Magnolia Real Estate Market Conditions

  • Median sales price

    $295,000
    8.46% change since last quarter
  • # Active listings

    4
    30-day change

Magnolia Schools and Demographics

Education near Magnolia, IL

City County
High School Graduates 83.43 92.47
College Degree - 2 year 6.86 11.45
College Degree - 4 year 4.57 14.9
Graduate Degree 0.57 3.68
Expenditures per Student 11,235 11,486
Students per Teacher 13.2 13.8

Elementary Schools near Magnolia, IL

Grades Students P/T Ratio ZIP
Fieldcrest Elementary - West KG - 06 277 14.5 61369
Lostant Elementary School KG - 08 68 8 61334

Middle Schools near Magnolia, IL

Grades Students P/T Ratio ZIP
Putnam County Junior High School 06 - 08 199 12.8 61335

High Schools near Magnolia, IL

Grades Students P/T Ratio ZIP
Midland High School 09 - 12 208 12.6 61375

Demographics near Magnolia, IL

City County
Neighborhood Type Rural
Population 308 5,771
Population Density 984 36
Median Age 32.5 47.5
People per Household 2.8 2.4
Median Household Income 45,313 64,741
Average Income per Capita 19,781 33,697

Magnolia Real Estate

The median home value in Magnolia, IL is $295,000. This is higher than the county median home value of $121,600. The national median home value is $219,700. The average price of homes sold in Magnolia, IL is $295,000. Approximately 68.6% of Magnolia homes are owned, compared to 21.49% rented, while 9.92% are vacant. Magnolia real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Magnolia real estate agent to arrange a tour today!

Magnolia, Illinois has a population of 308. Magnolia is more family-centric than the surrounding county with 37.04% of the households containing married families with children. The county average for households married with children is 24.73%.

The median household income in Magnolia, Illinois is $45,313. The median household income for the surrounding county is $64,741 compared to the national median of $57,652. The median age of people living in Magnolia is 32.5 years.

Magnolia Weather

The average high temperature in July is 86.4 degrees, with an average low temperature in January of 13.7 degrees. The average rainfall is approximately 37.9 inches per year, with 15.5 inches of snow per year.