Solon, IA Real Estate

According to census data in the year 2000 there were 494 housing units in Solon. This represents a 22.9% growth from 402 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 494 were located in what is classified as a rural area.

Homeownership rate in Solon is about 78.4%. Solon's vacancy rate, including seasonal lodging, is about 7.1%. Average household size is 2.41 people.

The majority of houses, apartments or condos in Solon were built after 1968.


Housing Size

Housing Units by Size
Studio Type0.20%
One Bedroom7.70%
Two Bedrooms29.60%
Three Bedrooms42.30%
Four Bedrooms17.40%
Five Bedrooms or more2.80%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.47
Median year structure was built1967
Median Value of occupied units$114,500
Median Price asked for vacant units$125,000

Rented Homes, Apartments and Condos

Average Household Size2.18
Median year structure was built1968
Median Monthly Rent asked for vacant units$613

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.60%
Second Mortgage11%
Home Equity Loan18.10%
Simple Mortgage41.30%
Debt Free29%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs20.5%