Home prices
The median home cost in Folsom is $203,100. It is roughly $53,560 (20%) lower in comparison to other places in this area.It is about $14,400 (6%) lower compared to the rest of the country, and is approximately $402,900 (66%) lower in comparison to the city of New York.
Rents
The median rent in Folsom is $1,317 a month. This is roughly $353 (36%) higher compared to its surrounding areas.In comparison to the entire nation it is approximately $255 (24%) higher, and compared to the city of New York is about $126 (8%) lower.
Nearby places
Rutledge
Rutledge is Folsom's neighbor to the north. The housing prices there are a bit more expensive. The cost of the median home in Rutledge is $281,200, which is $78,100 (27%) higher than Folsom. The rent there is substantially less expensive. The median monthly rent in Rutledge is $844, which comes out to $473 (56%) lower than Folsom.
Ridley Park
Ridley Park is Folsom's neighbor to the south. The real estate prices there are similar. Ridley Park's median home cost is $202,000, which is very similar to Folsom. Rent there is substantially less expensive. Ridley Park's median rent is $988 per month, which works out to $329 (33%) lower than Folsom.
Prospect Park
Prospect Park is Folsom's neighbor to the southeast. Real estate prices there are a little less expensive. The cost of the median home in Prospect Park is $191,700, which works out to $11,400 (5%) lower than Folsom. Rents there are somewhat less expensive. Prospect Park's median rent is $1,043 per month, which comes out to $274 (26%) lower than Folsom.
Swarthmore
Swarthmore is Folsom's neighbor to the northwest. Housing prices there are significantly more expensive. The median home value in Swarthmore is $415,200, which comes out to $212,100 (51%) higher than Folsom. Rents there are a little less expensive. Swarthmore's median monthly rent is $1,021, which is $296 (28%) lower than Folsom.
Woodlyn
Woodlyn is Folsom's neighbor to the southwest. The housing prices there are somewhat less expensive. The median home cost in Woodlyn is $193,200, which is $9,900 (5%) lower than Folsom. The rent there is a lot less expensive. In Woodlyn the median rent is $925 per month, which comes out to $392 (42%) lower than Folsom.