Folsom, NM is a great place to live with a median home value of $198,500. This is significantly lower than the US median house value of $338,100 and makes it more affordable for those looking to buy. Over the past year, the house values in Folsom have appreciated 9.54% while nationally they have increased by 8.27%. This means that Folsom homes are increasing in value faster than the national average. All this combined makes Folsom an attractive option for those looking for a new place to call home.
The median home cost in Folsom is $198,500. Home appreciation the last 10 years has been 56.6%. Home Appreciation in Folsom is up 12.5%.
Average Age of Homes
- The median age of Folsom real estate is 52 years old
The Rental Market in Folsom
- Renters make up 7.0% of the Folsom population
- 0.0% of houses and apartments in Folsom, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.