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Sarah Mitchell

CNESRESABR

Compass Real Estate · Solon, OH

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Solon, OH(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Solon, OH Housing Market & Real Estate

Seller's market+17.6% YoY

Housing market overview · Updated monthly ·

$500,000median sale price

How is the Solon, OH housing market right now?

The median home sale price in Solon, OH is $500,000, up 17.6% year-over-year. Homes sell in an average of 37 days with 49 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Solon a buyer's or seller's market?

Seller's market2.9 months of supply37 avg. days on market

Solon, OH is currently a seller's market, based on 2.9 months of supply and homes selling in about 37 days. How we determine this →

Homes sold

17

Last 12 weeks

Days on market

37

Average pace

Active listings

49

2.9 months supply

Sale-to-list

102.2%

Above asking

What does the Solon housing market data show?

Current housing market statistics for Solon, OH
MetricValue
Median sale price$500,000
Median list price$494,450
Year-over-year price change+17.6%
Average days on market37 days
Active inventory49 listings
Months of supply2.9 months
Sale-to-list price ratio102.2%
Median price per sq ft$218/sq ft
Homes sold (latest month)17
New listings (latest month)38
Listings with a price cut18.4%
Market conditionSeller's market

Source: Redfin · Updated monthly

How much do homes cost in Solon by property type?

How the Solon, OH market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Solon, OH
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$507,500$220/sq ft1639 days
Condo / Co-op$255,000$191/sq ft137 days

Source: Redfin · Updated monthly

The Solon housing market is currently classified as a seller's market with a median sale price of $500,000. Prices have risen 17.6% compared to last year, with homes spending an average of 37 days on market, indicating 2.9 months of inventory.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 3.5x provides context for how home values compare to local earning capacity.

Homes for sale in Solon

There are currently 49 homes listed for sale in Solon, Ohio. The median listing price is $494K.

Active listings

49

Homes on market

Median list price

$494K

Avg. days on market

37

Days until sale

New this week

38

Newly listed

Price drops:18.4%of listings
Sale-to-list:102.2%

Who lives in Solon?

Population

23,970

Median income

$135,180/yr

Median age

44.5 years

Owner-occupied

84.8%

College grads

63.1%

Avg commute

23.9 min

Source: U.S. Census Bureau ACS

What are homes worth in Solon?

Zillow home value

$472,037

Zillow rent index

$2,743/mo

Price-to-rent ratio

14.3x

Price-to-income

3.5x

Source: Zillow Research

What is it like to live in Solon?

Solon is a community of approximately 24K residents with a median age of 44.5 years.The median household income is $135,180, which reflects a relatively affluent area with strong earning potential. 63.1% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 84.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 23.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Solon offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Solon?

8 schools tracked · 4,660 students

The largest public schools serving Solon, OH 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.

Solon High School

Grades 9-12 · 1,490 students

Public

Solon Middle School

Grades 7-8 · 764 students

Public

Orchard Middle School

Grades 5-6 · 699 students

Public

Dorothy E Lewis Elementary School

Grades K-4 · 527 students

Public

Parkside Elementary School

Grades K-4 · 514 students

Public

Grace L Roxbury Elementary School

Grades K-4 · 496 students

Public

Joseph V. Regano Early Learning Center

Grades PK · 101 students

Public

Solon Academy

Grades K-2 · 69 students

Charter

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 Solon, OH?

Want a head-to-head view? Compare Solon side-by-side with any other U.S. city using our market-comparison tool.

Is Solon a good real estate investment market?

For investors evaluating Solon, the price-to-rent ratio of 14.3x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 17.6% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Solon's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Solon's median home price.

Frequently asked questions

What is the average home price in Solon?

The median home sale price in Solon is $500,000, up 17.6% from last year.

How long do homes stay on market in Solon?

Homes typically spend 37 days on market before going under contract.

What is the median income in Solon?

The median household income is $135,180 per year.

Is Solon a buyer's or seller's market?

With 2.9 months of supply, Solon is currently a seller's market.

What is the Zillow home value estimate for Solon?

The Zillow Home Value Index (ZHVI) for Solon is $472,037, representing the typical home value in the area.

What is the median condo price in Solon?

The median condo/co-op sale price in Solon, OH is $255,000, compared to $507,500 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Solon?

The median single-family home price in Solon, OH is $507,500 (about $220 per square foot).

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