Magnolia, NJ 08049 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Magnolia, NJ—08049

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$313,000

3.1% YoY Growth

Household Income

$94,600

54.4% YoY Growth

Days on Market

45.0% Longer YoY

Home Price Forecast

1.7%

Median Rent

$1,400

0.7% YoY Growth

1-Bed Rent

$1,400

7.0% YoY Growth

2-Bed Rent

$1,550

0.6% YoY Growth

3-Bed Rent

$1,600

13.5% YoY Growth

Home Price Trends — Magnolia, NJ

As of Dec '25, the median home price in Magnolia, NJ is $313,000, with a year-over-year change of 3.1%. This indicates that home prices in Magnolia, NJ are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$313,000	3.1%
Single Family	$314,000	2.6%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Magnolia, NJ

As of July '25, Rentcast reports the average rent in Magnolia, NJ is $1,480, with a year-over-year rent change of -0.7%. Per bedroom, the median rent as of July '25 in Magnolia, NJ is studios: $1,160, 1-bedrooms: $1,320, 2-bedrooms: $1,620, 3-bedrooms: $1,600, 4-bedrooms: $3,200. The most common rental property sizes in Magnolia, NJ are 1-bedroom and 3-bedroom, accounting for 58.9% and 11.8% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,400	$1,480
Studio Rent	$1,160	$1,160
1 Bed Rent	$1,400	$1,320
2 Bed Rent	$1,550	$1,620
3 Bed Rent	$1,600	$1,600
4 Bed Rent	$3,200	$3,200

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% of Rental Stock

Studio

7.6%

1 Bedroom

58.9%

2 Bedrooms

10.5%

3 Bedrooms

11.8%

4 Bedrooms

11.2%

Property Listings — Magnolia, NJ

As of Dec '25, Realtor.com reports that the median days on market for a home in Magnolia, NJ is 77. This is a increase of 129.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$280,000	-1.0%
Listing Count	14	38.0%
Listings as % of Homes	0.6%	38.0%
Days on Market	54	45.0%

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Demographics — Magnolia, NJ

As of the latest ACS Survey released in 2023, Magnolia, NJ has a population of 5,270, which has decreased by -4.0% over the past 5 years. Magnolia, NJ is a moderately popular place for families, as children make up 21.3% of the population. The area has a moderately educated workforce, with 32.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.7% reporting working from home.

Metric	Latest Census	YoY % Change
Population	5,270	-4.0%
% Under 18	21.3%	4.9%
% Seniors	18.7%	49.6%
% WFH	13.7%	756.2%
% w/ College Degree	32.9%	46.9%

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As of the latest ACS Survey released in 2023, Magnolia, NJ is a predominantly white area, with 59.2% of the population identifying as white. The white population has shrunk by 9.2% in the last 5 years. The second most common race or ethnicity in Magnolia, NJ is hispanic, making up 16.4% of the population. Foreign-born residents account for 5.8% of the population in Magnolia, NJ, and this percentage has increased by 31.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	59.2%	-9.2%
% Black	14.2%	-23.2%
% Hispanic	16.4%	51.9%
% Asian	7.1%	222.7%
% Foreign Born	5.8%	31.8%

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Mortgage and Risk — Magnolia, NJ

According to HUD data as of 2023, there were 100 mortgage originations in Magnolia, NJ, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Magnolia, NJ. Investor activity is low, as 1.0% of loans were by investors. 25.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	100
% Conventional Loans	76.0%
% Government Loans	24.0%
% Investor Loans	1.0%
% Second Loans	0.0%
% Cash Out Refinance	25.0%

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Rentals and Section 8 — Magnolia, NJ

As of 2024, the percent of homes in Magnolia, NJ under the Section 8 program is 3.6%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Magnolia, NJ, because HUD payments exceed market rent, while 1-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	20
Total Units Section 8	20
% Rentals under Section 8	3.6%
% Occupied Section 8	99.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$80	$1,400	$1,320
2 Bedroom	$20	$1,550	$1,570
3 Bedroom	$290	$1,600	$1,890
4 Bedroom	-$1,050	$3,200	$2,150

Magnolia, NJ—08049

Key Metrics at a Glance

Home Price Trends — Magnolia, NJ

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Magnolia, NJ

% of Rental Stock

Property Listings — Magnolia, NJ

Demographics — Magnolia, NJ

Race and Ethnicity

Mortgage and Risk — Magnolia, NJ

Mortgages

Rentals and Section 8 — Magnolia, NJ

Section 8 Market Size

Section 8 Opportunity

Affordability — Magnolia, NJ

Home Price to Income Ratio

Magnolia, NJ — ZIP Code Boundary Map

Nearby ZIP Codes

Lawnside, NJ

Somerdale, NJ

Barrington, NJ

Glendora, NJ

Stratford, NJ

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.7
Median Home Price	$313,000
Median Household Income	$94,600

Magnolia, NJ—08049

Key Metrics at a Glance

Home Price Trends — Magnolia, NJ

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Magnolia, NJ

% of Rental Stock

Property Listings — Magnolia, NJ

Demographics — Magnolia, NJ

Race and Ethnicity

Mortgage and Risk — Magnolia, NJ

Mortgages

Rentals and Section 8 — Magnolia, NJ

Section 8 Market Size

Section 8 Opportunity

Affordability — Magnolia, NJ

Home Price to Income Ratio

Magnolia, NJ — ZIP Code Boundary Map

Nearby ZIP Codes

Lawnside, NJ

Somerdale, NJ

Barrington, NJ

Glendora, NJ

Stratford, NJ

Frequently Asked Questions

What is the average home price in Magnolia, NJ 08049?

How have home prices in Magnolia, NJ 08049 changed over the past year?

What is the home price projection for Magnolia, NJ 08049?

What are the demographics of Magnolia, NJ 08049?

How long does it take homes to sell in Magnolia, NJ 08049?

What is the average rent price in Magnolia, NJ 08049?