Much like its surrounding areas, it's significantly more expensive compared to the rest of the country. Even when compared to the city of Bakersfield, it's a lot more expensive.
Home prices
The cost of the median home in Solvang is $729,200. This is is very similar in comparison to nearby areas.It is approximately $511,700 (235%) higher compared to the nation as a whole, and compared to the city of Bakersfield it is roughly $482,200 (195%) higher.
Rents
In Solvang the median monthly rent is $1,531. Compared to the surrounding areas it is about $159 (9%) lower.In comparison to the country as a whole it is approximately $469 (44%) higher, and compared to the city of Bakersfield it is roughly $427 (38%) higher.
Nearby places
Santa Ynez
Santa Ynez is Solvang's neighbor to the northeast. Real estate prices there are a bit more expensive. Santa Ynez's median home price is $854,300, which is $125,100 (14%) higher than Solvang. Its rents are a bit less expensive. The median rent in Santa Ynez is $1,425 per month, which is $106 (7%) lower than Solvang.
Buellton
Buellton is approximately 3 miles northwest from Solvang. The housing prices there are significantly less expensive. The median home in Buellton costs $522,900, which comes out to $206,300 (39%) lower than Solvang. Its rents are a bit more expensive. Buellton's median monthly rent is $1,760, which comes out to $229 (13%) higher than Solvang.
Ballard
Ballard is roughly 3 miles northeast of Solvang. The housing prices there are somewhat more expensive. Ballard's median home cost is $914,800, which works out to $185,600 (20%) higher than Solvang. Its rents are pretty similar. The median rent in Ballard is $1,583 per month, which comes out to $52 (3%) higher than Solvang.
Los Olivos
Los Olivos is approximately 5 miles north of Solvang. The housing prices there are a little more expensive. Los Olivos's median home cost is $882,600, which works out to $153,400 (17%) higher than Solvang. The rent there is somewhat more expensive. Los Olivos's median monthly rent is $2,015, which works out to $484 (24%) higher than Solvang.
Los Alamos
Los Alamos is approximately 12 miles northwest from Solvang. The housing prices there are significantly less expensive. The median home in Los Alamos costs $450,000, which works out to $279,200 (62%) lower than Solvang. Rents there are a bit more expensive. Los Alamos's median monthly rent is $1,669, which works out to $138 (8%) higher than Solvang.
