$1,350,000 Open Sat 11:30AM - 1PM
- 3 Beds
- 2.5 Baths
- 2,514 Sq Ft
24 Flume Rd, Gloucester, MA 01930
Heather Dagle RE/MAX Beacon
Frequently Asked Questions
Is Magnolia a good place to live?
Magnolia is a good place to live. Magnolia is considered very car-dependent and bikeable with some transit options. Magnolia is a neighborhood with a crime score of 1, making it safer than the average neighborhood in the U.S. Magnolia has 6 parks for recreational activities. It has a median age of 54. The average household income is $135,191 which is above the national average. College graduates make up 47.1% of residents. A majority of residents in Magnolia are home owners, with 27.1% of residents renting and 72.9% of residents owning their home. A local real estate agent serving Magnolia can help you decide if this neighborhood is the right one for you. Learn more on our Magnolia neighborhood guide.
Is Magnolia, MA a safe neighborhood?
Magnolia, MA is safer than the average neighborhood in the United States. It received a crime score of 1 out of 10.
How much do you need to make to afford a house in Magnolia?
The median home price in Magnolia is $674,000. If you put a 20% down payment of $134,800 and had a 30-year fixed mortgage with an interest rate of 6.11%, your estimated principal and interest payment would be $3,270 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $140K a year to afford the median home price in Magnolia. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Magnolia is $135K.
What are the best public schools in Magnolia?
The best public schools that serve Magnolia are:
- Gloucester High School has a B- Niche grade, a student teacher ratio of 10:1 and an average review score of 3.2.
- Ralph B O'maley Middle School has a B- Niche grade and a student teacher ratio of 11:1.
- West Parish has a B- Niche grade and a student teacher ratio of 13:1.
What are the most popular zip codes in Magnolia, Gloucester, MA?
What are the most popular neighborhoods near Magnolia, Gloucester, MA?
The most popular neighborhoods near Magnolia, Gloucester, MA are West Gloucester, Central Gloucester, East Gloucester, Beverly Farms and Downtown Beverly.
Are home prices dropping in Magnolia?
Yes, home prices in Magnolia are down 5% in the last 12 months.
