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Housing in Solon

78 homes sold in Solon in the last year, at a typical $432K

About one sale in 4 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Solon homes are listed.

Homes sold
78
June 2025 to May 2026
Typical sale price
$432K
houses $481K · condos $313K
Price per square foot
$185
Iowa $159
Paid vs. asking
98.6%
24% sold over asking
For sale now
38
May 2026 · 13 sold that month
What sold · last 12 months

A quarter of Solon’s sales are condos, at $168K less than a house

58 houses and 19 condos sold in the year to May 2026. Houses sell faster.

Houses$481K

typical sale · 58 sold in 12 months

Per square foot
$193IA $158
Days to sell
63
Sold over asking
24%
Listings with a price cut
17%
Condos$313K

typical sale · 19 sold in 12 months

Per square foot
$156IA $165
Days to sell
95
Sold over asking
26%
Listings with a price cut
21%
Fewer sales

Multi-family (2–4 units): 1 sold, typical $207K

Too few sales in 12 months for reliable figures.

12 years of sales

More homes sell than most years, at 1.9 times the 2016 price

78 sales in the last year, against 84 in 2021 and a low of 41 in 2016. The typical sale went from $228K in 2016 to $432K.

Homes soldTypical sale price
0255075100$200K$300K$400K$500K2014: 50 sold, typical $191K’142015: 55 sold, typical $204K2016: 41 sold, typical $228K’162017: 57 sold, typical $222K2018: 50 sold, typical $243K’182019: 53 sold, typical $267K2020: 75 sold, typical $286K’202021: 84 sold, typical $310K2022: 70 sold, typical $346K’222023: 73 sold, typical $341K2024: 73 sold, typical $366K’242025: 70 sold, typical $447KLast 12 months: 78 sold, typical $432KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $450K buys in Solon

Houseat $193 a sq ft
Condoat $156 a sq ft
The same money in Iowaat $158 a sq ft

Is this asking price fair?

Check a listing against what Solon homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 12 years of sales

Bidding wars in Solon are back to pre-pandemic levels, and more homes are for sale

We read every month of Solon’s home sales since 2014 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 78 sales.

If you’re buying in Solon

  • Shop in March. It brings about 8 new listings a month, close to the busiest month, with fewer bidding wars (24% over asking).
  • Bid near asking. Buyers paid 98.6% of the list price on average; 24% paid over.
  • You’ll usually have time. Only 34% of homes go under contract within two weeks; the typical one takes 71 days.
Best time to buy

Spring brings both the most homes and the most bidding wars

April has the most new listings (about 9 a month), and the most competition: 33% close over asking. March offers nearly as much choice with fewer homes bid up (24%). January has the least competition (11%) but only about 5 new listings.

New listings a monthShare sold over asking
02.557.51013%27%40%Sweet spotJan: 5 new listings a month, 11% sold over asking, 262 days to sellJFeb: 5 new listings a month, 15% sold over asking, 184 days to sellFMar: 8 new listings a month, 24% sold over asking, 427 days to sellMApr: 9 new listings a month, 33% sold over asking, 152 days to sellAMay: 7 new listings a month, 32% sold over asking, 118 days to sellMJun: 6 new listings a month, 29% sold over asking, 131 days to sellJJul: 6 new listings a month, 26% sold over asking, 116 days to sellJAug: 6 new listings a month, 22% sold over asking, 100 days to sellASep: 6 new listings a month, 27% sold over asking, 88 days to sellSOct: 4 new listings a month, 26% sold over asking, 74 days to sellONov: 5 new listings a month, 25% sold over asking, 129 days to sellNDec: 4 new listings a month, 24% sold over asking, 87 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like Iowa as a whole

Solon now2017–192021 peakIA now
Sold over askingShare of sales that closed above the list price24%27%37%22%
Gone within two weeksShare of homes under contract within 14 days34%6%6%36%
Listings with a price cutShare of homes for sale that cut their price12%——27%
Price paid vs. askingAverage sale price ÷ list price98.6%98.9%100%97.7%
Days to sellMedian days from listing to contract7117013145
Supply

34 homes for sale on a typical day

That’s twice the 2016 low (16), 59% more than in 2017–19 and well under 2014’s 48.

