for those looking to purchase in the area. The appreciation of homes over the last year in Magnolia has been even better, with an appreciation of 11.54%, surpassing the US 1 year House Appreciation rate of 8.27%. With such a promising housing market in Magnolia, there’s never been a better time to invest in this charming town.
The median home cost in Magnolia is $153,100. Home appreciation the last 10 years has been 71.5%. Home Appreciation in Magnolia is up 19.0%.
Average Age of Homes
- The median age of Magnolia real estate is 47 years old
The Rental Market in Magnolia
- Renters make up 11.1% 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.