Home prices
The median home price in Magnolia is $191,900. This is roughly $79,280 (29%) lower compared to its nearby areas.It is about $25,600 (11%) lower in comparison to the entire nation, and compared to the city of Houston is approximately $20,100 (11%) higher.
Rents
The median monthly rent in Magnolia is $880. It is about $193 (17%) lower in comparison to the surrounding areas.It is approximately $182 (17%) lower in comparison to the entire nation, and it is about $161 (15%) lower compared to the city of Houston.
Nearby places
Stagecoach
Stagecoach is about 5 miles south of Magnolia. Its housing prices are substantially more expensive. The median home cost in Stagecoach is $335,700, which comes out to $143,800 (42%) higher than Magnolia. The rent there is somewhat less expensive. The median monthly rent in Stagecoach is $667, which is $213 (31%) lower than Magnolia.
Tomball
Tomball is roughly 11 miles southeast from Magnolia. Its housing prices are a bit more expensive. The median home price in Tomball is $211,700, which is $19,800 (9%) higher than Magnolia. The rent there is a bit more expensive. The median monthly rent in Tomball is $1,072, which is $192 (17%) higher than Magnolia.
The Woodlands
The Woodlands is approximately 12 miles east from Magnolia. The real estate prices there are substantially more expensive. The median home in The Woodlands is valued at $374,200, which comes out to $182,300 (48%) higher than Magnolia. Its rents are significantly more expensive. In The Woodlands the median monthly rent is $1,566, which is $686 (43%) higher than Magnolia.
Montgomery
Montgomery is about 13 miles north of Magnolia. Real estate prices there are significantly more expensive. The value of the median home in Montgomery is $309,900, which works out to $118,000 (38%) higher than Magnolia. Rent there is a bit more expensive. Montgomery's median monthly rent is $1,123, which is $243 (21%) higher than Magnolia.
Waller
Waller is about 14 miles southwest from Magnolia. Its housing prices are a lot less expensive. The median home in Waller costs $124,400, which is $67,500 (54%) lower than Magnolia. Its rents are a bit more expensive. The median rent in Waller is $935 a month, which is $55 (5%) higher than Magnolia.
