Housing Prices in Solon Township, MI

How much do homes in Solon Township, MI cost?

Median List Price

$400,000

$233/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

-$900,000(-69.2%)

Key Takeaway

The list price of homes in Solon Township has decreased by 69.2% since last year.

Summary: The median home list price in Solon Township was $400,000 in March 2024, down 69.2% from the previous year, and the median price per square foot was $233.

Median List Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$261.9K
N/A
2 -$639K
N/A
3 $1.3M$379.9K
-71.9%
4 $395K$699.9K
+77.2%
5+ $1.3M$799K
-38.5%

Summary: Solon Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 71.9%, 4 bedroom homes increased by 77.2%, and 5+ bedroom homes decreased by 38.5%.

Median List Price Compared To Nearby Cities

Cedar
-3.4%
Elmwood Charter Township
-13.2%
Solon Township
-69.2%

Housing Supply in Solon Township, MI

How many homes are available in Solon Township, MI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
13+200.0%

Summary: The Solon Township real estate market had 3 homes for sale in March 2024, a 200.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 01
+100.0%
4 11
0.0%
5+ 01
+100.0%

Summary: The Solon Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Days on Market for Solon Township, MI

How long does it take to sell a home in Solon Township, MI?

Average Listing Age

Mar 2023Mar 2024CHANGE
61 Days31 Days-48.1%

Summary: Homes in Solon Township had an average listing age of 31 days in Mar 2024, down by 48.1% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 24 Days Ago

Newest Listings in Solon Township, MI

Nearby Markets to Solon Township, MI

What housing markets are near Solon Township, MI?