Magnolia Metro Area, AR Housing

The housing market in Magnolia, AR Metro Area is very impressive compared to the US average. The median value for houses in the area is 103,300, which is substantially lower than the US median of 338,100. Year over year appreciation has been strong too with 17.19%, much higher than the 8.27% across the US. This makes now an ideal time to purchase a home in this area as prices are still relatively affordable and are likely to keep increasing at a steady rate in the near future.

The median home cost in Magnolia Metro Area is $103,300. Home appreciation the last 10 years has been 58.4%. Home Appreciation in Magnolia Metro Area is up 17.9%.

Average Age of Homes

- The median age of Magnolia Metro Area real estate is 40 years old

The Rental Market in Magnolia Metro Area

- Renters make up 26.2% of the Magnolia Metro Area population
- 2.1% of houses and apartments in Magnolia Metro Area, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Magnolia, Arkansas	United States
	11,075.0	139,647,020.0
	44	42
	$103,300	$338,100
	17.9%	16.6%
	49.0%	57.0%
	58.4%	101.1%
	$5.41	$10.98
	$575	$2,690
	50.3%	57.4%
	29.9%	11.2%
	19.8%	31.4%
Vacant Housing
	2.1%	1.9%
	1.5%	0.4%
	1.1%	0.7%
	1.0%	0.4%
	8.0%	3.6%
	16.2%	4.1%
Value of Owner-Occupied Housing
	10.6%	2.6%
	10.2%	2.4%
	11.3%	2.8%
	8.3%	3.9%
	7.3%	4.5%
	14.4%	11.3%
	17.4%	13.0%
	10.0%	20.1%
	5.8%	13.6%
	2.9%	8.3%
	1.6%	9.7%
	0.0%	3.9%
	0.3%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	9.8%	13.6%
	9.8%	13.6%
	14.3%	13.6%
	14.1%	13.2%
	16.6%	14.8%
	14.3%	13.6%
	11.9%	10.0%
	6.2%	4.7%
	3.8%	12.2%

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