Magnolia, DE Real Estate
According to census data in the year 2000 there were 107 housing units in Magnolia.
This represents a 24.4% growth from 86 in 1990.
Of those housing units, 107 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Magnolia is about 71.9%.
Magnolia's vacancy rate, including seasonal lodging, is about 16.8%.
Average household size is 2.66 people.
The majority of houses, apartments or condos in Magnolia were built after 1939.
|Housing Units by Size|
|Five Bedrooms or more||0.90%|
Owned Homes, Apartments and Condos
|Average Household Size||2.58|
|Median year structure was built||1939|
|Median Value of occupied units||$99,300|
|Median Price asked for vacant units||$85,000|
Rented Homes, Apartments and Condos
|Average Household Size||2.88|
|Median year structure was built||1955|
Owners Finance Status
|Second Mortgage & Equity Loan||6.30%|
|Home Equity Loan||12.50%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||18.1%|