The median home value in Magnolia, IL is $196,500. 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 $196,500. 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.
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.