The median home value in Magnolia, IL is $200,000. 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 $200,000. 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.
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.