Magnolia, OH is a great area for housing with the median value of $195,800 significantly lower than the US median value of $338,100. Over the past year there has been an appreciation in house values of 10.56%, far higher than the national appreciation rate of 8.27%. It's no wonder that so many people are interested in investing in real estate in Magnolia, OH with an increase in value over time and a lower starting house price.
The median home cost in Magnolia is $195,800. Home appreciation the last 10 years has been 76.6%. Home Appreciation in Magnolia is up 13.2%.
Average Age of Homes
- The median age of Magnolia real estate is 69 years old
The Rental Market in Magnolia
- Renters make up 17.7% of the Magnolia population
- 1.2% 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.