Home prices
The median home in Folsom is valued at $524,100. In comparison to the surrounding areas this is roughly $30,280 (5%) lower.It is approximately $306,600 (140%) higher in comparison to the country as a whole, and is approximately $187,200 (55%) higher in comparison to the city of Sacramento.
Rents
Folsom's median rent is $1,710 a month. In comparison to the surrounding areas it is roughly $20 (1%) lower.It is about $648 (61%) higher in comparison to the rest of the country, and is roughly $447 (35%) higher compared to the city of Sacramento.
Nearby places
Orangevale
Orangevale is Folsom's neighbor to the west. Its housing prices are substantially less expensive. The median home in Orangevale is valued at $372,500, which comes out to $151,600 (40%) lower than Folsom. The rent there is a little less expensive. In Orangevale the median rent is $1,460 per month, which is $250 (17%) lower than Folsom.
El Dorado Hills
El Dorado Hills is Folsom's neighbor to the east. Real estate prices there are somewhat more expensive. The median home in El Dorado Hills costs $630,000, which is $105,900 (16%) higher than Folsom. Rents there are a little more expensive. The median rent in El Dorado Hills is $1,964 per month, which comes out to $254 (12%) higher than Folsom.
Fair Oaks
Fair Oaks is Folsom's neighbor to the west. Its housing prices are a bit less expensive. The median home cost in Fair Oaks is $476,100, which is $48,000 (10%) lower than Folsom. Rents there are a little less expensive. In Fair Oaks the median rent is $1,339 a month, which works out to $371 (27%) lower than Folsom.
Granite Bay
Granite Bay is Folsom's neighbor to the north. Real estate prices there are significantly more expensive. The median home cost in Granite Bay is $794,000, which comes out to $269,900 (33%) higher than Folsom. Rents there are a bit more expensive. Granite Bay's median rent is $2,014 per month, which comes out to $304 (15%) higher than Folsom.
Gold River
Gold River is roughly 5 miles southwest from Folsom. The housing prices there are fairly similar. The cost of the median home in Gold River is $499,300, which is $24,800 (4%) lower than Folsom. Rent there is a little more expensive. The median monthly rent in Gold River is $1,874, which is $164 (8%) higher than Folsom.
