The housing market in 71753 Magnolia, AR is doing quite well. The median value of housing in this area is $121,100 which is significantly lower than the US House Median Value of $338,100. In the past year, housing appreciation in 71753 Magnolia, AR has been an impressive 15.07% while the US 1 year House Appreciation was 8.27%. This shows that the housing market in this area is buoyant and likely to continue to grow in value over time.
The median home cost in Magnolia (zip 71753) is $121,100. Home appreciation the last 10 years has been 57.5%. Home Appreciation in Magnolia (zip 71753) is up 17.9%.
Average Age of Homes
- The median age of Magnolia (zip 71753) real estate is 41 years old
The Rental Market in Magnolia (zip 71753)
- Renters make up 29.7% of the Magnolia (zip 71753) population
- 3.1% of houses and apartments in Magnolia (zip 71753), 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.