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Magnolia, AR Housing

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As of 2010-2014, median price of a house in Magnolia is $105,900, which is about the same as the state average of $108,700 and is much lower than the national average of $175,700. The Magnolia median house value has grown by 68.36% since 2000. The growth rate for the price of a house in Magnolia is higher than the state average rate of 49.31% and is higher than the national average rate of 46.91%. The median year that a house in Magnolia was built is 1974, which is older than the median year for a house built in the state which is 1982 and is older than the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 2,341 Owner Occupied Houses in Magnolia, AR, #102

Magnolia, AR	105,900 USD
Arkansas	108,700 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, #92

Magnolia, AR	68.36%
Arkansas	49.31%
U.S.	46.91%

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

	Magnolia, AR	Arkansas	U.S.
Total Housing Units	5,277, see rank, 100%	1,329,139	132,741,033
Occupied Housing Units	4,333, 82.11%, see rank	85.20%	87.55%
Owner Occupied	2,341, 44.36%, see rank	56.70%	56.34%
Renter Occupied	1,992, 37.75%, see rank	28.50%	31.21%
Vacant Housing Units	944, 17.89%, see rank	14.80%	12.45%
For Rent	234, 4.43%, see rank	3.08%	2.34%
For Sale Only	180, 3.41%, see rank	1.47%	1.20%
Rented or Sold, Not Occupied	0, 0.00%, see rank	1.34%	0.92%
For Seasonal, Recreational, or Occasional Use	122, 2.31%, see rank	3.77%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.03%	0.03%
Other Vacant	408, 7.73%, see rank	5.11%	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #318

Magnolia, AR	Arkansas	U.S.
1974	1982	1976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	Magnolia, AR	%	Arkansas	U.S.
Owner-Occupied Units	2,341	100%	753,620	74,787,460
With a Mortgage	1,248	53.31%, see rank	57.12%	65.58%
Without a Mortgage	1,093	46.69%, see rank	42.88%	34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

Magnolia, AR	947 USD
Arkansas	1,027 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	Magnolia, AR	%	Arkansas	U.S.
$299 or Less	0	0.00%, see rank	0.27%	0.20%
$300 to $499	40	3.21%, see rank	4.06%	1.59%
$500 to $699	165	13.22%, see rank	13.71%	5.01%
$700 to $999	515	41.27%, see rank	29.88%	14.32%
$1,000 to $1,499	344	27.56%, see rank	31.28%	27.90%
$1,500 to $1,999	63	5.05%, see rank	11.89%	20.35%
$2,000 to $2,999	108	8.65%, see rank	6.76%	19.52%
$3,000 or More	13	1.04%, see rank	2.16%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Magnolia, AR	18.70% of the Total Income
Arkansas	20.40% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Magnolia, AR	%	Arkansas	U.S.
10% or Less	67	5.37%, see rank	8.42%	5.86%
10% to 20%	641	51.36%, see rank	40.00%	31.95%
20% to 30%	250	20.03%, see rank	25.17%	27.64%
30% to 40%	183	14.66%, see rank	10.74%	13.74%
40% or More	107	8.57%, see rank	15.06%	20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

