Living in Solomon, AZ
Solomon, AZ, offers a delightful small-town atmosphere with access to stunning outdoor landscapes and community events. Known for its affordability and accessibility to nearby cities, it provides a perfect balance of rural living with modern conveniences. A welcoming community awaits new residents, making it an excellent place for families and individuals.
Current Market Conditions in Solomon, AZ
The real estate market in Solomon is currently characterized by an affordable pricing trend, making it a fantastic opportunity for investors targeting budget-conscious buyers. Homes in the area are reasonably priced compared to larger urban centers, which attracts potential homeowners looking for value in their investments.
Additionally, the area has seen a gradual increase in demand over the past year, indicating a growing interest in Solomon as a desirable place to live. This suggests positive future trends for property value appreciation, especially as more people discover the charm and community spirit that Solomon has to offer.
Home Value Estimator For Solomon, AZ
There are currently 51 real estate properties
in Solomon, AZ,
with a median automated valuation model (AVM) price
of $164,760.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Solomon, AZ, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Solomon, AZ,
is $162,805.00, with the most expensive house
in Solomon, AZ, topping out
at $280,674.00 and the cheapest home
in Solomon, AZ,
clocking in at $56,881.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Solomon, AZ!
Rent Prices
In Solomon, AZ
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Solomon, AZ, is on
a rollercoaster ride. The
average rent price in Solomon, AZ,
is $925.00. Indeed, when looking to rent in
Solomon, AZ, you can expect to pay as little
as $580.00 or as much
as $1,070.00,
with the average rent median estimated to
be $860.00. The good news is that finding
an affordable and desirable property to rent in Solomon, AZ
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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