Home prices
The median home in Magnolia is valued at $159,600. It is about $10,880 (6%) lower in comparison to nearby areas.Compared to the US as a whole it is approximately $57,900 (26%) lower, and compared to the city of New York is about $446,400 (73%) lower.
Rents
The median monthly rent in Magnolia is $1,034. This is roughly $64 (6%) higher compared to other places in this area.It is approximately $28 (2%) lower compared to the rest of the nation, and compared to the city of New York is about $409 (28%) lower.
Nearby places
Lawnside
Lawnside is Magnolia's neighbor to the northeast. Real estate prices there are similar. Lawnside's median home cost is $165,900, which comes out to $6,300 (3%) higher than Magnolia. Its rents are a little less expensive. Lawnside's median monthly rent is $850, which is $184 (21%) lower than Magnolia.
Somerdale
Somerdale is Magnolia's neighbor to the southeast. Housing prices there are somewhat more expensive. The median home in Somerdale costs $170,500, which works out to $10,900 (6%) higher than Magnolia. Rents there are a bit less expensive. Somerdale's median monthly rent is $892, which is $142 (15%) lower than Magnolia.
Barrington
Barrington is Magnolia's neighbor to the northwest. Its housing prices are a bit more expensive. The median home in Barrington is valued at $195,300, which is $35,700 (18%) higher than Magnolia. Its rents are similar. Barrington's median rent is $1,002 per month, which is $32 (3%) lower than Magnolia.
Runnemede
Runnemede is Magnolia's neighbor to the west. The real estate prices there are pretty similar. The median home cost in Runnemede is $163,500, which is $3,900 (2%) higher than Magnolia. The rent there is fairly similar. Runnemede's median rent is $1,010 a month, which comes out to $24 (2%) lower than Magnolia.
Hi-Nella
Hi-Nella is about 1 mile southeast from Magnolia. Housing prices there are similar. Hi-Nella's median home cost is $157,200, which comes out to $2,400 (1%) lower than Magnolia. Its rents are a little more expensive. The median monthly rent in Hi-Nella is $1,098, which works out to $64 (5%) higher than Magnolia.