Magnolia, AR	343 USD
Arkansas	328 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	Magnolia, AR	%	Arkansas	U.S.
$199 or Less	53	4.85%, see rank	14.84%	7.76%
$200 to $299	301	27.54%, see rank	27.47%	14.70%
$300 to $499	532	48.67%, see rank	40.92%	34.63%
$500 to $699	143	13.08%, see rank	11.95%	21.16%
$700 or More	64	5.86%, see rank	4.82%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Magnolia, AR	10.00% of the Total Income
Arkansas	10.60% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Magnolia, AR	%	Arkansas	U.S.
10% or Less	547	50.05%, see rank	46.84%	40.19%
10% to 20%	332	30.38%, see rank	30.62%	31.47%
20% to 30%	84	7.69%, see rank	10.57%	12.24%
30% to 40%	27	2.47%, see rank	4.25%	5.64%
40% or More	81	7.41%, see rank	6.40%	9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	Magnolia, AR	Arkansas	U.S.
Total Housing Units	5,277, 100%	1,329,139	132,741,033
1-unit, Detached	3,587, 67.97%, see rank	69.70%	61.65%
1-unit, Attached	41, 0.78%, see rank	1.65%	5.82%
2 Units	92, 1.74%, see rank	3.05%	3.75%
3 or 4 Units	211, 4.00%, see rank	3.22%	4.43%
5 to 9 Units	108, 2.05%, see rank	3.18%	4.78%
10 or More Units	844, 15.99%, see rank	6.24%	13.08%
Mobile Home, Boat, RV, Van, etc.	394, 7.47%, see rank	12.96%	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	Magnolia, AR	Arkansas	U.S.
Total Housing Units	5,277, 100%	1,329,139	132,741,033
1 Room	213, 4.04%, see rank	1.56%	1.95%
2 Rooms	85, 1.61%, see rank	1.59%	2.48%
3 Rooms	482, 9.13%, see rank	6.43%	9.13%
4 Rooms	923, 17.49%, see rank	17.60%	16.60%
5 Rooms	1,054, 19.97%, see rank	26.27%	20.41%
6 Rooms	1,251, 23.71%, see rank	20.63%	18.06%
7 Rooms	568, 10.76%, see rank	12.10%	12.27%
8 Rooms	359, 6.80%, see rank	6.91%	8.48%
9 Rooms or More	342, 6.48%, see rank	6.92%	10.60%
Median Rooms	5.40, see rank	5.40	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	Magnolia, AR	Arkansas	U.S.
Total Housing Units	5,277, 100%	1,329,139	132,741,033
No Bedroom	225, 4.26%, see rank	1.67%	2.17%
1 Bedroom	559, 10.59%, see rank	7.20%	11.16%
2 Bedrooms	1,449, 27.46%, see rank	27.66%	26.69%
3 Bedrooms	2,155, 40.84%, see rank	49.76%	39.70%
4 Bedrooms	863, 16.35%, see rank	11.71%	16.05%
5 or More Bedrooms	26, 0.49%, see rank	2.00%	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	Magnolia, AR	Arkansas	U.S.
Total Housing Units	4,333, 100%	1,132,488	116,211,092
Utility Gas	2,221, 51.26%, see rank	40.58%	48.85%
Bottled, Tank, or LP Gas	28, 0.65%, see rank	7.51%	4.86%
Electricity	2,055, 47.43%, see rank	46.89%	36.68%
Fuel Oil, Kerosene, etc.	0, 0.00%, see rank	0.12%	5.86%
Coal or Coke	0, 0.00%, see rank	0.00%	0.12%
Wood	21, 0.48%, see rank	4.39%	2.12%
Solar Energy	0, 0.00%, see rank	0.02%	0.05%
Other Fuel	0, 0.00%, see rank	0.30%	0.47%
No Fuel Used	8, 0.18%, see rank	0.20%	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	Magnolia, AR	Arkansas	U.S.
Occupied Units Paying Rent	1,673, 100%	340,136	39,201,928
$199 or Less	76, 4.54%, see rank	1.96%	1.50%
$200 to $299	113, 6.75%, see rank	4.51%	3.18%
$300 to $499	449, 26.84%, see rank	15.80%	7.37%
$500 to $699	573, 34.25%, see rank	31.92%	16.01%
$700 to $999	357, 21.34%, see rank	32.72%	29.17%
$1,000 to $1,499	95, 5.68%, see rank	10.95%	26.88%
$1,500 to $1,999	10, 0.60%, see rank	1.32%	9.79%
$2,000 or More	0, 0.00%, see rank	0.81%	6.10%
Median	$618, see rank	$675	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	Magnolia, AR	Arkansas	U.S.
Occupied Housing Units	4,333, 100%	1,132,488	116,211,092
No Vehicles Available	524, 12.09%, see rank	6.36%	9.12%
1 Vehicles Available	1,410, 32.54%, see rank	34.07%	33.80%
2 Vehicles Available	1,477, 34.09%, see rank	39.29%	37.48%
3 or More Vehicles Available	922, 21.28%, see rank	20.28%	19.61%

*Based on 2010-2014 data. View historical vehicle available data.