Magnolia, Delaware.
Typical home $420,120 (+2.4% in a year), asking rent $2,800 . Dover, DE metro.
to buy the typical home at today's mortgage rate — +$1,224 (+125%) since Jan 2020.
- 1 year
- Up $9,675 +2%
- $410,445$420,120 since Sep 2025
- 5 years
- Up $86,019 +26%
- $334,101$420,120 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Magnolia$2,205
- Delaware$2,126
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 15 years.
Typical home values in Magnolia, DE rose 2.4% over the past year — faster than the nation's +1.2%.
Living in Magnolia, Kent County, Delaware
Magnolia is a town of 277 people in Kent County. Unemployment in Kent County was 5.5% in August 2026, and the county had 0.2% fewer jobs in 2025 than the year before. The most people in Kent County work in schools and health care, then shops.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Magnolia is a very small town in Kent County, Delaware, where neighbors are likely to know one another. Homes here are valued well above what many places in the county would ask, and the county's household incomes sit at a modest middle level. Winters are cold, though milder than in much of the northern country, and summers turn properly warm by July. Snow falls on some winter days, though not heavily, and rain and melted snow add up to a fairly wet year.
Work. Many residents work in schools, hospitals and social care, with others in shops, government, and restaurants, hotels and entertainment. Across Kent County, some of the largest workplaces are Bayhealth Hospital Kent Campus, Caesar Rodney School District and Delaware State University. The typical drive to work is a moderate one, and jobs across the county dipped slightly last year while unemployment has eased a little from a year earlier.
Things to do. Killens Pond State Park is a protected area a short drive away, a place for walking and time by the water. The Air Mobility Command Museum is also a short drive away and suits an afternoon indoors. For bigger water and open land, the Bombay Hook National Wildlife Refuge is a longer drive away, and Beaver Gut Ditch runs in or beside town.
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- 8%below the poverty line
- 25 mintypical commute
What people in Kent County work in
Employed residents by industry, from the Census survey. Kent County had 70,905 jobs in 2025, 0.2% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 44° and lows near 28°; warmest in July, with highs near 87° and lows near 69°. About 13 inches of snow and 48 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Dover weather station, 5 miles away (NOAA).
Largest workplaces in Kent County
- Bayhealth Hospital Kent CampusGeneral hospital1,745FTE
- Delaware Technical Community College-TerryUniversity or college1,602
- Perdue FoodsPoultry processing1,444
- Caesar Rodney School DistrictSchool district1,121FTE
- Delaware State UniversityUniversity or college1,029
- Capital School DistrictSchool district834FTE
- WalmartGeneral warehousing and storage829
- Smyrna School DistrictSchool district696FTE
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 113 workplaces with 20 or more staff, 13,531 people in all across the county; Magnolia has none of its own. Hospitals come from their Medicare cost reports (CMS, 2023), colleges from IPEDS (NCES, 2023–24) and school districts from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Cold wavesRelatively high
- Winter weatherRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Magnolia’s census tracts, against the rest of the country; all of them together, very low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Kent County and the Dover, DE metro.
Magnolia home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Magnolia$420,120
- Delaware$405,061
- United States$366,157
Sellers are cutting prices on about 1 in 4 Magnolia listings — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Magnolia27.51%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Magnolia38
New listings per month
Sellers arriving at the market.
- Magnolia11
Zip codes with a Magnolia address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Magnolia — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.