Magnolia, AR Real Estate

According to census data in the year 2000 there were 4,801 housing units in Magnolia. This represents a 2.4% growth from 4,689 in 1990.

Of those housing units, 4,608 were located in either urbanized areas or urban clusters, and 193 were located in what is classified as a rural area.

Homeownership rate in Magnolia is about 57.5%. Magnolia's vacancy rate, including seasonal lodging, is about 13%. Average household size is 2.33 people.

The majority of houses, apartments or condos in Magnolia were built after 1966.


Housing Size

Housing Units by Size
Studio Type1.30%
One Bedroom15%
Two Bedrooms29.50%
Three Bedrooms46.30%
Four Bedrooms6.60%
Five Bedrooms or more1.20%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.51
Median year structure was built1965
Median Value of occupied units$62,900
Median Price asked for vacant units$28,800

Rented Homes, Apartments and Condos

Average Household Size2.09
Median year structure was built1967
Median Monthly Rent asked for vacant units$266

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3%
Home Equity Loan2.50%
Simple Mortgage50.20%
Debt Free44.40%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs15.9%