Housing in Magnolia, MN

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

Magnolia vs Similar Cities

Source: Census ACS / Redfin (2023)

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

Median Home Value

10th%ilemost expensive$78,000show rank

Median Rent

24th%ilemost expensive rent$754show rank

Rent Burden

54th%ilehighest rent burden19.2%show rank

Census Housing Data

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

Median Home Value

$78,000

Median Rent

$754

Total Housing Units

Vacancy Rate

7.6%

Owner Occupied

63.5%

Renter Occupied

36.5%

Median Property Tax

$691

per year

Monthly Cost (w/ Mortgage)

$482

Housing Types

Single Family

88.0%

Multi-Family

3.3%

Mobile Home

8.7%

The median home value in Magnolia, MN is $78,000. The median rent is $754 per month (Census ACS). About 63.5% of housing units are owner-occupied. The median year homes were built is 1960. There are 92 total housing units.