Zip 28453 (Magnolia, NC) Housing

The housing market in Magnolia, NC (28453) is thriving, with a median value of $115,800. This is significantly lower than the US median value of $338,100, which makes it an affordable option for those looking to purchase a home. The US house appreciation rate last year was 8.27%, while the appreciation rate for houses in 28453 was 18.56%. This shows that housing in this area has seen an impressive growth over the last year and will likely continue to do so in the future.

The median home cost in Magnolia (zip 28453) is $115,800. Home appreciation the last 10 years has been 114.4%. Home Appreciation in Magnolia (zip 28453) is up 24.7%.

Average Age of Homes

- The median age of Magnolia (zip 28453) real estate is 28 years old

The Rental Market in Magnolia (zip 28453)

- Renters make up 30.5% of the Magnolia (zip 28453) population
- 0.8% of houses and apartments in Magnolia (zip 28453), 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, North Carolina	United States
	1,675.0	139,647,020.0
	33	42
	$115,800	$338,100
	24.7%	16.6%
	79.4%	57.0%
	114.4%	101.1%
	$9.64	$10.98
	$636	$2,690
	62.2%	57.4%
	15.9%	11.2%
	21.9%	31.4%
Vacant Housing
	0.8%	1.9%
	0.7%	0.4%
	0.4%	0.7%
	0.4%	0.4%
	0.5%	3.6%
	13.1%	4.1%
Value of Owner-Occupied Housing
	9.2%	2.6%
	21.8%	2.4%
	14.2%	2.8%
	9.8%	3.9%
	13.1%	4.5%
	11.6%	11.3%
	11.6%	13.0%
	4.3%	20.1%
	2.1%	13.6%
	0.0%	8.3%
	2.2%	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%
	9.0%	13.6%
	9.0%	13.6%
	29.2%	13.6%
	18.9%	13.2%
	10.0%	14.8%
	29.2%	13.6%
	3.4%	10.0%
	0.9%	4.7%
	9.6%	12.2%

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