Market Overview
Home Prices in Solon, ME
The median home value in Solon, ME is $222,544 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.7% compared to a year ago and up 7.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Solon are priced46% below average.
Over the past five years, Solon home values have risen by approximately48.0%, reflecting strong long-term appreciation in this market.
Price History
Solon Home Price Trend
2020
$110,429
$110K
—
2021
$150,348
$150K
+36.1%
2022
$177,598
$178K
+18.1%
2023
$184,432
$184K
+3.8%
2024
$196,133
$196K
+6.3%
2025
$210,616
$211K
+7.4%
2026
$222,544
$223K
+5.7%
City Comparison
Solon vs. National Median
🏠 Solon
$222,544
National Median
$410,000
At $222,544, homes in Solon cost 46% below the national median of $410,000. This makes Solon a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Solon?
20% Down Payment
$44,509
on $222,544
Monthly P&I
$1,161/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,474/mo
incl. taxes & insurance
Income Needed
$58,960
gross annual (30% rule)
10% Down Option
$22,254
+ PMI applies
Loan Amount (20% dn)
$178,035
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Solon, ME?
The median home value in Solon is $222,544 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.7% year-over-year.
How much have home prices changed in Solon?
Over the past year, home values in Solon have increased by 5.7%. Over five years, prices have risen approximately 48.0%.
How much do I need to earn to buy a home in Solon?
To comfortably afford the median home price of $222,544 with a 20% down payment ($44,509) at today's rates (6.8%), you'd need a gross annual income of approximately $58,960. This assumes keeping total housing costs at or below 30% of gross income.
How does Solon compare to the national average home price?
The national median home value is approximately $410,000. At $222,544, homes in Solon are 46% below the national average.