Do Homes with Solar Panels Sell Faster? Experts Weigh In

CHESTERFIELD, N.J. - March 20, 2025 - PRLog -- Recent studies highlight the growing impact of solar panel installations on home sales:

• Increased Home Value: A 2024 analysis by SolarReviews found that homes with solar panels sold for an average of 6.8% more than comparable non-solar homes, translating to an additional $25,381 for a median-valued home (solarreviews.com).
• Faster Sales: Data from Rocket Homes indicates that solar-equipped homes spent 13.3% less time on the market, making them more attractive to buyers (rismedia.com).
• Growth Over Time: A 2019 Zillow study reported a 4.1% premium for solar-powered homes, showing that the value of solar installations has grown significantly over the past few years. (Zillow (http://zillow.com/))

As homeowners seek to increase property value and energy efficiency, solar power has emerged as a strong selling point in real estate. With rising energy costs and a focus on sustainability, buyers are more interested in homes offering long-term savings and environmental benefits. But does having solar panels truly make a home sell faster and for more money? Experts weigh in on the impact of solar power in real estate transactions.

Efficiency and Performance Concerns

Mark Feygin, CEO of PowerSetter (https://www.powersetter.com/), explains that solar power works best under optimal conditions:

"Charging solar lights under electrical lights generally works, but it's far less effective than natural sunlight. Artificial light doesn't give the same intensity of UV rays needed to fully charge the battery, so it takes longer and yields weaker results."

Buyers often ask about solar panel efficiency in various conditions, and Mark adds:

"If you opt for using solar lights with indoor lighting, the charge may be enough for only a few hours of light. So even though it's possible, it's not as efficient, and the lights will perform best when charged outdoors in direct sun."

The Financial Benefits of Solar Panels

Michael Benoit, Founder of ContractorBond (https://www.contractorbond.org/), highlights how solar panels can influence home sale prices:

"Solar-powered homes are a popular purchase among buyers because of the immediate savings they provide, which has a direct correlation with the price of the house. A $20,000 solar home that produces $1,500 of savings annually in electricity could draw larger offers."

He further notes that maintenance logs and warranties can offer buyers peace of mind, making them more likely to make a competitive offer.

Long-Term Performance and Maintenance

Sergey Nikolin, President of Product Air Heating & Cooling, LLC (https://productairheating.com/), discusses the long-term performance of solar systems:

"Over time, their efficiency decreases due to battery degradation, resulting in dim, unreliable lighting. Sellers should provide clear information about the system's age, efficiency, and maintenance history to alleviate concerns and increase a home's appeal."

This is crucial for older solar systems needing upgrades.