Solano County, CA Home Values & Market Trends
The median home price in Solano County, CA is $575,671.24. There were 4,219 home sales in Solano County, CA over the past 12 months. The median residential Solano County, CA home value for transactions over the previous year is $556,341.769. The number of current listings in Solano County, CA is 160, and the percentage of properties for sale is 160.00%. The county has 180 foreclosures, 28 bank owned properties, 64 headed for auction, and 160 properties for sale.
Solano County, CA Real Estate Market Overview
City | Median Est. Value | City | Median Est. Value |
---|---|---|---|
Fairfield | $ 505,500 $ 312/sqft | Benicia | $ 584,750 $ 478/sqft |
Vallejo | $ 493,250 $ 376/sqft | Dixon | $ 581,875 $ 333/sqft |
Vacaville | $ 646,250 $ 334/sqft | Birds Landing | $ -- $ -- |
Rio Vista | $ 499,841 $ 282/sqft | Travis Afb | $ -- $ -- |
Suisun City | $ 548,750 $ 371/sqft |
Housing Market Summary for Solano County, CA
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $562K | $565.1K | 0.55% |
Median Sold Price | $583.4K | $565.1K | -3.14% |
Homes For Sale | 106 | 159 | 50.00% |
Homes Sold | 3,819 | 3,569 | -6.55% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
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Browse Homes in Solano County, CA
Solano County, CA home values range from $40,458 to $4,063,510. Benicia is the priciest city with a median listing home price of $749,000, and Vallejo is most affordable with average house prices of around $499,000.
- Pre-ForeclosurePre-foreclosure homes account for 0.07% of all residential properties in Solano County, CA with Vallejo containing 32 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 9 cities within Solano County, CA; of those cities, the estimated home value for pre-foreclosure homes ranges from $895,000 in Benicia to the lowest home value of $221,750 in Vallejo.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Solano County, CA ranges from the highest value of $547,750 in Vacaville to the lowest value of $267,250 in Fairfield. Bank owned homes and properties account for 0.02% of properties in Solano County, CA. There are 9 cities within Solano County, CA; Vallejo containing 11 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsVallejo has 23 auction properties, the highest number of properties going to auction in a single city in the state of Solano County, CA. Auction homes and other auction properties account for 0.05% of all properties in Solano County, CA. There are 9 cities within Solano County, CA; of those cities, the median estimated home value for homes going to auction ranges from $769,250 in Benicia to the lowest value of $221,750 in Benicia.
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Guide for Solano County, CA
In the past year, California’s real estate market has seen a moderate rise in property values, reflecting enduring confidence despite some fluctuations, with particular note on per square foot value increases and transactional stability across the diverse county markets.
The Fremont, California real estate market experienced considerable fluctuation throughout 2023 and into 2024, with significant peaks and stabilization across various parameters.
Santa Ana’s real estate market thrives with fluctuating median property values and diverse submarkets. Recent trends indicate potential opportunities for investors with varied budgets despite market volatility, enhanced by Santa Ana’s comparatively low foreclosure rates and value-for-money square foot pricing.
The San Bernardino real estate market is experiencing stability and modest growth. Median property values are consistent, while foreclosures, pre-foreclosures, and auctions present unique investment opportunities due high avg values.