House Prices

House Prices & Home Values Magnolia, IL 2026


Average Data

average house price$201,760
average size per house2261 ft²
average price per ft²90 $ / ft²

04/18/2026 - The value range (VR) for house prices in Magnolia, IL is $255/ sqft to $255/ sqft. An average home with 2261 sqft costs approximately $576,555 to $576,555. Magnolia, IL includes 1 ZIP codes and it is located in Putnam county. The lowest prices are found in ZIP 61336, while the highest are in ZIP 61336. The average price per sqare feet is $90. Our analysis is based on 5 property listings.

Avergage prices by ZIP codes Magnolia

61336230 $ / ft²




Historical development of home values in Magnolia

Year Estimated value (USD) Change vs. 2025
2010 $93,701 -53.6%
2011 $90,078 -55.4%
2012 $89,835 -55.5%
2013 $93,193 -53.8%
2014 $97,827 -51.5%
2015 $102,848 -49.0%
2016 $108,215 -46.4%
2017 $114,056 -43.5%
2018 $120,361 -40.3%
2019 $125,942 -37.6%
2020 $132,453 -34.4%
2021 $150,651 -25.3%
2022 $175,625 -13.0%
2023 $185,205 -8.2%
2024 $195,919 -2.9%
2025 $201,760 0.0%

Graph: estimated home values in Magnolia over time (USD)



Example: 100% financing house in Magnolia

Loan amount: $201,760

Interest rate: 6.00%

Fixed monthly payment: $1,209.65

Breakdown in the 1st month:
Interest portion: $1,008.80  –  Principal portion: $200.85

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $12,038.20 $2,477.64 $199,282.36
2 $11,885.39 $2,630.45 $196,651.91
3 $11,723.15 $2,792.69 $193,859.22
4 $11,550.90 $2,964.94 $190,894.28
5 $11,368.03 $3,147.81 $187,746.47
6 $11,173.88 $3,341.96 $184,404.51
7 $10,967.75 $3,548.09 $180,856.42
8 $10,748.91 $3,766.92 $177,089.50
9 $10,516.58 $3,999.26 $173,090.24
10 $10,269.91 $4,245.92 $168,844.32
11 $10,008.03 $4,507.80 $164,336.52
12 $9,730.00 $4,785.84 $159,550.68
13 $9,434.82 $5,081.01 $154,469.67
14 $9,121.44 $5,394.40 $149,075.26
15 $8,788.72 $5,727.12 $143,348.15
16 $8,435.49 $6,080.35 $137,267.80
17 $8,060.46 $6,455.37 $130,812.42
18 $7,662.31 $6,853.53 $123,958.89
19 $7,239.60 $7,276.24 $116,682.66
20 $6,790.82 $7,725.02 $108,957.64
21 $6,314.35 $8,201.48 $100,756.15
22 $5,808.50 $8,707.33 $92,048.82
23 $5,271.46 $9,244.38 $82,804.44
24 $4,701.28 $9,814.56 $72,989.88
25 $4,095.94 $10,419.90 $62,569.99
26 $3,453.27 $11,062.57 $51,507.42
27 $2,770.95 $11,744.89 $39,762.53
28 $2,046.55 $12,469.29 $27,293.24
29 $1,277.47 $13,238.36 $14,054.88
30 $460.96 $14,054.88 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Magnolia, IL


1500 sqft3900 sqft
Ø selling price$163,350$347,490
Ø fast selling$148,500$312,741
Ø high price sale$178,200$382,240

In 2026, houses in Magnolia, IL will be offered at an average price of $90 per square foot. A 1,500 sqft home priced at $163,350 is 20.70% more expensive per square foot than a 3,900 sqft home priced at $347,490. Home prices in Magnolia, IL vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $240,571. Sellers who can wait longer may achieve a higher price of up to $294,030.


Visit Magnolia, IL

Overview

Magnolia, Illinois is a small village in Putnam County known for its friendly Midwestern character and scenic rural landscapes.
Set amid rolling farmland, Magnolia, IL delivers a quiet pace that appeals to road-trippers and weekend explorers. Its convenient position near Illinois Routes 18 and 26 connects travelers to Peru, Princeton, and the Illinois River corridor.

Things to Do

Outdoor lovers find birding, cycling, and photography opportunities on country roads and nearby conservation areas. Heritage seekers enjoy historic churches, cemeteries, and 19th-century sites that reflect the village?s early settlement story.
Seasonal festivals and county fairs around Putnam County add family-friendly things to do within a short drive.

Living & Practical Info

Prospective residents appreciate affordable housing, low traffic, and a community-first spirit anchored by local farms and small businesses. Essential services and shopping are close by in regional towns, while healthcare and schools are part of the Ottawa?Streator micropolitan network.
For trip planning, use Magnolia as a peaceful base to reach fishing, boating, and hiking along the Illinois River. Whether you?re visiting or relocating, Magnolia, Illinois offers small-town charm, straightforward access, and a relaxed, welcoming vibe.



FAQ – Home Values in Magnolia

What is the median home value in Magnolia in 2026?

In 2026, the typical home value in Magnolia is about $201,760 for an average home size of 2261 square feet. This corresponds to an average price of roughly $90 per square foot.

What is the average cost per square foot in Magnolia?

In 2026, homes in Magnolia sell for an average of around $90 per square foot, with a typical range between $255 and $255 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Magnolia is about 2261 square feet, with an estimated 2026 value around $201,760.



Locations close to Magnolia, IL

Malden, IL76 $ / ft²
Manlius, IL42 $ / ft²
Mark, IL103 $ / ft²
Mc Nabb, IL249 $ / ft²
Lostant, IL224 $ / ft²
Long Point, IL249 $ / ft²
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