Real Estate Market Update for Folsom, CA
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Welcome to May's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was up 53% from one year earlier, and did not change from the previous month. Even so, buyers still enjoyed a greater selection of homes today than they did one year ago. As you can see, the median listing price for the month was 450-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 75%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 390-thousand dollars. The number of units sold decreased 13% year-over-year, and increased 30% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for Folsom, CA
Area Information for Folsom, CA
  • Population: 73,833
  • Median Age: 36.53 yr
  • Median Commute Time: 23.82 mins
  • Educational Climate*: 4
  • Sales Tax: 8%
  • Population Density: 3,364/sq mi
  • Population Change Since 2000: 42%
  • Closest Airport: Sacramento International
  • Closest College: Itt Technical Institute-rancho Cordova
  • Closest Jr. College: Folsom Lake College
  • Median Household Income: $97,445
  • Annual Residential Turnover: 24.58%
  • Median Years in Residence: 3.01 yr
  • Median Home Sales Price: $318,000
  • Closest Major Sports Team: Sacramento River Cats
  • Change Avg. Household Income Since 2000: 33%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Folsom, CA
Median Age: 36.53 Married: 37% Number of Households: 25,292 Households with Children: 10,043
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Folsom, CA

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Folsom Hills Elementary School 0.4 mi Public PRESCHOOL-5 4-5 5
      Oak Chan Elementary School 1.1 mi Public K-5 4-5 5
      Empire Oaks Elementary School 1.2 mi Public PRESCHOOL-5 5 5
      Blanche Sprentz Elementary School 1.7 mi Public K-5 3 5
      St. John Notre Dame School 1.9 mi Catholic PRESCHOOL-8 0 5
      Folsom Middle School 1.9 mi Public 6-8 4 4
      Lakeview Elementary School 2.0 mi Public K-5 4-5 5
      Theodore Judah Elementary School 2.3 mi Public K-6 4 4
      Montessori Manor 2.5 mi Private PRESCHOOL-K 0 0
      Sundance Montessori 2.5 mi Private PRESCHOOL-5 0 4
      Jackson Elementary School 2.5 mi Public K-5 5 4
      Vista Del Lago High School 2.6 mi Public 9-12 4-5 4
      Oak Ridge High School 2.9 mi Public 9-12 4-5 4
      Folsom Lake High School 2.9 mi Public 10-12 1 3
      Gold Ridge Elementary School 2.9 mi Public K-5 4-5 5
      Marina Village Middle School 2.9 mi Public 6-8 4 3
      Folsom Community Charter School 2.9 mi Public K-8 4-5 5
      Sutter Middle School 2.9 mi Public 6-8 4 4
      Lake Forest Elementary School 3.0 mi Public K-5 4-5 4
      Folsom Montessori School 3.0 mi Private PRESCHOOL-K 0 0
      Carl H. Sundahl Elementary School 3.0 mi Public K-6 4-5 4
      Rolling Hills Middle School 3.0 mi Public 6-8 4-5 4
      Sandra J. Gallardo Elementary School 3.1 mi Public K-5 5 5
      William Brooks Elementary School 3.2 mi Public PRESCHOOL-5 5 5
      Silva Valley Elementary School 3.2 mi Public PRESCHOOL-5 5 4
      Russell Ranch Elementary School 3.3 mi Public K-5 5 5
      Folsom High School 3.4 mi Public 9-12 4-5 4
      Creative Frontiers Elementary School 3.4 mi Private PRESCHOOL-5 0 4
      The Phoenix Schools 3.4 mi Private K-8 0 4
      Kids Kount Kindergarten 3.8 mi Private PRESCHOOL-K 0 5
      Brighton Schools 3.9 mi Private K-5 0 4
      Oak Meadow Elementary School 3.9 mi Public K-5 5 5
      Natoma Station Elementary School 4.1 mi Public K-6 4 5
      Guiding Hands School, Inc 4.6 mi Private PRESCHOOL-12 0 4
      Marble Valley Center For Excellence 4.6 mi Private PRESCHOOL-8 0 0
      Marble Valley Academy 4.6 mi Private PRESCHOOL-8 0 0
      G.h.s Academy 4.8 mi Private PRESCHOOL-8 0 0
      Holy Trinity School 6.0 mi Catholic K-8 0 4
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2014
      Local Weather for Folsom, CA
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.