Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

South Solon

Learn about the people, housing, costs and businesses in South Solon, Ohio

Median Home$213,800
Median Rent$1,082/month
Population338
Leading IndustriesFinance & Insurance · Information & Media · Construction11% finance & insurance
Home Value Growth⬆⬆⬆+36.5% over 2 years
Family-Friendly22% of residents
Homeowners76% of occupied units
NotableHigh Incomes$95k/year · top 21% nationally
South Solon
OH

Frequently Asked Questions

What are today's mortgage rates in South Solon?

As of today, the 30-year fixed mortgage rate for South Solon is approximately 6.966% (7.008% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for South Solon
What is the median home price in South Solon?

The median home value in South Solon is $214k. The median monthly rent is $1,082. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in South Solon?

Home values in South Solon have increased 36.5% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in South Solon?

Based on a typical all-in ownership cost of $995/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $43k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in South Solon is $95k/year.

Calculate your buying power
What industries drive the economy in South Solon?

The largest employment sectors in South Solon are retail (14%) and healthcare (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.