Zip 51550 (Magnolia, IA) Housing

51550 Magnolia, IA has a median housing value of $102,200, which is significantly lower than the US median housing value of $338,100. The appreciation rate for homes in 51550 Magnolia is also higher than the national average at 15.23%, compared to 8.27%. This means that although the median house price in 51550 Magnolia is low, buyers can expect to benefit from significant increases in home value over time.

The median home cost in Magnolia (zip 51550) is $102,200. Home appreciation the last 10 years has been 69.7%. Home Appreciation in Magnolia (zip 51550) is up 15.4%.

Average Age of Homes

- The median age of Magnolia (zip 51550) real estate is 78 years old

The Rental Market in Magnolia (zip 51550)

- Renters make up 6.6% of the Magnolia (zip 51550) population
- 0.0% of houses and apartments in Magnolia (zip 51550), 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, Iowa	United States
	62.0	139,647,020.0
	77	42
	$102,200	$338,100
	15.4%	16.6%
	49.3%	57.0%
	69.7%	101.1%
	$14.15	$10.98
	$800	$2,690
	80.6%	57.4%
	11.3%	11.2%
	8.1%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	8.1%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	3.2%	4.1%
Value of Owner-Occupied Housing
	2.0%	2.6%
	10.0%	2.4%
	22.0%	2.8%
	18.0%	3.9%
	16.0%	4.5%
	16.0%	11.3%
	10.0%	13.0%
	6.0%	20.1%
	0.0%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	3.2%	13.6%
	3.2%	13.6%
	6.5%	13.6%
	0.0%	13.2%
	21.0%	14.8%
	6.5%	13.6%
	8.1%	10.0%
	8.1%	4.7%
	46.8%	12.2%

Reviews for Magnolia

See all (0)

Write a Review

Start Your Review of Magnolia

Commute

The premier source for comprehensive city data for over 30 years.