Market Overview
Home Prices in Magnolia, NJ
The median home value in Magnolia, NJ is $328,632 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.1% compared to a year ago and up 4.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Magnolia are priced20% below average. Magnolia is part of the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro area.
Over the past five years, Magnolia home values have risen by approximately45.1%, reflecting strong long-term appreciation in this market.
Price History
Magnolia Home Price Trend
City Comparison
Magnolia vs. National Median
At $328,632, homes in Magnolia cost 20% 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
$65,726
on $328,632
Monthly P&I
$1,714/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,177/mo
incl. taxes & insurance
Income Needed
$87,080
gross annual (30% rule)
10% Down Option
$32,863
+ PMI applies
Loan Amount (20% dn)
$262,906
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, NJ?
The median home value in Magnolia is $328,632 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.1% year-over-year.
How much have home prices changed in Magnolia?
Over the past year, home values in Magnolia have increased by 1.1%. Over five years, prices have risen approximately 45.1%.
How much do I need to earn to buy a home in Magnolia?
To comfortably afford the median home price of $328,632 with a 20% down payment ($65,726) at today's rates (6.8%), you'd need a gross annual income of approximately $87,080. 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 $328,632, homes in Magnolia are 20% below the national average.
What metro area is Magnolia part of?
Magnolia is part of the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metropolitan area. Home prices and market conditions can vary across the broader metro region.