Housing in the 77355 Magnolia, TX area is much more expensive than the U.S. average, with a median value of $358,600 compared to $338,100 nationwide. The appreciation rate for homes in this area has also been higher over the past year than the national average at 15.68%, compared to 8.27%. This shows that this area is an attractive and desirable place to live, as there has been strong demand and appreciation of homes here.
The median home cost in Magnolia (zip 77355) is $358,600. Home appreciation the last 10 years has been 111.6%. Home Appreciation in Magnolia (zip 77355) is up 23.0%.
Average Age of Homes
- The median age of Magnolia (zip 77355) real estate is 16 years old
The Rental Market in Magnolia (zip 77355)
- Renters make up 17.1% of the Magnolia (zip 77355) population
- 0.1% of houses and apartments in Magnolia (zip 77355), 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.