2014: 48 for sale’142015: 23 for sale2016: 16 for sale2017: 22 for sale’172018: 19 for sale2019: 23 for sale2020: 34 for sale’202021: 26 for sale2022: 18 for sale2023: 30 for sale’232024: 28 for sale2025: 31 for saleLast 12 months: 34 for saleNow
Room to negotiate

1 in 9 listings has cut its price

12% in the last year, against — in 2017–19 and 27% across Iowa.

2022: 14%’222023: 10%2024: 16%2025: 14%’25Last 12 months: 12%Now
Prices by type

Since 2019, houses are up 57%, condos 45%

A house typically sold for $481K in the last year (58 sales), a condo for $313K (19).

$150K$300K$450K$600K2013201520172019202120232025NowHouses 2013: $252K, 5 salesHouses 2014: $232K, 31 salesHouses 2015: $252K, 39 salesHouses 2016: $243K, 37 salesHouses 2017: $258K, 45 salesHouses 2018: $261K, 35 salesHouses 2019: $307K, 36 salesHouses 2020: $354K, 52 salesHouses 2021: $391K, 50 salesHouses 2022: $404K, 54 salesHouses 2023: $403K, 53 salesHouses 2024: $428K, 50 salesHouses 2025: $513K, 55 salesHouses last 12 months: $481K, 58 salesHouses $481KCondos 2014: $140K, 19 salesCondos 2015: $137K, 16 salesCondos 2016: $105K, 4 salesCondos 2017: $134K, 12 salesCondos 2018: $198K, 15 salesCondos 2019: $216K, 17 salesCondos 2020: $196K, 23 salesCondos 2021: $190K, 34 salesCondos 2022: $206K, 16 salesCondos 2023: $261K, 20 salesCondos 2024: $266K, 22 salesCondos 2025: $319K, 14 salesCondos last 12 months: $313K, 19 salesCondos $313K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Iowa

Solon ranks 22nd of 64 busy Iowa markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Solon is in the middle of the pack.

Source: Redfin Data Center, city market tracker, January 2014 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Solon home costs about $2,765 a month

Mortgage
Property tax
Insurance
Rent

Price: Solon’s typical sale, last 12 months. Property tax at Solon’s 1.4% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Solon is affordable on local pay is on Cost of living.

Before you buy in Solon

Six things worth knowing

9

New listings in April

The month with the most choice. December has the fewest, about 4.

Best time to buy
1.4%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $432K home, about $6,130 a year.

Taxes vs. neighbors
A+

Schools

The schools grade for Solon, from test results, graduation and how much students grow.

Schools in Solon
20 min

Typical commute

The average one-way trip to work for people who live in Solon.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Ely, North Liberty, Mount Vernon, Coralville, Lisbon and Iowa City sell for less a square foot

The busier markets within 25 miles of Solon, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Iowa City937$318K$17422%55
North Liberty450$330K$16720%51
Coralville387$329K$17219%63
Solon78$432K$18524%71
Mount Vernon60$339K$16327%56
Ely39$366K$16628%105
Lisbon27$303K$14933%40

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Solon, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Solon. People who follow the town see it, and so do people comparing Solon with their own town. No commission, no listing fee.

Questions about buying a home in Solon

What do homes sell for in Solon, IA?

78 homes sold in the year to May 2026 at a typical $432K, $185 a square foot. Houses sold for about $481K, condos for about $313K.

Is Solon a buyer’s or seller’s market?

A seller’s market: 38 homes were for sale in May 2026 and 13 sold, about 2.9 months of supply. Buyers paid 98.6% of asking on average, and 12% of listings cut their price.

When is the best time to buy in Solon?

April brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Solon?

About 1.4% of a home’s value a year. On a $432K home that’s near $6,130.

Where can I see homes for sale in Solon?

Zillow, Redfin, Realtor.com and Homes.com all carry Solon’s MLS listings; the search links above open each one filtered to Solon.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).