Magnolia, KY—42757
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Magnolia, KY
Magnolia, KY lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $201,000 | 8.0% |
| Single Family | $201,000 | 8.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $174,000 | 10.1% |
3 Bed | $223,000 | 7.2% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Magnolia, KY
Magnolia, KY lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,400 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,400 | $1,400 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Magnolia, KY
As of Oct '25, Realtor.com reports that the median days on market for a home in Magnolia, KY is 23. This is a increase of 47.0% 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 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $334,000 | 37.0% |
Listing Count | 6 | -45.0% |
| Listings as % of Homes | 0.1% | -45.0% |
Days on Market | 23 | 47.0% |
Demographics — Magnolia, KY
As of the latest ACS Survey released in 2023, Magnolia, KY has a population of 2,850, which has remained stable by -0.6% over the past 5 years. Magnolia, KY is a moderately popular place for families, as children make up 17.1% of the population. The area has a poorly educated workforce, with 11.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,850 | -0.6% |
% Under 18 | 17.1% | -15.8% |
% Seniors | 21.0% | 37.3% |
% WFH | 6.4% | 113.3% |
% w/ College Degree | 11.0% | -12.0% |
As of the latest ACS Survey released in 2023, Magnolia, KY is a predominantly white area, with 88.8% of the population identifying as white. The white population has shrunk by 5.9% in the last 5 years. The second most common race or ethnicity in Magnolia, KY is black, making up 5.9% of the population. Foreign-born residents account for 0.8% of the population in Magnolia, KY, and this percentage has decreased by 63.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 88.8% | -5.9% |
% Black | 5.9% | ∞% |
% Hispanic | 1.5% | -46.4% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.8% | -63.6% |
Mortgage and Risk — Magnolia, KY
According to HUD data as of 2023, there were 118 mortgage originations in Magnolia, KY, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Magnolia, KY. Investor activity is low, as 7.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 118 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 7.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Magnolia, KY
Magnolia, KY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 0.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $790 |
| 2 Bedroom | N/A | N/A | $990 |
| 3 Bedroom | -$100 | $1,400 | $1,300 |
| 4 Bedroom | N/A | N/A | $1,540 |
Affordability — Magnolia, KY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $201,000 |
| Median Household Income | $48,400 |