Home›Wisconsin›Magnolia
📍 Magnolia, WI · Zillow ZHVI · July 2026

Average Home Price in
Magnolia, WI

Janesville-Beloit, WI metro area · Rock County County

Median Home Value
$452,971
↑ 8.2% year-over-year
vs. National Median
$410,000
Magnolia is 10% above
Est. Monthly Payment
$2,362/mo
20% down · 6.8% rate
Income Needed
$120K
gross annual (30% rule)
Median Home Value
$452,971
↑ 8.2% year-over-year
Down Payment (20%)$90,594
Monthly P&I$2,362/mo
With Taxes & Ins.~$3,000/mo
Income Needed$120,000/yr
Data SourceZillow ZHVI
Market Overview

Home Prices in Magnolia, WI

The median home value in Magnolia, WI is $452,971 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 8.2% compared to a year ago and down 2.8% from two years prior.

Compared to the U.S. national median of $410,000, homes in Magnolia are priced10% above average. Magnolia is part of the Janesville-Beloit, WI metro area.

City Comparison

Magnolia vs. National Median

🏠 Magnolia
$452,971
National Median
$410,000

At $452,971, homes in Magnolia cost 10% above the national median of $410,000. Buyers in Magnolia should expect to pay a premium compared to most U.S. markets.

Affordability

What Does It Cost to Buy in Magnolia?

20% Down Payment
$90,594
on $452,971
Monthly P&I
$2,362/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,000/mo
incl. taxes & insurance
Income Needed
$120,000
gross annual (30% rule)
10% Down Option
$45,297
+ PMI applies
Loan Amount (20% dn)
$362,377
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, WI?
The median home value in Magnolia is $452,971 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 8.2% year-over-year.
How much have home prices changed in Magnolia?
Over the past year, home values in Magnolia have increased by 8.2%.
How much do I need to earn to buy a home in Magnolia?
To comfortably afford the median home price of $452,971 with a 20% down payment ($90,594) at today's rates (6.8%), you'd need a gross annual income of approximately $120,000. 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 $452,971, homes in Magnolia are 10% above the national average.
What metro area is Magnolia part of?
Magnolia is part of the Janesville-Beloit, WI metropolitan area. Home prices and market conditions can vary across the broader metro region.