The median home value in Magnolia, TX is $264,100. This is lower than the county median home value of $348,700. The national median home value is $338,100. The average price of homes sold in Magnolia, TX is $264,100. Approximately 52.24% of Magnolia homes are owned, compared to 38.47% rented, while 9.29% 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, Texas has a population of 2,303. Magnolia is less family-centric than the surrounding county with 34.6% of the households containing married families with children. The county average for households married with children is 38.67%.
The median household income in Magnolia, Texas is $63,661. The median household income for the surrounding county is $88,597 compared to the national median of $69,021. The median age of people living in Magnolia is 36.6 years.
The average high temperature in July is 93.2 degrees, with an average low temperature in January of 40.6 degrees. The average rainfall is approximately 49.1 inches per year, with 0 inches of snow per year.