Home prices
The median home in Magnolia is valued at $80,800. Compared to its nearby areas it is approximately $5,420 (6%) lower.In comparison to the nation as a whole it is approximately $136,700 (62%) lower, and it is roughly $150,700 (65%) lower in comparison to the city of New Orleans.
Rents
In Magnolia the median monthly rent is $717. It is about $46 (6%) higher in comparison to the surrounding areas.Compared to the rest of the country it is roughly $345 (32%) lower, and compared to the city of New Orleans it is about $281 (28%) lower.
Nearby places
McComb
McComb is Magnolia's neighbor to the north. The housing prices there are a bit more expensive. The median home in McComb costs $88,800, which is $8,000 (9%) higher than Magnolia. Rent there is similar. McComb's median rent is $695 a month, which comes out to $22 (3%) lower than Magnolia.
Summit
Summit is roughly 8 miles north from Magnolia. Housing prices there are fairly similar. The median home value in Summit is $82,200, which works out to $1,400 (1%) higher than Magnolia. Its rents are fairly similar. Summit's median rent is $736 per month, which works out to $19 (2%) higher than Magnolia.
Osyka
Osyka is approximately 11 miles south from Magnolia. The real estate prices there are similar. The median home in Osyka is valued at $82,000, which comes out to $1,200 (1%) higher than Magnolia. The rent there is a bit less expensive. In Osyka the median rent is $635 per month, which comes out to $82 (12%) lower than Magnolia.
Tylertown
Tylertown is approximately 17 miles east of Magnolia. The real estate prices there are a bit more expensive. The median home in Tylertown costs $98,300, which is $17,500 (17%) higher than Magnolia. Its rents are a bit less expensive. In Tylertown the median monthly rent is $570, which works out to $147 (25%) lower than Magnolia.
Kentwood
Kentwood is roughly 17 miles south from Magnolia. Its real estate prices are fairly similar. Kentwood's median home price is $79,800, which is $1,000 (1%) lower than Magnolia. Its rents are similar. In Kentwood the median monthly rent is $717, which is very similar to Magnolia.
