Magnolia IL Multi Family for Sale

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Magnolia Real Estate

The median home value in Magnolia, IL is $193,000. This is higher than the county median home value of $158,100. The national median home value is $338,100. The average price of homes sold in Magnolia, IL is $193,000. Approximately 52.85% of Magnolia homes are owned, compared to 36.59% rented, while 10.57% 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 263. Magnolia is less family-centric than the surrounding county with 19.7% of the households containing married families with children. The county average for households married with children is 25.46%.

The median household income in Magnolia, Illinois is $55,000. The median household income for the surrounding county is $67,419 compared to the national median of $69,021. The median age of people living in Magnolia is 48.6 years.

Magnolia Weather

The average high temperature in July is 86.1 degrees, with an average low temperature in January of 15.4 degrees. The average rainfall is approximately 39.4 inches per year, with 21 inches of snow per year.

Magnolia Real Estate Market Conditions

  • Median sales price

    $193,000
    8.8% change since last quarter
  • # Active listings

    3
    30-day change

Magnolia Schools and Demographics

Education near Magnolia, IL

Metric City County
High School Graduates 97.02 93.31
College Degree - 2 year 9.95 12.16
College Degree - 4 year 7.46 19.97
Graduate Degree 1.99 5.74
Expenditures per Student 17,528 17,528
Students per Teacher 12 12

Elementary Schools near Magnolia, IL

School 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

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

High Schools near Magnolia, IL

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

Demographics near Magnolia, IL

Metric City County
Neighborhood Type Suburban
Population 263 5,638
Population Density 840 35
Median Age 48.6 46.9
People per Household 2.4 2.5
Median Household Income 55,000 67,419
Average Income per Capita 32,007 33,187