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Preforeclosure Homes in Folsom, LA 70437

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Folsom, LA Foreclosures

How much do homes sell for in Folsom, LA?
The average home price is currently $326,325.
In Folsom, LA, how many homes are available?
There are currently 5 active home listings available in Folsom.
What’s the average rental cost in Folsom, LA?
The average rental price in Folsom is $1,462.
What is the most expensive home in Folsom?
The most expensive home sold in Folsom had a price of $7,213,511.
What is currently the cheapest priced home in Folsom, LA?
The cheapest home for sale in Folsom is priced at $13,216.

Living in Folsom, LA

Folsom, LA is a picturesque small town perfectly blending rural charm and modern convenience. Located in St. Tammany Parish, it offers a serene lifestyle with access to beautiful parks and outdoor activities. Its strong sense of community and excellent school system make it an ideal choice for families and individuals alike.

Current Market Conditions in Folsom, LA

The real estate market in Folsom, LA is currently experiencing a steady growth trend. With an influx of families seeking quiet living with easy access to urban amenities, home values have shown consistent appreciation over the past several months. However, inventory levels remain somewhat low, leading to competitive buying conditions.

Interest rates have slightly increased, which has moderated some of the rapid price growth seen last year. Buyers now have a chance to negotiate better deals as they enter the market. The demand for homes in this charming community continues to outpace supply, indicating a robust market outlook for the foreseeable future.

Home Value Estimator For Folsom, LA

There are currently 3,373 real estate properties in Folsom, LA, with a median automated valuation model (AVM) price of $264,688.00. 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, LA, 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, LA, is $326,325.00, with the most expensive house in Folsom, LA, topping out at $7,213,511.00 and the cheapest home in Folsom, LA, clocking in at $13,216.00. In other words, there’s something for every potential homebuyer or savvy investor in Folsom, LA!

Rent Prices In Folsom, LA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Folsom, LA, is on a rollercoaster ride. The average rent price in Folsom, LA, is $1,462.00. Indeed, when looking to rent in Folsom, LA, you can expect to pay as little as $690.00 or as much as $3,580.00, with the average rent median estimated to be $1,450.00. The good news is that finding an affordable and desirable property to rent in Folsom, LA -- 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, LA 70437 Preforeclosure Homes

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