The housing market in Magnolia, TX (77354) is thriving. The median house value in the area is $421,100, which is higher than the US median house value of $338,100. Furthermore, the 1 year house appreciation rate for Magnolia is 15.68%, compared to 8.27% nationwide. This indicates that homeowners in this area have seen a substantial increase in their property values over the last year and are likely to continue seeing gains in the future.
The median home cost in Magnolia (zip 77354) is $421,100. Home appreciation the last 10 years has been 111.6%. Home Appreciation in Magnolia (zip 77354) is up 23.0%.
Average Age of Homes
- The median age of Magnolia (zip 77354) real estate is 16 years old
The Rental Market in Magnolia (zip 77354)
- Renters make up 11.8% of the Magnolia (zip 77354) population
- 4.1% of houses and apartments in Magnolia (zip 77354), 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.