Commercial Real Estate Market in Solon, IA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
96 active listings and 175 off-market properties in Solon, IA.
Market Trends
Solon, IA spans 85.6 square miles in Johnson County, Iowa. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Solon, IA runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Solon, IA runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Solon, IA runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily vacancy in Solon, IA runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Civic 68.4%
- Residential 21.3%
- Commercial 7.7%
- Industrial 2.6%
Largest Zones share of zoned land by district
Residential
Agriculture
Residential
General Commercial
Residential
General Commercial (C-G)
ND DISTRICTS ESTABLISHED. The City is divided into nine districts, designated as follows: 1. A-1 Agricultural. 2. R-1 Residential. 3. R-2 Residential. 4. R-3 Residential. 5. R-4 Residential. 6. C-R Retail Commercial. 7. C-G General Commercial. 8. C-H Highway Commercial. 9. I-L Light Industrial. The locations and boundaries of these districts are shown on the…
Market overview
Demographics & Economy
Solon, IA has 7,312 residents in 2,949 households. Density runs 85 people per square mile. Median household income here is $113,917 and median gross rent $1,202 a month.
7,312
Population
2,949
Households
2.5
Avg Household Size
43
Median Age
43%
College-Educated
98%
High-School Grad
85.6 sq mi
ZIP Area
85
Density / Sq Mi
$113,917
Median Household Income
$48,555
Median Earnings
$1,202
Median Rent
$347,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Twin View Heights | — | — |
| Sutliff | — | — |
| Ely | — | — |
| North Liberty | — | $15.74 |
Commercial property in Solon, IA asks $1,882/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Solon?
Commercial property in Solon, IA asks an average of $1,882 per square foot. The 3 most recent recorded sales traded at a median of $411/SF, so asking sits 358% above the achieved median.
Where does Realmo's Solon market data come from?
Realmo compiles Solon, IA figures from 3 recent recorded sales, 95 active sale listings, 1 active lease listings, 175 tracked off-market properties, the current Solon zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 95 active for-sale and 1 active for-lease listings in Solon, IA. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 894 zoned acres across 9 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level, industrial vacancy is reported at Midwest region level and asking prices run materially above recent closed pricing.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
