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Featured local agent — Solway, MN
Sarah Mitchell
Compass Real Estate · Solway, MN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Solway, MN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$335,000median sale price
How is the Solway, MN housing market right now?
The median home sale price in Solway, MN is $335,000. Homes sell in an average of 105 days. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of April 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Solway a buyer's or seller's market?
Solway, MN is currently a leaning buyer's and homes selling in about 105 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
105
Average pace
Active listings
—
Sale-to-list
98.5%
Below asking
What does the Solway housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $335,000 |
| Average days on market | 105 days |
| Sale-to-list price ratio | 98.5% |
| Median price per sq ft | $97/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Solway by property type?
How the Solway, MN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $335,000 | $97/sq ft | 1 | 105 days |
Source: Redfin · Updated monthly
The Solway housing market is currently classified as a leaning buyer's with a median sale price of $335,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 105 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 2.2x provides context for how home values compare to local earning capacity.
Homes for sale in Solway
Explore homes currently listed for sale in Solway, Minnesota across major real estate platforms.
Who lives in Solway?
Population
116
Median income
$118,750/yr
Median age
25.8 years
Owner-occupied
90.2%
College grads
36.6%
Avg commute
15.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Solway?
Zillow home value
$255,872
Price-to-income
2.2x
Source: Zillow Research
What is it like to live in Solway?
Solway is a community of approximately 0K residents with a median age of 25.8 years.The median household income is $118,750, which reflects a relatively affluent area with strong earning potential. 36.6% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 90.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 15.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Solway offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Solway?
1 schools tracked · 146 students
The largest public schools serving Solway, MN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
SOLWAY ELEMENTARY
Grades PK-3 · 146 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Solway, MN?
Want a head-to-head view? Compare Solway side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Solway?
The median home sale price in Solway is $335,000, down 0.0% from last year.
How long do homes stay on market in Solway?
Homes typically spend 105 days on market before going under contract.
What is the median income in Solway?
The median household income is $118,750 per year.
What is the Zillow home value estimate for Solway?
The Zillow Home Value Index (ZHVI) for Solway is $255,872, representing the typical home value in the area.
How much does a single-family home cost in Solway?
The median single-family home price in Solway, MN is $335,000 (about $97 per square foot).
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