Solon township (Leelanau County), MI Housing


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Solon township (Leelanau County), MI is a desirable place to live due to its housing market. The median value of houses in this area is $432,800 which is significantly higher than the US median house value of $338,100. Additionally, the one year appreciation rate for houses in Solon township is 15.49%, whereas the national appreciation rate over the same period is only 8.27%. This data shows that Solon township has seen strong growth in its home values and that it may be a good time to invest in this area's housing market.

The median home cost in Solon township (Leelanau County) is $432,800. Home appreciation the last 10 years has been 122.2%. Home Appreciation in Solon township (Leelanau County) is up 19.8%.

Average Age of Homes
- The median age of Solon township (Leelanau County) real estate is 36 years old
The Rental Market in Solon township (Leelanau County)
- Renters make up 7.0% of the Solon township (Leelanau County) population
- 1.2% of houses and apartments in Solon township (Leelanau County), 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

  HousingSolon township (Leelanau County), MichiganUnited States
  779.0139,647,020.0
  3942
  $432,800$338,100
  19.8%16.6%
  69.9%57.0%
  122.2%101.1%
  $7.30$10.98
  $1,908$2,690
  76.0%57.4%
  19.6%11.2%
  4.4%31.4%
  Vacant Housing
  1.2%1.9%
  0.0%0.4%
  0.0%0.7%
  0.0%0.4%
  15.7%3.6%
  2.8%4.1%
  Value of Owner-Occupied Housing
  0.0%2.6%
  0.7%2.4%
  1.0%2.8%
  1.5%3.9%
  4.7%4.5%
  9.8%11.3%
  16.2%13.0%
  28.5%20.1%
  19.9%13.6%
  7.3%8.3%
  7.9%9.7%
  1.2%3.9%
  1.2%2.2%
  0.0%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  16.7%13.6%
  16.7%13.6%
  18.9%13.6%
  14.5%13.2%
  11.2%14.8%
  18.9%13.6%
  11.3%10.0%
  1.4%4.7%
  11.7%12.2%
Reviews for Solon township (Leelanau County)
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Over 17 years ago

Solon township in Leelenau County is a wonderful place to live. Senic surroundings, wonderful, caring people. If you like the outdoors, there is always something to do.  More

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