The small town of Solon, ME (postal code 04979) is known for its attractive housing market. The median value of homes in Solon is currently $192,000, which is significantly lower than the national average of $338,100. Despite the lower price tag on homes in this town, they still saw an impressive appreciation rate of 16.46% over the past year, considerably higher than the 8.27% nationwide. This makes it a great option for those looking to buy a home with a budget in mind. With such a high rate of appreciation and comparatively low prices to boot, Solon's housing market is worth considering for anyone looking for a place to call home.
The median home cost in Solon (zip 04979) is $192,000. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Solon (zip 04979) is up 20.6%.
Average Age of Homes
- The median age of Solon (zip 04979) real estate is 39 years old
The Rental Market in Solon (zip 04979)
- Renters make up 15.0% of the Solon (zip 04979) population
- 3.3% of houses and apartments in Solon (zip 04979), 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.