Is Solon, ME 04979 a buyer’s or seller’s market?
Solon is a balanced market. With about 5.1 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Solon housing market right now
In the three months ending August 31, 2026, 0% of homes in Solon, ME 04979 sold above their list price, the typical home went under contract in 9 days and there were 5.1 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 5 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 25%, homes sold faster (46 days then) and the median sale price fell 39% to $157,932. Overall, Solon is less competitive than a year ago, which gives buyers more room.
Within Somerset County, homes here sell faster, and less often over asking, than in any other ZIP code in the county.
Nearby, Athens 04912 (75% sold over asking) and Saint Albans 04971 (43% sold over asking) are even more competitive.
Run the numbers for 04979
Nearby markets
Anson 04911Balanced $211 /sq ftAthens 04912Balanced $235 /sq ftBingham 04920Buyer’s market $138 /sq ftCambridge 04923Seller’s market $71 /sq ft Browse all markets →Where Solon is
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Questions about Solon real estate
Is Solon a buyer’s or seller’s market?
A balanced market: there were 5.1 months of supply in Solon, ME 04979 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Solon?
The typical home went under contract in 9 days in the latest three months.
Do homes in Solon sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 98.3% of the list price.
What are property taxes in Solon?
About 1.08% of a home’s value a year in Somerset County, or roughly $4,320 on a $400,000 home.
What is the median home price in Solon?
The median sale price was $157,932 in the three months ending August 31, 2026, about $97 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology