Home prices
Magnolia's median home cost is $73,300. Compared to other places in this area it is roughly $25,180 (25%) lower.Compared to the entire nation it is about $144,200 (66%) lower, and in comparison to the city of Omaha it is approximately $86,400 (54%) lower.
Rents
Magnolia's median rent is $550 per month. This is roughly $186 (25%) lower in comparison to the surrounding areas.Compared to the nation as a whole it is roughly $512 (48%) lower, and compared to the city of Omaha is roughly $373 (40%) lower.
Nearby places
Logan
Logan is approximately 4 miles southeast from Magnolia. Its housing prices are significantly more expensive. The cost of the median home in Logan is $118,300, which works out to $45,000 (38%) higher than Magnolia. Rent there is a bit more expensive. The median monthly rent in Logan is $751, which is $201 (26%) higher than Magnolia.
Mondamin
Mondamin is approximately 6 miles west from Magnolia. Real estate prices there are somewhat more expensive. Mondamin's median home cost is $90,000, which is $16,700 (18%) higher than Magnolia. The rent there is fairly similar. In Mondamin the median monthly rent is $569, which is $19 (3%) higher than Magnolia.
Modale
Modale is roughly 7 miles southwest of Magnolia. The real estate prices there are a little more expensive. The median home in Modale costs $82,200, which works out to $8,900 (10%) higher than Magnolia. The rent there is substantially more expensive. The median rent in Modale is $850 per month, which comes out to $300 (35%) higher than Magnolia.
Woodbine
Woodbine is approximately 7 miles east from Magnolia. The real estate prices there are substantially more expensive. The median home in Woodbine costs $109,900, which comes out to $36,600 (33%) higher than Magnolia. The rent there is somewhat more expensive. In Woodbine the median rent is $725 a month, which is $175 (24%) higher than Magnolia.
Missouri Valley
Missouri Valley is roughly 9 miles south from Magnolia. The real estate prices there are a little more expensive. The median home value in Missouri Valley is $92,000, which is $18,700 (20%) higher than Magnolia. The rent there is a little more expensive. The median monthly rent in Missouri Valley is $783, which is $233 (29%) higher than Magnolia.