Solon Mills, IL housing market
The median sale price was $100,000 in February 2026.
Home values, sales, trends and how Solon Mills compares with the towns next door — updated as new data is published.
Solon Mills at a glance
Only 1 sale in February 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Home prices up 51% in 5 years
The federal house price index for the ZIP code around Solon Mills rose 51% over the past 5 years, faster than across Illinois (47%). Last year prices rose 10%.
Show as a table
| Year | Change that year | Since 2000 | Illinois since 2000 |
|---|---|---|---|
| 2025 | +10% | +79% | +96% |
| 2024 | −0.1% | +62% | +85% |
| 2023 | +3.5% | +62% | +73% |
| 2022 | +22% | +57% | +61% |
| 2021 | +8.7% | +28% | +44% |
| 2020 | +6.8% | +18% | +33% |
| 2019 | −3% | +11% | +32% |
| 2018 | +5.3% | +14% | +28% |
| 2017 | +6.7% | +8.3% | +25% |
| 2016 | +7.7% | +1.5% | +22% |
| 2015 | +0.3% | −5.7% | +19% |
| 2014 | +3.5% | −6% | +15% |
| 2013 | +3.9% | −9.2% | +11% |
| 2012 | −12% | −13% | +11% |
| 2011 | −8.8% | −0.4% | +14% |
| 2010 | −7.6% | +9.2% | +21% |
| 2009 | −12% | +18% | +29% |
| 2008 | −1.6% | +35% | +40% |
| 2007 | −0.1% | +37% | +45% |
| 2006 | +7.3% | +37% | +43% |
| 2005 | +4.8% | +28% | +35% |
| 2004 | +10% | +22% | +24% |
| 2003 | +3% | +11% | +15% |
| 2002 | +3.9% | +7.8% | +11% |
| 2001 | +3.7% | +3.7% | +5.6% |
| 2000 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP code 60071, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost.
Solon Mills and its neighbors
| Town | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|
| Solon Mills | +10.4%† | $1,480 | — | — |
| Richmond | +10.4%† | $1,480 | 8 | $73,029 |
† FHFA price index change, where Zillow has no home value for the town.
A two-bedroom rents for about $1,480
HUD's Fair Market Rent for a two-bedroom in Solon Mills is $1,480 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $1,230 · 4 bedrooms $2,200
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (60071; Chicago-Joliet-Naperville, IL HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, February 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.