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Magnolia, NJ

Full City Profile · New Jersey · Gloucester County County

3.5 /5.0
B+ Good
4,360 Population 4,449/sq mi density
$89,489 Median Income $40,959 per capita
$221,100 Home Value $312,805 Zillow
$1,204 Median Rent 25.8% income on rent
55°F Avg Temperature 293 sunny days/yr
306 Violent Crime/100K 1,790 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$89,489 median income, 4.5% unemployment
A+
Affordability
5.0 / 5.0
$221,100 home value, $1,204/mo rent
F
Safety
1.0 / 5.0
306 violent crimes/100K
B+
Education
3.7 / 5.0
34.0% bachelor's degree or higher

Housing Overview

Median Home Value
$221,100
22% below
US avg: $281,900
Median Rent
$1,204/mo
4% above
US avg: $1,163/mo
Homeownership Rate
70.5%
8% above US avg (65.4%)
Total Housing Units
1,937
Median year built: 1962

Home Value by Source

Census Median
$221,100
Zillow (ZHVI)
$312,805
Median Sale Price
$275,000
Median List Price
$300,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

70.5%
Owner-Occupied
29.5%
Renter-Occupied
71%
30%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,599/mo
1 Bedroom
$1,759/mo
2 Bedroom
$2,132/mo
3 Bedroom
$2,658/mo
4 Bedroom
$3,005/mo
Census median rent: $1,204/mo

Market Indicators (Redfin)

Median Days on Market
42 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
7
Price Drops
14.3%
of listings with price reduction
Price Per Sq Ft
$192
Active Inventory
7
homes for sale

Affordability & Housing Stock

Rent Burden
25.8%
of renters spending 30%+ of income on housing
17% below US avg (31.0%)
Median Year Built
1962
Average age of housing stock: 64 years
Homeownership Rate
70.5%

Complete Housing Data

Home Values

Census Median Value$221,100
Zillow Home Value (ZHVI)$312,805
Median Sale Price$275,000
Median List Price$300,000
Price Per Sq Ft$192

Rent

Census Median Rent$1,204
FMR Studio$1,599
FMR 1-Bedroom$1,759
FMR 2-Bedroom$2,132
FMR 3-Bedroom$2,658
FMR 4-Bedroom$3,005

Market

Days on Market42
Sale-to-List Ratio1.0%
Price Drops14.3%
Homes Sold7
Active Inventory7
Price Per Sq Ft$192

Ownership & Stock

Owner-Occupied70.5%
Renter-Occupied29.5%
Homeownership Rate70.5%
Total Housing Units1,937
Median Year Built1962
Rent Burden25.8%