Folsom Housing Market Report January 2025Saint Tammany County, Louisiana

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Housing Prices in Folsom, LA

How much do homes in Folsom, LA cost?

Housing Market Conditions

Is Folsom, LA a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Folsom is a Buyer's Market

Difference Since January 2024

At the same time last year, Folsom was a Seller's Market.

Insight

Folsom is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$327,450$173/SqFt
+$24,950
+8.2%

Based on all homes sold in the last 12 months

Insight

Homes in Folsom have sold for 8.2% more than they did a year ago.

Summary: The median home sold price in Folsom was $327,450 in January 2025, up 8.2% from last year, and the median price per square foot was $173.

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJan 2024Jan 2025Change YoY
1$204K-
N/A
2$311.5K$255K
-18.1%
3$288.5K$322.4K
+11.8%
4$447.5K$406.2K
-9.2%
5$835K$598K
-28.4%

Summary: Folsom housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -18.1%. The home price for 3 bedroom homes increased by +11.8%. The home price for 4 bedroom homes decreased by -9.2%. The home price for 5 bedroom homes decreased by -28.4%.

Housing supply in Folsom, LA

How many homes are available in Folsom, LA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
23Last MonthJan 2025
242 months agoDec 2024
-4.2 %
Change MoMDec – Jan

Summary: The Folsom real estate market had 23 homes for sale in Jan 2025, a 4.2 % decrease compared to Dec 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
1Last MonthJan 2025
42 months agoDec 2024
-75.0 %
Change MoMDec – Jan

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsDec 2024Jan 2025Change MoM
100
0.0%
231
-66.7%
398
-11.1%
4910
+11.1%
534
+33.3%

Summary: Folsom housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -66.7%. The inventory for 3 bedroom homes decreased by -11.1%. The inventory for 4 bedroom homes increased by +11.1%. The inventory for 5 bedroom homes increased by +33.3%.

Asking Price vs. Sold Price

How much do homes in Folsom, LA cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price0 Home

Under Asking Price1 Home

Insight

If you're buying a home in Folsom, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Folsom in January 2025, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.

Days on Market for Folsom, LA

How long does it take to sell a home in Folsom, LA?

Breakdown of Home Sale Times

Under 30 Days1 Home

30 – 90 Days0 Home

Over 90 Days0 Home

Insight

Many homes in Folsom are selling fast, if you're buying plan to act quickly.

Summary: During January 2025, 1 homes were sold in Folsom; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
8 DaysThis YearJan 2025
58 Days1 year agoJan 2024
-86.3 %
Change YoYJan 2024 – Jan 2025

Summary: Homes in Folsom had an average listing age of 8 days in Jan 2025, down by 86.3% compared to the previous year.

Newest Listings in Folsom, LA

What homes are available in Folsom, LA?

Nearby markets

Nearby markets aren't available for Folsom, LA

MLS Disclaimers and Copyright

Based on information from ROAM MLS, for the period 02/01/2023 - 02/01/2025

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/20/2025, 6:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.