Zip 19962 (Magnolia, DE) Housing

In 19962 Magnolia, DE, the median housing value is $370,000, which is higher than the US median housing value of $338,100. This can be seen by the 1 year house appreciation rate of 11.37%, higher than the 8.27% US average. Over the past 12 months the value of housing in Magnolia, DE has increased significantly and shows great promise for future home buyers and investors alike.

The median home cost in Magnolia (zip 19962) is $370,000. Home appreciation the last 10 years has been 71.4%. Home Appreciation in Magnolia (zip 19962) is up 17.3%.

Average Age of Homes

- The median age of Magnolia (zip 19962) real estate is 15 years old

The Rental Market in Magnolia (zip 19962)

- Renters make up 16.1% of the Magnolia (zip 19962) population
- 0.7% of houses and apartments in Magnolia (zip 19962), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Magnolia, Delaware	United States
	4,399.0	139,647,020.0
	18	42
	$370,000	$338,100
	17.3%	16.6%
	55.8%	57.0%
	71.4%	101.1%
	$4.65	$10.98
	$1,341	$2,690
	85.2%	57.4%
	5.8%	11.2%
	9.0%	31.4%
Vacant Housing
	0.7%	1.9%
	0.8%	0.4%
	1.6%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	2.7%	4.1%
Value of Owner-Occupied Housing
	2.9%	2.6%
	0.2%	2.4%
	3.7%	2.8%
	0.5%	3.9%
	1.6%	4.5%
	5.0%	11.3%
	8.3%	13.0%
	32.5%	20.1%
	30.5%	13.6%
	7.6%	8.3%
	6.6%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.6%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	33.3%	13.6%
	33.3%	13.6%
	15.6%	13.6%
	9.1%	13.2%
	5.0%	14.8%
	15.6%	13.6%
	3.1%	10.0%
	0.7%	4.7%
	4.5%	12.2%

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