Home Values

Folsom Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$426,200

  • -1.3% 1-year change
  • 1.4% 1-year forecast

Market Temperature

Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this city relative to other cities in the same metropolitan area. A particular city may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Warm

Buyers' Market
Sellers' Market

The median home value in Folsom is $426,200. Folsom home values have declined -1.3% over the past year and Zillow predicts they will rise 1.4% within the next year. The median list price per square foot in Folsom is $215, which is higher than the Sacramento Metro average of $185. The median price of homes currently listed in Folsom is $425,990 while the median price of homes that sold is $409,700. The median rent price in Folsom is $1,750, which is higher than the Sacramento Metro median of $1,350.

Foreclosures will be a factor impacting home values in the next several years. In Folsom 1.0 homes are foreclosed (per 10,000). This is lower than the Sacramento Metro value of 3.4 and also lower than the national value of 4.5

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Folsom is 4.3%, which is lower than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Folsom homeowners underwater on their mortgage is 9.9%, which is lower than Sacramento Metro at 16.9%.

Read more
Relative ZHVI
- +

Folsom Market Overview

Data through Oct 31, 2014
  • $426,200 ZHVI
  • 1.4% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Oct 31, 2015)
  • $425,990 Median listing price
  • $409,700 Median sale price
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Folsom Market Health

Data through Oct 31, 2014
  • 6.5/10 Healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 9.9% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 4.3% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

1 home Folsom
3.4 homes Sacramento Metro
4.5 homes United States
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Nearby Cities

Name Median ZHVI
Granite Bay $646,000
El Dorado Hills $521,000
Rescue $519,400
Name Median ZHVI
Fair Oaks $497,800
Loomis $478,000
Sloughhouse $423,800
Name Median ZHVI
Orangevale $292,000
Rancho Cordova $266,800
Citrus Heights $256,300

Listings & Sales

Data through Oct 31, 2014
  • $215 Median list price / sq ft
  • $217 Median sale price / sq ft
  • 38.1% Listings with price cut
16.2%
Sold below listing
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Folsom Rentals

Data through Oct 31, 2014
  • Zillow Rent Index

  • $1,914 Folsom
    $1,601 Sacramento Metro
    $1,337 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.4 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,750 Rent list price
  • $1.11 Rent list price / sq ft
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading