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Fixer Upper Homes in Folsom, CA

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Living in Folsom, CA

Folsom, CA, is a charming city known for its historical sites and outdoor recreational activities. With beautiful parks and a lively downtown area, Folsom offers a balanced lifestyle for families and individuals. The community thrives on a mix of suburban tranquility and a growing economic landscape.

Current Market Conditions in Folsom, CA

The Folsom real estate market remains competitive, characterized by a high demand for homes due to its desirable location and excellent school districts. Recent trends indicate a steady increase in home prices, reflecting the area's appeal to buyers seeking quality of life and amenities.

Inventory levels have been low, creating a seller's market. Homes tend to sell quickly, often receiving multiple offers, which is indicative of the strong interest in the area from both first-time buyers and investors.

Home Value Estimator For Folsom, CA

There are currently 29,595 real estate properties in Folsom, CA, with a median automated valuation model (AVM) price of $750,600.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Folsom, CA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Folsom, CA, is $827,701.00, with the most expensive house in Folsom, CA, topping out at $156,074,400.00 and the cheapest home in Folsom, CA, clocking in at $30,081.00. In other words, there’s something for every potential homebuyer or savvy investor in Folsom, CA!

Rent Prices In Folsom, CA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Folsom, CA, is on a rollercoaster ride. The average rent price in Folsom, CA, is $2,290.00. Indeed, when looking to rent in Folsom, CA, you can expect to pay as little as $890.00 or as much as $4,790.00, with the average rent median estimated to be $2,310.00. The good news is that finding an affordable and desirable property to rent in Folsom, CA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Folsom, CA Fixer Upper Homes

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