Home prices
The median home in Magnolia costs $124,700. It is roughly $23,920 (23%) higher compared to the surrounding areas.It is about $92,800 (42%) lower compared to the rest of the nation, and in comparison to the city of Cleveland it is roughly $55,100 (79%) higher.
Rents
The median rent in Magnolia is $552 per month. It is roughly $159 (22%) lower compared to its surrounding areas.It is about $510 (48%) lower in comparison to the country as a whole, and it is approximately $167 (23%) lower in comparison to the city of Cleveland.
Nearby places
Waynesburg
Waynesburg is about 1 mile northeast of Magnolia. The housing prices there are somewhat less expensive. The median home in Waynesburg is valued at $103,800, which is $20,900 (20%) lower than Magnolia. Rent there is a little more expensive. In Waynesburg the median monthly rent is $736, which works out to $184 (25%) higher than Magnolia.
East Sparta
East Sparta is roughly 3 miles west of Magnolia. Real estate prices there are a bit less expensive. The median home price in East Sparta is $98,000, which comes out to $26,700 (27%) lower than Magnolia. The rent there is a bit more expensive. The median monthly rent in East Sparta is $663, which is $111 (16%) higher than Magnolia.
Mineral City
Mineral City is roughly 4 miles southwest from Magnolia. Its housing prices are a lot less expensive. The median home cost in Mineral City is $83,100, which comes out to $41,600 (50%) lower than Magnolia. The rent there is a bit more expensive. The median rent in Mineral City is $714 a month, which is $162 (22%) higher than Magnolia.
Malvern
Malvern is roughly 5 miles northeast of Magnolia. Housing prices there are somewhat less expensive. The median home in Malvern costs $96,300, which comes out to $28,400 (29%) lower than Magnolia. Its rents are somewhat more expensive. In Malvern the median monthly rent is $677, which comes out to $125 (18%) higher than Magnolia.
Bolivar
Bolivar is roughly 7 miles west from Magnolia. Its housing prices are pretty similar. Bolivar's median home value is $122,700, which is $2,000 (1%) lower than Magnolia. Rents there are a little more expensive. Bolivar's median monthly rent is $765, which comes out to $213 (27%) higher than Magnolia.
