The exquisite residential towns of Solon and Swisher rest near Lake McBride and serve as a corridor between the Cedar Rapids and Iowa City metropolitan areas. These two Iowa bedroom communities boast ample employment opportunities, diverse recreational amenities, outstanding schools and an affordable housing market in addition to a prime location. Approximately 13,500 people now call Solon and Swisher home. The towns' populations are growing consistently and lovely new residential properties continue to spring up in attractive, family-oriented neighborhoods. With a reliable transportation network guiding traffic in and out of the area, access to waterways, lakes and parklands and a bustling economy primed for growth, it is plain to see why Solon and Swisher continue to attract new residents. Recreational facilities range from open spaces and multi-use fields to the wide range of activities available at Lake McBride State Park and the Coralville Reservoir. Youth and senior programs provide the towns' diverse populations with plenty of opportunities for socialization. Incredible residential opportunities await the anxious homebuyer not only in Solon and Swisher, but also in smaller surrounding Iowa cities such as Fairfax, Atkins and Palo. These Iowa communities are experiencing tremendous growth while still preserving their rural atmospheres and small-town lifestyles. And of course, the excitement and entertainment of Cedar Rapids and Iowa City are just a short drive away.
Real Estate Market Summary - Prices of Solon Homes for Sale
The real estate markets of these residential areas are diverse. Housing options abound in Solon and Swisher, with newly designed properties sprouting up everywhere on the region's gently rolling terrain and wooded hillsides. These new Iowa homes are constructed on large lots, providing homebuyers with plenty of land to be creative in landscaping their yards. Single-family detached homes greatly outnumber townhouses and condominiums in the area. A limited number of condominiums and townhouses are available, ranging in price from just under $100,000 to $300,000 and more depending on size, location and structure. Two-or three-bedroom homes range in price from $150,000 to $500,000 while prices for large estate properties in Iowa can exceed $1 million. Some homes feature water frontage or water views, and some are located on substantial acreage. A few historic properties are also available, as is plenty of land for custom building.
Solon Real Estate Stats and Trends for the week of August 15th, 2016: homes priced around $326,269 compared to $327,583 the previous week, for a slight decrease of less than -1%. For Sunday, August 28th, the current national mortgage rate for a 30 year fixed mortgage is 3.40%; the 15 year fixed rate is at 2.67%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 3.80%, while the 15 year jumbo rate currently is at 3.49%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in Solon IA. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Solon to help you find the best home!