Market Overview
Home Prices in Magnolia, NC
The median home value in Magnolia, NC is $150,504 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.6% compared to a year ago and down 3.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Magnolia are priced63% below average.
Over the past five years, Magnolia home values have risen by approximately23.3%, reflecting strong long-term appreciation in this market.
Price History
Magnolia Home Price Trend
2020
$99,152
$99K
—
2021
$122,038
$122K
+23.1%
2022
$134,340
$134K
+10.1%
2023
$140,384
$140K
+4.5%
2024
$151,970
$152K
+8.3%
2025
$146,690
$147K
-3.5%
2026
$150,504
$151K
+2.6%
City Comparison
Magnolia vs. National Median
🏠 Magnolia
$150,504
National Median
$410,000
At $150,504, homes in Magnolia cost 63% 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
$30,101
on $150,504
Monthly P&I
$785/mo
30-yr @ 6.8%
Total Monthly Est.
~$997/mo
incl. taxes & insurance
Income Needed
$39,880
gross annual (30% rule)
10% Down Option
$15,050
+ PMI applies
Loan Amount (20% dn)
$120,403
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, NC?
The median home value in Magnolia is $150,504 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.6% year-over-year.
How much have home prices changed in Magnolia?
Over the past year, home values in Magnolia have increased by 2.6%. Over five years, prices have risen approximately 23.3%.
How much do I need to earn to buy a home in Magnolia?
To comfortably afford the median home price of $150,504 with a 20% down payment ($30,101) at today's rates (6.8%), you'd need a gross annual income of approximately $39,880. 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 $150,504, homes in Magnolia are 63% below the national average.