Home prices
The price of the median home in Magalia is $172,900. This is roughly $108,820 (38%) lower compared to nearby areas.In comparison to the nation as a whole it is approximately $44,600 (20%) lower, and is about $164,000 (48%) lower in comparison to the city of Sacramento.
Rents
In Magalia the median monthly rent is $1,058. In comparison to the surrounding areas it is roughly $122 (13%) higher.Compared to the entire nation it is is very similar, and in comparison to the city of Sacramento it is approximately $205 (16%) lower.
Nearby places
Concow
Concow is about 5 miles southeast from Magalia. Real estate prices there are a little more expensive. The median home in Concow is valued at $190,900, which is $18,000 (9%) higher than Magalia. Rents there are substantially less expensive. Concow's median rent is $760 per month, which is $298 (39%) lower than Magalia.
Stirling City
Stirling City is roughly 6 miles northeast from Magalia. Real estate prices there are a bit more expensive. Stirling City's median home price is $216,700, which is $43,800 (20%) higher than Magalia. Rents there are significantly less expensive. In Stirling City the median rent is $588 a month, which is $470 (79%) lower than Magalia.
Chico
Chico is approximately 10 miles southwest of Magalia. Its housing prices are substantially more expensive. The value of the median home in Chico is $327,700, which comes out to $154,800 (47%) higher than Magalia. The rent there is pretty similar. In Chico the median monthly rent is $1,100, which works out to $42 (3%) higher than Magalia.
Durham
Durham is approximately 15 miles southwest of Magalia. Real estate prices there are significantly more expensive. The median home in Durham is valued at $500,300, which works out to $327,400 (65%) higher than Magalia. Its rents are somewhat more expensive. Durham's median rent is $1,433 a month, which is $375 (26%) higher than Magalia.
Berry Creek
Berry Creek is approximately 16 miles southeast from Magalia. Its real estate prices are pretty similar. The median home price in Berry Creek is $173,000, which is very similar to Magalia. Rents there are substantially less expensive. Berry Creek's median rent is $798 per month, which works out to $260 (32%) lower than Magalia.
