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Solon, IA Housing

 
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As of 2010-2014, median price of a house in Solon is $190,600, which is higher than the state average of $126,300 and is higher than the national average of $175,700. The Solon median house value has grown by 66.46% since 2000. The growth rate for the price of a house in Solon is higher than the state average rate of 53.09% and is higher than the national average rate of 46.91%. The median year that a house in Solon was built is 1993, which is newer than the median year for a house built in the state which is 1966 and is newer than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 642 Owner Occupied Houses in Solon, IA, #30
Solon, IA
190,600 USD
Iowa
126,300 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #192
Solon, IA
66.46%
Iowa
53.09%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Solon, IAIowaU.S.
Total Housing Units891, see rank, 100%1,348,151132,741,033
Occupied Housing Units852, 95.62%, see rank91.40%87.55%
Owner Occupied642, 72.05%, see rank65.64%56.34%
Renter Occupied210, 23.57%, see rank25.76%31.21%
Vacant Housing Units39, 4.38%, see rank8.60%12.45%
For Rent9, 1.01%, see rank1.72%2.34%
For Sale Only23, 2.58%, see rank1.16%1.20%
Rented or Sold, Not Occupied0, 0.00%, see rank0.79%0.92%
For Seasonal, Recreational, or Occasional Use3, 0.34%, see rank1.48%3.97%
For Migrant Workers0, 0.00%, see rank0.01%0.03%
Other Vacant4, 0.45%, see rank3.45%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #28
Solon, IAIowaU.S.
199319661976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Solon, IA%IowaU.S.
Owner-Occupied Units642100%884,98474,787,460
With a Mortgage54885.36%, see rank61.75%65.58%
Without a Mortgage9414.64%, see rank38.25%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Solon, IA
1,573 USD
Iowa
1,181 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsSolon, IA%IowaU.S.
$299 or Less00.00%, see rank0.23%0.20%
$300 to $49900.00%, see rank2.39%1.59%
$500 to $69900.00%, see rank8.63%5.01%
$700 to $999529.49%, see rank23.95%14.32%
$1,000 to $1,49919134.85%, see rank35.90%27.90%
$1,500 to $1,99917231.39%, see rank17.17%20.35%
$2,000 to $2,99911120.26%, see rank9.44%19.52%
$3,000 or More224.01%, see rank2.31%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Solon, IA
24.20% of the Total Income
Iowa
20.00% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Solon, IA%IowaU.S.
10% or Less142.55%, see rank7.42%5.86%
10% to 20%19335.22%, see rank42.29%31.95%
20% to 30%17531.93%, see rank27.59%27.64%
30% to 40%10318.80%, see rank10.63%13.74%
40% or More5910.77%, see rank11.73%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Solon, IA
448 USD
Iowa
431 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsSolon, IA%IowaU.S.
$199 or Less00.00%, see rank5.58%7.76%
$200 to $29988.51%, see rank14.17%14.70%
$300 to $4995558.51%, see rank45.62%34.63%
$500 to $6992627.66%, see rank23.27%21.16%
$700 or More55.32%, see rank11.37%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Solon, IA
15.40% of the Total Income
Iowa
11.50% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Solon, IA%IowaU.S.
10% or Less3234.04%, see rank43.38%40.19%
10% to 20%2728.72%, see rank32.92%31.47%
20% to 30%1617.02%, see rank11.83%12.24%
30% to 40%88.51%, see rank4.69%5.64%
40% or More1111.70%, see rank6.38%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Solon, IAIowaU.S.
Total Housing Units891, 100%1,348,151132,741,033
1-unit, Detached655, 73.51%, see rank73.88%61.65%
1-unit, Attached41, 4.60%, see rank3.72%5.82%
2 Units16, 1.80%, see rank2.37%3.75%
3 or 4 Units61, 6.85%, see rank3.38%4.43%
5 to 9 Units57, 6.40%, see rank3.70%4.78%
10 or More Units61, 6.85%, see rank9.11%13.08%
Mobile Home, Boat, RV, Van, etc.0, 0.00%, see rank3.84%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Solon, IAIowaU.S.
Total Housing Units891, 100%1,348,151132,741,033
1 Room8, 0.90%, see rank1.15%1.95%
2 Rooms7, 0.79%, see rank2.07%2.48%
3 Rooms96, 10.77%, see rank7.28%9.13%
4 Rooms118, 13.24%, see rank14.50%16.60%
5 Rooms123, 13.80%, see rank18.57%20.41%
6 Rooms137, 15.38%, see rank17.20%18.06%
7 Rooms157, 17.62%, see rank13.83%12.27%
8 Rooms103, 11.56%, see rank10.61%8.48%
9 Rooms or More142, 15.94%, see rank14.79%10.60%
Median Rooms6.20, see rank5.905.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Solon, IAIowaU.S.
Total Housing Units891, 100%1,348,151132,741,033
No Bedroom11, 1.23%, see rank1.33%2.17%
1 Bedroom44, 4.94%, see rank9.36%11.16%
2 Bedrooms255, 28.62%, see rank28.37%26.69%
3 Bedrooms298, 33.45%, see rank38.82%39.70%
4 Bedrooms206, 23.12%, see rank17.31%16.05%
5 or More Bedrooms77, 8.64%, see rank4.82%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Solon, IAIowaU.S.
Total Housing Units852, 100%1,232,228116,211,092
Utility Gas677, 79.46%, see rank63.45%48.85%
Bottled, Tank, or LP Gas3, 0.35%, see rank13.26%4.86%
Electricity159, 18.66%, see rank19.45%36.68%
Fuel Oil, Kerosene, etc.0, 0.00%, see rank0.74%5.86%
Coal or Coke0, 0.00%, see rank0.01%0.12%
Wood4, 0.47%, see rank1.64%2.12%
Solar Energy0, 0.00%, see rank0.03%0.05%
Other Fuel9, 1.06%, see rank0.93%0.47%
No Fuel Used0, 0.00%, see rank0.49%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalSolon, IAIowaU.S.
Occupied Units Paying Rent202, 100%324,46939,201,928
$199 or Less0, 0.00%, see rank1.67%1.50%
$200 to $2990, 0.00%, see rank4.14%3.18%
$300 to $49926, 12.87%, see rank16.06%7.37%
$500 to $69935, 17.33%, see rank29.77%16.01%
$700 to $99997, 48.02%, see rank31.63%29.17%
$1,000 to $1,49944, 21.78%, see rank12.90%26.88%
$1,500 to $1,9990, 0.00%, see rank2.30%9.79%
$2,000 or More0, 0.00%, see rank1.53%6.10%
Median$765, see rank$689$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Solon, IAIowaU.S.
Occupied Housing Units852, 100%1,232,228116,211,092
No Vehicles Available31, 3.64%, see rank5.69%9.12%
1 Vehicles Available185, 21.71%, see rank30.25%33.80%
2 Vehicles Available443, 52.00%, see rank39.60%37.48%
3 or More Vehicles Available193, 22.65%, see rank24.45%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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