The housing market in Solomon, AZ is enjoying a period of strong growth. The median value for homes in the area is $171,500, which is significantly lower than the US median value of $338,100. This affords homebuyers in Solomon a great opportunity to purchase a home at an attractive price. In addition to this value proposition, over the past year homes in Solomon have appreciated by 14.29%, compared to the national average of 8.27%. This high rate of appreciation means that buyers in Solomon are reaping the benefits of investing in real estate and cashing out on their investments rapidly. With so many great reasons to invest in real estate in Solomon, AZ it's no wonder why this area continues to be one of the most popular housing markets for homebuyers across the country.
The median home cost in Solomon is $171,500. Home appreciation the last 10 years has been 138.7%. Home Appreciation in Solomon is up 18.9%.
Average Age of Homes
- The median age of Solomon real estate is 41 years old
The Rental Market in Solomon
- Renters make up 21.6% of the Solomon population
- 0.0% of houses and apartments in Solomon, 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.