Housing & Real Estate — Magnolia Springs, Alabama
Overview
| Total Housing Units | 564 |
|---|
| Occupied | 460 |
|---|
| Vacant | 104 |
|---|
| Owner-Occupied | 399 |
|---|
| Renter-Occupied | 61 |
|---|
| Median Home Value (Census) | $442,400 |
|---|
| Estimated 2026 | ~$475,000 |
|---|
| Median Rent | $1,141/mo |
|---|
| Median Property Tax | $1,190/yr |
|---|
Affordability
| Home Price to Income Ratio | N/Ax |
|---|
| Home Affordability | N/A |
|---|
| Rent as % of Income | N/A% |
|---|
| Severely Rent-Burdened | 44.0% |
|---|
Housing Age
| Built 2010 or later | 81 |
|---|
| Built 2000-2009 | 42 |
|---|
| Built 1990-1999 | 113 |
|---|
| Built before 1960 | 77 |
|---|
| Median Year Built | 1983 |
|---|
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
