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.
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.