Folsom, LA70437

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$287,000
2.9% YoY Growth
Median Household Income
$66,200
13.2% 5-Year Growth
Days on Market
96
11.0% Longer than last year
Home Price Forecast
-3.8%
Median Rent
$1,300
7.3% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
$1,250
8.7% YoY Growth
3-Bed Rent
$1,700
5.5% YoY Growth

Property Listings — Folsom, LA

As of Oct '25, Realtor.com reports that the median days on market for a home in Folsom, LA is 96. This is a increase of 11.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 17.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$472,000-14.0%
Listing Count
4755.0%
Listings as % of Homes0.8%55.0%
Days on Market
9611.0%
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Demographics — Folsom, LA

As of the latest ACS Survey released in 2023, Folsom, LA has a population of 7,700, which has decreased by -6.0% over the past 5 years. Folsom, LA is a moderately popular place for families, as children make up 16.8% of the population. The area has a moderately educated workforce, with 33.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.4% reporting working from home.

MetricLatest CensusYoY % Change
Population
7,700-6.0%
% Under 18
16.8%-13.0%
% Seniors
23.8%25.9%
% WFH
12.4%195.2%
% w/ College Degree
33.6%18.3%
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As of the latest ACS Survey released in 2023, Folsom, LA is a predominantly white area, with 85.4% of the population identifying as white. The white population has shrunk by 2.1% in the last 5 years. The second most common race or ethnicity in Folsom, LA is hispanic, making up 7.2% of the population. Foreign-born residents account for 1.2% of the population in Folsom, LA, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
85.4%-2.1%
% Black
5.4%-33.3%
% Hispanic
7.2%80.0%
% Asian
0.0%N/A
% Foreign Born
1.2%0.0%
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Mortgage and Risk — Folsom, LA

According to HUD data as of 2023, there were 90 mortgage originations in Folsom, LA, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Folsom, LA. Investor activity is low, as 7.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
90
% Conventional Loans
86.0%
% Government Loans
14.0%
% Investor Loans
7.0%
% Second Loans
0.0%
% Cash Out Refinance
11.0%

Loan Activity

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Rentals and Section 8 — Folsom, LA

Folsom, LA lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
1
Total Units Section 8
1
% Rentals under Section 8
0.3%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$1,040
2 Bedroom-$20$1,250$1,230
3 Bedroom-$120$1,700$1,580
4 BedroomN/AN/A$1,840

Affordability — Folsom, LA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio4.4
Median Home Price$287,000
Median Household Income$66,200

Folsom, LA — ZIP Code Boundary Map

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Frequently Asked Questions