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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 ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle 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, ARArkansasU.S.
Total Housing Units5,277, see rank, 100%1,329,139132,741,033
Occupied Housing Units4,333, 82.11%, see rank85.20%87.55%
Owner Occupied2,341, 44.36%, see rank56.70%56.34%
Renter Occupied1,992, 37.75%, see rank28.50%31.21%
Vacant Housing Units944, 17.89%, see rank14.80%12.45%
For Rent234, 4.43%, see rank3.08%2.34%
For Sale Only180, 3.41%, see rank1.47%1.20%
Rented or Sold, Not Occupied0, 0.00%, see rank1.34%0.92%
For Seasonal, Recreational, or Occasional Use122, 2.31%, see rank3.77%3.97%
For Migrant Workers0, 0.00%, see rank0.03%0.03%
Other Vacant408, 7.73%, see rank5.11%4.00%

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

Year Structure Built

Median Built Year, #318
Magnolia, ARArkansasU.S.
197419821976

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%ArkansasU.S.
Owner-Occupied Units2,341100%753,62074,787,460
With a Mortgage1,24853.31%, see rank57.12%65.58%
Without a Mortgage1,09346.69%, see rank42.88%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 CostsMagnolia, AR%ArkansasU.S.
$299 or Less00.00%, see rank0.27%0.20%
$300 to $499403.21%, see rank4.06%1.59%
$500 to $69916513.22%, see rank13.71%5.01%
$700 to $99951541.27%, see rank29.88%14.32%
$1,000 to $1,49934427.56%, see rank31.28%27.90%
$1,500 to $1,999635.05%, see rank11.89%20.35%
$2,000 to $2,9991088.65%, see rank6.76%19.52%
$3,000 or More131.04%, see rank2.16%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%ArkansasU.S.
10% or Less675.37%, see rank8.42%5.86%
10% to 20%64151.36%, see rank40.00%31.95%
20% to 30%25020.03%, see rank25.17%27.64%
30% to 40%18314.66%, see rank10.74%13.74%
40% or More1078.57%, see rank15.06%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 CostsMagnolia, AR%ArkansasU.S.
$199 or Less534.85%, see rank14.84%7.76%
$200 to $29930127.54%, see rank27.47%14.70%
$300 to $49953248.67%, see rank40.92%34.63%
$500 to $69914313.08%, see rank11.95%21.16%
$700 or More645.86%, see rank4.82%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%ArkansasU.S.
10% or Less54750.05%, see rank46.84%40.19%
10% to 20%33230.38%, see rank30.62%31.47%
20% to 30%847.69%, see rank10.57%12.24%
30% to 40%272.47%, see rank4.25%5.64%
40% or More817.41%, see rank6.40%9.16%

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

Units in Structure

 Magnolia, ARArkansasU.S.
Total Housing Units5,277, 100%1,329,139132,741,033
1-unit, Detached3,587, 67.97%, see rank69.70%61.65%
1-unit, Attached41, 0.78%, see rank1.65%5.82%
2 Units92, 1.74%, see rank3.05%3.75%
3 or 4 Units211, 4.00%, see rank3.22%4.43%
5 to 9 Units108, 2.05%, see rank3.18%4.78%
10 or More Units844, 15.99%, see rank6.24%13.08%
Mobile Home, Boat, RV, Van, etc.394, 7.47%, see rank12.96%6.49%

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

Rooms

 Magnolia, ARArkansasU.S.
Total Housing Units5,277, 100%1,329,139132,741,033
1 Room213, 4.04%, see rank1.56%1.95%
2 Rooms85, 1.61%, see rank1.59%2.48%
3 Rooms482, 9.13%, see rank6.43%9.13%
4 Rooms923, 17.49%, see rank17.60%16.60%
5 Rooms1,054, 19.97%, see rank26.27%20.41%
6 Rooms1,251, 23.71%, see rank20.63%18.06%
7 Rooms568, 10.76%, see rank12.10%12.27%
8 Rooms359, 6.80%, see rank6.91%8.48%
9 Rooms or More342, 6.48%, see rank6.92%10.60%
Median Rooms5.40, see rank5.405.50

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

Bedrooms

 Magnolia, ARArkansasU.S.
Total Housing Units5,277, 100%1,329,139132,741,033
No Bedroom225, 4.26%, see rank1.67%2.17%
1 Bedroom559, 10.59%, see rank7.20%11.16%
2 Bedrooms1,449, 27.46%, see rank27.66%26.69%
3 Bedrooms2,155, 40.84%, see rank49.76%39.70%
4 Bedrooms863, 16.35%, see rank11.71%16.05%
5 or More Bedrooms26, 0.49%, see rank2.00%4.22%

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

House Heating Fuel

 Magnolia, ARArkansasU.S.
Total Housing Units4,333, 100%1,132,488116,211,092
Utility Gas2,221, 51.26%, see rank40.58%48.85%
Bottled, Tank, or LP Gas28, 0.65%, see rank7.51%4.86%
Electricity2,055, 47.43%, see rank46.89%36.68%
Fuel Oil, Kerosene, etc.0, 0.00%, see rank0.12%5.86%
Coal or Coke0, 0.00%, see rank0.00%0.12%
Wood21, 0.48%, see rank4.39%2.12%
Solar Energy0, 0.00%, see rank0.02%0.05%
Other Fuel0, 0.00%, see rank0.30%0.47%
No Fuel Used8, 0.18%, see rank0.20%1.00%

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

Gross Rent

Monthly RentalMagnolia, ARArkansasU.S.
Occupied Units Paying Rent1,673, 100%340,13639,201,928
$199 or Less76, 4.54%, see rank1.96%1.50%
$200 to $299113, 6.75%, see rank4.51%3.18%
$300 to $499449, 26.84%, see rank15.80%7.37%
$500 to $699573, 34.25%, see rank31.92%16.01%
$700 to $999357, 21.34%, see rank32.72%29.17%
$1,000 to $1,49995, 5.68%, see rank10.95%26.88%
$1,500 to $1,99910, 0.60%, see rank1.32%9.79%
$2,000 or More0, 0.00%, see rank0.81%6.10%
Median$618, see rank$675$920

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

Vehicle Available

 Magnolia, ARArkansasU.S.
Occupied Housing Units4,333, 100%1,132,488116,211,092
No Vehicles Available524, 12.09%, see rank6.36%9.12%
1 Vehicles Available1,410, 32.54%, see rank34.07%33.80%
2 Vehicles Available1,477, 34.09%, see rank39.29%37.48%
3 or More Vehicles Available922, 21.28%, see rank20.28%19.61%

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


 
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