Browse listings and recent housing market trends.
Folsom, California is a suburban city located in the Sacramento metropolitan area with a population of around 72,000. The real estate market in Folsom is known for its diverse housing options, including single-family homes, apartments, and townhouses.
The median home value in Folsom is around $732,000, with a strong demand for housing due to the city's reputation for good schools, safe neighborhoods, and quality of life.
There has been a trend of home price appreciation in recent years, with a stable housing market and low unemployment rate contributing to the demand for real estate in the area.
In 2022, the median selling price of Folsom homes is approximately $732,000. The average number of days on the market is 21.
$732,000
21
Highly competitive. Most homes sell for around the original list price. Multiple offers are sometimes made.
Folsom, CA can be considered a good place to invest in property due to several factors:
Growing population: The city's population has been steadily growing, which can lead to an increased demand for housing and higher rental prices.
Strong job market: The low unemployment rate and proximity to the state capital, Sacramento, provide a stable job market that can help attract renters and buyers to the area.
Appreciation potential: Home values in Folsom have appreciated in recent years, indicating that the market has been strong and has potential for continued growth.
Quality of life: Folsom is known for its good schools, safe neighborhoods, and outdoor recreational opportunities, which can attract renters and buyers.
However, it's important to keep in mind that real estate investments always come with risks and to thoroughly research the market and seek professional advice before making a decision.
