Magnolia Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    2
    30-day change

Magnolia Schools and Demographics

Education near Magnolia, MN

City County
High School Graduates 78.7 90.5
College Degree - 2 year 8.88 13.38
College Degree - 4 year 13.02 21.81
Graduate Degree 1.18 4.36
Expenditures per Student 10,507 10,806
Students per Teacher 14.3 11.7

Elementary Schools near Magnolia, MN

Grades Students P/T Ratio ZIP
Adrian Elementary School PK - 05 260 13.7 56110
Ellsworth Elementary School PK - 06 70 7.3 56129
Hills-Beaver Creek Elementary School PK - 06 213 16.3 56116
Luverne Elementary School PK - 05 559 14.1 56156

Middle Schools near Magnolia, MN

Grades Students P/T Ratio ZIP
Adrian Middle School 06 - 08 141 17 56110
Luverne Middle School 06 - 08 265 14.1 56156

High Schools near Magnolia, MN

Grades Students P/T Ratio ZIP
Adrian Secondary School 09 - 12 173 14.1 56110
Ellsworth Secondary School 07 - 12 75 8.5 56129
Luverne Senior High School 09 - 12 375 16 56156

Ungraded Schools near Magnolia, MN

Grades Students P/T Ratio ZIP
* Luverne Alternative Program 10 - 12 0 2.1 56156
Southwestern Youth Services 06 - 12 14 8.5 56158

Demographics near Magnolia, MN

City County
Neighborhood Type Rural
Population 245 9,433
Population Density 307 20
Median Age 43.4 40.9
People per Household 2.1 2.3
Median Household Income 45,938 56,753
Average Income per Capita 21,462 29,000

Magnolia Real Estate

The median home value in Magnolia, MN is $90,500. This is lower than the county median home value of $160,300. The national median home value is $219,700. The average price of homes sold in Magnolia, MN is $90,500. Approximately 76.32% of Magnolia homes are owned, compared to 15.79% rented, while 7.9% 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, Minnesota has a population of 245. Magnolia is less family-centric than the surrounding county with 30.44% of the households containing married families with children. The county average for households married with children is 34.1%.

The median household income in Magnolia, Minnesota is $45,938. The median household income for the surrounding county is $56,753 compared to the national median of $57,652. The median age of people living in Magnolia is 43.4 years.

Magnolia Weather

The average high temperature in July is 84 degrees, with an average low temperature in January of 7.2 degrees. The average rainfall is approximately 28.6 inches per year, with 44.9 inches of snow per year.