Solvay, NY Housing

Solvay, NY is a great place to live and invest in real estate. The median value of housing in Solvay is $143,300, which is significantly lower than the US median value of $338,100. On top of that, the appreciation rate for homes in Solvay over the past year has been 14.28%, which is higher than the national average of 8.27%. Therefore, investing in real estate in Solvay presents a great opportunity to receive high returns over time.

The median home cost in Solvay is $143,300. Home appreciation the last 10 years has been 63.4%. Home Appreciation in Solvay is up 13.6%.

Average Age of Homes

- The median age of Solvay real estate is 68 years old

The Rental Market in Solvay

- Renters make up 45.4% of the Solvay population
- 1.8% of houses and apartments in Solvay, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Solvay, New York	United States
	3,262.0	139,647,020.0
	72	42
	$143,300	$338,100
	13.6%	16.6%
	46.9%	57.0%
	63.4%	101.1%
	$34.22	$10.98
	$4,148	$2,690
	46.2%	57.4%
	8.6%	11.2%
	45.3%	31.4%
Vacant Housing
	1.8%	1.9%
	1.0%	0.4%
	0.2%	0.7%
	0.9%	0.4%
	0.0%	3.6%
	4.7%	4.1%
Value of Owner-Occupied Housing
	1.9%	2.6%
	0.0%	2.4%
	3.2%	2.8%
	12.5%	3.9%
	15.7%	4.5%
	33.3%	11.3%
	22.8%	13.0%
	5.6%	20.1%
	1.9%	13.6%
	0.0%	8.3%
	2.1%	9.7%
	0.0%	3.9%
	1.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	0.6%	13.6%
	0.6%	13.6%
	1.5%	13.6%
	4.1%	13.2%
	9.6%	14.8%
	1.5%	13.6%
	20.4%	10.0%
	13.3%	4.7%
	38.4%	12.2%