Much like nearby areas, it's substantially less expensive compared to the country as a whole. Compared to the city of Fayetteville, it's significantly less expensive.
Home prices
The value of the median home in Magazine is $83,100. This is roughly $3,940 (4%) higher in comparison to its nearby areas.In comparison to the US as a whole it is approximately $134,400 (61%) lower, and it is about $124,500 (59%) lower in comparison to the city of Fayetteville.
Rents
Magazine's median rent is $600 per month. This is approximately $6 (1%) higher in comparison to other places in this area.In comparison to the entire country it is roughly $462 (43%) lower, and it is about $199 (24%) lower in comparison to the city of Fayetteville.
Nearby places
Booneville
Booneville is roughly 5 miles west from Magazine. The real estate prices there are pretty similar. Booneville's median home value is $83,300, which is very similar to Magazine. Rents there are a bit less expensive. Booneville's median rent is $533 per month, which works out to $67 (12%) lower than Magazine.
Paris
Paris is about 10 miles northeast of Magazine. The housing prices there are a little more expensive. Paris's median home value is $98,700, which comes out to $15,600 (15%) higher than Magazine. Rent there is pretty similar. In Paris the median monthly rent is $578, which works out to $22 (3%) lower than Magazine.
Caulksville
Caulksville is roughly 11 miles north of Magazine. Real estate prices there are a little more expensive. The median home in Caulksville is valued at $91,300, which works out to $8,200 (8%) higher than Magazine. Its rents are somewhat more expensive. Caulksville's median monthly rent is $644, which works out to $44 (6%) higher than Magazine.
Ratcliff
Ratcliff is about 11 miles north of Magazine. Its real estate prices are a lot less expensive. Ratcliff's median home cost is $62,500, which works out to $20,600 (32%) lower than Magazine. Rent there is pretty similar. In Ratcliff the median rent is $575 a month, which is $25 (4%) lower than Magazine.
Branch
Branch is roughly 13 miles northwest of Magazine. Housing prices there are substantially less expensive. Branch's median home cost is $60,000, which comes out to $23,100 (38%) lower than Magazine. Rent there is a little more expensive. Branch's median monthly rent is $638, which is $38 (5%) higher than Magazine.