Solon, ME Foreclosures
How much do homes sell for in Solon, ME?
The average home price is currently $227,106.
In Solon, ME, how many homes are available?
There are currently 2 active home listings available in Solon.
What’s the average rental cost in Solon, ME?
The average rental price in Solon is $874.
What is the most expensive home in Solon?
The most expensive home sold in Solon had a price of $1,544,100.
What is currently the cheapest priced home in Solon, ME?
The cheapest home for sale in Solon is priced at $50,796.
Living in Solon, ME
Nestled in the heart of Somerset County, Solon, Maine offers a peaceful and picturesque backdrop for families and outdoor enthusiasts alike. Known for its small-town charm, Solon provides easy access to stunning natural scenery, including lakes and rivers perfect for fishing, kayaking, and hiking. With a strong sense of community, Solon is an ideal location for those looking to escape the hustle of urban living.
Current Market Conditions in Solon, ME
The current real estate market in Solon is reflecting a steady demand for homes, with an increase in interest from families looking to relocate to more rural lifestyles. As of recent months, listings have seen a slight uptick in prices, suggesting an appreciating market, albeit remains affordable compared to larger urban areas. Buyers are particularly drawn to outdoor properties with waterfront access and scenic views, indicative of changing home preferences in post-pandemic America.
Inventory levels are relatively low, leading to competitive bidding on desirable properties, especially those in good condition or with unique features like land and views. This trend showcases Solon's appeal not only to families but also to retirees and second-home buyers looking for vacation spots.
Home Value Estimator For Solon, ME
There are currently 394 real estate properties
in Solon, ME,
with a median automated valuation model (AVM) price
of $201,568.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Solon, ME, 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 Solon, ME,
is $227,106.00, with the most expensive house
in Solon, ME, topping out
at $1,544,100.00 and the cheapest home
in Solon, ME,
clocking in at $50,796.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Solon, ME!
Rent Prices
In Solon, ME
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Solon, ME, is on
a rollercoaster ride. The
average rent price in Solon, ME,
is $874.00. Indeed, when looking to rent in
Solon, ME, you can expect to pay as little
as $650.00 or as much
as $1,350.00,
with the average rent median estimated to
be $860.00. The good news is that finding
an affordable and desirable property to rent in Solon, ME
-- 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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