| Magnolia, IL | |
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| State | Illinois |
| Population | 302 |
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Compared to its nearby areas, Magnolia is somewhat less expensive, and it is significantly less expensive compared to the entire nation. Compared to the city of Rockford, it's somewhat less expensive.
The median home in Magnolia costs $73,800. In comparison to nearby areas this is roughly $22,440 (23%) lower.Compared to the rest of the country it is about $143,700 (66%) lower, and in comparison to the city of Rockford is roughly $17,800 (19%) lower.
In Magnolia the median monthly rent is $681. It is is very similar compared to nearby areas.In comparison to the rest of the nation it is about $381 (35%) lower, and compared to the city of Rockford is about $91 (11%) lower.
McNabb is roughly 4 miles north from Magnolia. The housing prices there are significantly more expensive. The median home price in McNabb is $111,900, which works out to $38,100 (34%) higher than Magnolia. Rent there is a bit more expensive. In McNabb the median rent is $719 a month, which comes out to $38 (5%) higher than Magnolia.
Varna is roughly 5 miles south of Magnolia. Housing prices there are a little more expensive. The median home in Varna costs $85,000, which is $11,200 (13%) higher than Magnolia. Rents there are somewhat more expensive. The median monthly rent in Varna is $775, which works out to $94 (12%) higher than Magnolia.
Lostant is roughly 5 miles east from Magnolia. The housing prices there are a little more expensive. Lostant's median home cost is $92,600, which comes out to $18,800 (20%) higher than Magnolia. Its rents are somewhat more expensive. Lostant's median monthly rent is $763, which is $82 (10%) higher than Magnolia.
Henry is approximately 7 miles west from Magnolia. Housing prices there are a little more expensive. The median home in Henry is valued at $95,300, which is $21,500 (22%) higher than Magnolia. Its rents are a bit less expensive. Henry's median rent is $528 a month, which works out to $153 (28%) lower than Magnolia.
Wenona is roughly 7 miles southeast of Magnolia. Housing prices there are a bit more expensive. The cost of the median home in Wenona is $96,400, which is $22,600 (23%) higher than Magnolia. The rent there is a bit less expensive. Wenona's median rent is $610 a month, which comes out to $71 (11%) lower than Magnolia.