Home prices
Magnolia's median home price is $96,100. Compared to its surrounding areas this is approximately $41,840 (77%) higher.Compared to the United States as a whole it is about $121,400 (55%) lower, and compared to the city of Shreveport is roughly $52,000 (35%) lower.
Rents
The median rent in Magnolia is $691 per month. It is about $126 (22%) higher compared to other places in this area.It is about $371 (34%) lower in comparison to the country as a whole, and is roughly $121 (14%) lower in comparison to the city of Shreveport.
Nearby places
McNeil
McNeil is approximately 5 miles north of Magnolia. The housing prices there are significantly less expensive. The median home in McNeil costs $51,300, which works out to $44,800 (87%) lower than Magnolia. The rent there is pretty similar. McNeil's median rent is $673 per month, which is $18 (2%) lower than Magnolia.
Waldo
Waldo is about 6 miles northwest of Magnolia. The real estate prices there are significantly less expensive. The median home in Waldo costs $56,900, which is $39,200 (68%) lower than Magnolia. Rent there is significantly less expensive. The median rent in Waldo is $500 a month, which works out to $191 (38%) lower than Magnolia.
Stephens
Stephens is about 13 miles northeast from Magnolia. Its housing prices are substantially less expensive. The median home cost in Stephens is $43,100, which is $53,000 (122%) lower than Magnolia. Rent there is significantly less expensive. Stephens's median monthly rent is $330, which comes out to $361 (109%) lower than Magnolia.
Stamps
Stamps is approximately 14 miles northwest from Magnolia. Its real estate prices are substantially less expensive. The median home cost in Stamps is $48,800, which works out to $47,300 (96%) lower than Magnolia. The rent there is a bit less expensive. The median rent in Stamps is $561 a month, which works out to $130 (23%) lower than Magnolia.
Taylor
Taylor is roughly 17 miles southwest from Magnolia. The housing prices there are a lot less expensive. The median home in Taylor is valued at $71,200, which works out to $24,900 (34%) lower than Magnolia. Rent there is a little more expensive. The median monthly rent in Taylor is $763, which is $72 (9%) higher than Magnolia.
