Market Overview
Home Prices in Magnolia, MS
The median home value in Magnolia, MS is $117,732 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 10.2% compared to a year ago and up 5.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Magnolia are priced71% below average. Magnolia is part of the McComb, MS metro area.
Over the past five years, Magnolia home values have fallen by approximately0.3%, reflecting softening conditions in this market.
Price History
Magnolia Home Price Trend
City Comparison
Magnolia vs. National Median
At $117,732, homes in Magnolia cost 71% below the national median of $410,000. This makes Magnolia a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Magnolia?
20% Down Payment
$23,546
on $117,732
Monthly P&I
$614/mo
30-yr @ 6.8%
Total Monthly Est.
~$780/mo
incl. taxes & insurance
Income Needed
$31,200
gross annual (30% rule)
10% Down Option
$11,773
+ PMI applies
Loan Amount (20% dn)
$94,186
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Magnolia, MS?
The median home value in Magnolia is $117,732 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 10.2% year-over-year.
How much have home prices changed in Magnolia?
Over the past year, home values in Magnolia have increased by 10.2%. Over five years, prices have fallen approximately 0.3%.
How much do I need to earn to buy a home in Magnolia?
To comfortably afford the median home price of $117,732 with a 20% down payment ($23,546) at today's rates (6.8%), you'd need a gross annual income of approximately $31,200. This assumes keeping total housing costs at or below 30% of gross income.
How does Magnolia compare to the national average home price?
The national median home value is approximately $410,000. At $117,732, homes in Magnolia are 71% below the national average.
What metro area is Magnolia part of?
Magnolia is part of the McComb, MS metropolitan area. Home prices and market conditions can vary across the broader metro region.