Housing in Magnolia, IA

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — December 2024

Median Sale Price

$87,500

Median List Price

N/A

Price Per Sq Ft

$82

Days on Market

25

Active Inventory

N/A

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Sale-to-List Ratio

92.1%

Buyer's market

Sold Above Asking
0.0%

Market Activity

Source: Redfin

Homes Sold

1

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$82

Magnolia vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Magnolia is highlighted.

Median Home Value

Median Price Per Sq Ft

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$110,000

Median Rent

N/A

Total Housing Units

72

Vacancy Rate

5.6%

Owner Occupied

91.2%

Renter Occupied

8.8%

Median Property Tax

$1,226

per year

Monthly Cost (w/ Mortgage)

$738

Housing Types

Single Family
95.8%
Multi-Family
0.0%
Mobile Home
4.2%

The current median sale price in Magnolia, IA is $87,500 according to Redfin data. Homes spend a median of 25 days on the market. 0.0% of homes sold above asking price. The median price per square foot is $82. About 91.2% of housing units are owner-occupied. The median year homes were built is 1938. There are 72 total housing units.