Solway, MN is a small town located in 56678 zip code with an estimated population of 489 people. The median value of housing in Solway is $201,400 which is much lower than the US median housing value of $338,100. Despite a wide disparity in median housing values, Solway houses have seen an impressive appreciation rate of 15.27% over the past year which is higher than the national average of 8.27%. This demonstrates that the housing market in Solway remains strong and that it may be a great place to invest or settle down for those looking for affordable property with potential long term gains.
The median home cost in Solway (zip 56678) is $201,400. Home appreciation the last 10 years has been 68.4%. Home Appreciation in Solway (zip 56678) is up 19.7%.
Average Age of Homes
- The median age of Solway (zip 56678) real estate is 30 years old
The Rental Market in Solway (zip 56678)
- Renters make up 7.0% of the Solway (zip 56678) population
- 0.0% of houses and apartments in Solway (zip 56678), 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.