Solon Springs, WI—54873
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Solon Springs, WI
As of Oct '25, the median home price in Solon Springs, WI is $282,000, with a year-over-year change of 6.2%. This indicates that home prices in Solon Springs, WI are increasing. According to Zillow, the 1-year price projection is 2.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $282,000 | 6.2% |
| Single Family | $282,000 | 6.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $254,000 | 4.1% |
3 Bed | $329,000 | 2.2% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Solon Springs, WI
Solon Springs, WI lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Solon Springs, WI
As of Oct '25, Realtor.com reports that the median days on market for a home in Solon Springs, WI is 51. This is a increase of 33.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 28.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $339,000 | -3.0% |
Listing Count | 29 | 34.0% |
| Listings as % of Homes | 0.2% | 34.0% |
Days on Market | 51 | 33.0% |
Demographics — Solon Springs, WI
As of the latest ACS Survey released in 2023, Solon Springs, WI has a population of 3,240, which has increased by 15.0% over the past 5 years. Solon Springs, WI is a less popular place for families, as children make up 12.5% of the population. The area has a moderately educated workforce, with 29.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,240 | 15.0% |
% Under 18 | 12.5% | -10.7% |
% Seniors | 30.2% | -8.8% |
% WFH | 14.9% | 181.1% |
% w/ College Degree | 29.4% | 5.0% |
As of the latest ACS Survey released in 2023, Solon Springs, WI is a predominantly white area, with 93.7% of the population identifying as white. The white population has shrunk by 0.8% in the last 5 years. The second most common race or ethnicity in Solon Springs, WI is hispanic, making up 1.0% of the population. Foreign-born residents account for 1.5% of the population in Solon Springs, WI, and this percentage has decreased by 6.2% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 93.7% | -0.8% |
% Black | 0.3% | -25.0% |
% Hispanic | 1.0% | 42.9% |
% Asian | 0.5% | 0.0% |
% Foreign Born | 1.5% | -6.2% |
Mortgage and Risk — Solon Springs, WI
According to HUD data as of 2023, there were 181 mortgage originations in Solon Springs, WI, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Solon Springs, WI. Investor activity is low, as 4.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 181 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 4.0% |
% Second Loans | 20.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Solon Springs, WI
Solon Springs, WI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 0.8% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $790 |
| 2 Bedroom | N/A | N/A | $1,010 |
| 3 Bedroom | N/A | N/A | $1,340 |
| 4 Bedroom | N/A | N/A | $1,710 |
Affordability — Solon Springs, WI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $282,000 |
| Median Household Income | $85,900 |