The housing market in Solon, NY is doing very well compared to the rest of the United States. The median value for a house in Solon is currently $155,200, significantly lower than the US median of $338,100. In addition to having lower prices, houses in Solon also appreciate at a faster rate than the national average. Over the past year, homes in Solon have appreciated by a whopping 10.60%, compared to just 8.27% across all of the United States. This means that investing in property in Solon is an attractive proposition for those looking to make money in real estate.
The median home cost in Solon is $155,200. Home appreciation the last 10 years has been 64.1%. Home Appreciation in Solon is up 16.2%.
Average Age of Homes
- The median age of Solon real estate is 41 years old
The Rental Market in Solon
- Renters make up 13.0% of the Solon population
- 0.0% of houses and apartments in Solon, 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.