Heat risk estimates how much climate change might increase the typical number of hot days in a year and the likelihood of extreme heat and heatwaves.
- A day that reaches above 103ºF is considered hot for Folsom. Normally, Folsom experiences about 8 hot days per year.
- Folsom’s forecast in 2050 is about 36 hot days per year.
- Folsom’s heat risk (40) is 64% higher than average for people in Sacramento County (24).
Drought risk is based on water stress, which estimates how much of the future water supply will be used for human purposes, like watering the lawn.
- The percentage of available water supply used by humans determines water stress. An area is at especially high risk when water stress is above 40%. Folsom’s water stress now is about 4%.
- Folsom’s projected water stress in 2050 is about 4%.
- Folsom’s drought risk (27) is 17% lower than average for people in California State (33).
Fire risk estimates the risk of wildfires, based on the likelihood of burning in the future and the potential size and severity of a fire.
- Normally, about 0.02% of land near Folsom burns in a year, or about 539 sq. miles within a 100-mile radius.
- Folsom’s forecast in 2050 is up to about 802 sq. miles burned in a year (0.03%).
- Fire risk in Folsom ranges from Moderate (36) to High (51)
- Folsom’s fire risk (43) is 11% lower than average for people in Sacramento County (48).
Storm risk estimates how much climate change increases the chances of extreme precipitation, when a lot of rain or snow falls in a short time, including thunderstorms, snowstorms, and tropical cyclones.
- Normally, Folsom experiences about 8 significant two-day storms per year, with about 2" of precipitation per storm.
- Folsom’s forecast in 2050 is about 17 storms, with about 2" of precipitation per storm.
- Folsom’s storm risk (43) is 26% higher than average for people in Sacramento County (34).
ClimateCheck™ analyzes a property's risk from climate change using the latest modeling and data from climate scientists, universities, and federal agencies.
Questions or feedback about this data?
Learn more about how this data is calculated here.
Compare environmental risks to nearby cities
Sacramento
Elk Grove
Real Estate Market Trends in
Folsom, CA
Loveing Folsom04/24/2019
This town has a little bit of everything from fine dining shopping and entertainment to hiking biking and camping. Centrally located and close to downtown Sacramento and about an hour and a half away from Lake Tahoe. Folsome offers excelend schools and has a local community collage. If you would like more information on folsom give us a call or go to our website to view all homes for sale 916.256.8024 JRPFORSALE.COM Farm Fresh Produce at Folsom Farmers Market08/07/2018
Who doesn't love Farm Fresh Produce. There is an awesome Farmers Market every Saturday from 8 a.m. to 1 p.m. on Historic Sutter Street. You'll find fresh produce, baked goods, honey, flowers, nuts, cheeses,eggs, crafts and so much more. A great way to spend a Saturday morning. Parking available at 905 Leidesdorff Street. Open year round.All About Folsom California07/15/2019
Real estate Tips and Guide to help you save money and stress and some fun stuff on Folsom CA. Go to https://www.AllAboutFolsomCalifornia.com.
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Folsom CA
REAL ESTATE APPRECIATION & HOUSING MARKET TRENDS
Average Home Values
Median home value is the value which has equal numbers of homes valued above and below it. The median home value is more stable than the average home value, which can be greatly affected by a few very high or very low home values.
Median Home Value:
$658,473
> $1,267,000
$950,001 - $1,267,000
$633,001 - $950,000
$506,001 - $633,000
$380,001 - $506,000
$253,001 - $380,000
$127,001 - $253,000
$63,001 - $127,000
Value Relative To State
Value Relative To Nation
Number Of Homes And Apartments:
27,836
Appreciation Rates
NeighborhoodScout's® Exclusive Home Appreciation Rates
NeighborhoodScout reveals the home appreciation rates for every city, town, and even most neighborhoods in America.
NeighborhoodScout has calculated and provides home appreciation rates as a percentage change in the resale value of existing homes in that city, town or neighborhood over the latest quarter, the last year, 2-years, 5-years, 10-years, and even from 2000 to present. We show both the cumulative appreciation rate, and the average annual appreciation rate for each time period (e.g., last 5-years: 84% total appreciation, Avg. per year: 16.8%). We also show how each city, town or neighborhood's appreciation rate compares to other cities, towns and neighborhoods in the nation, and within the same state (e.g., 9 relative to the nation, 5 relative to California [10 is highest]). This makes comparisons of house appreciation rates equally easy for professional investors and individual homebuyers. In this example, the neighborhood is one of the highest appreciating in the nation over the last 5-years, but is only average in appreciation for the same period relative to other neighborhoods in the state of California.
About the appreciation rate data
Our data are designed to capture changes in the value of single-family homes at the city, town and even the neighborhood level. Different neighborhoods within a city or town can have drastically different home appreciation rates. NeighborhoodScout vividly reveals such differences. Our data are built upon median house values in each neighborhood, and combine data from the United States Bureau of the Census with quarterly house resale data. The data reflect appreciation rates for the neighborhood overall, not necessarily each individual house in the neighborhood.
Our data are calculated and updated every three months for each neighborhood, city and town, approximately two months after the end of the previous quarter. Each quarter, Fannie Mae and Freddie Mac provide their most recent mortgage transactions to the FHFA. These data are combined with the data of the previous 29 years to establish price differentials on properties where more than one mortgage transaction has occurred. The data are merged with neighborhood-specific median house values from the Census Bureau using NeighborhoodScout's proprietary algorithms developed by Dr. Schiller, creating an updated historical database that is then used to estimate the appreciation rates for each city, town and neighborhood within each time period. These resultant neighborhood appreciation rates are a broad measure of the movement of single-family house prices. The appreciation rates serve as an accurate indicator of house price trends at the neighborhood level.
How is the home appreciation data calculated?
Neighborhood appreciation rates from NeighborhoodScout are based on both median house value data reported by respondents via the U.S. Bureau of the Census, and a weighted repeat sales index, meaning that they measure average price changes in repeat sales or refinancings on the same properties. This information is obtained by reviewing repeat mortgage transactions on single-family properties whose mortgages have been purchased or securitized by Fannie Mae or Freddie Mac (by the FHFA). Then proprietary algorithms developed by Dr. Schiller, NeighborhoodScout's founder, are applied to produce neighborhood appreciation rates. Appreciation rates are updated by NeighborhoodScout each quarter as additional mortgages are purchased or securitized by Fannie Mae and Freddie Mac. The new mortgage acquisitions are used to identify repeat transactions for the most recent quarter, then are fed into NeighborhoodScout's search algorithms.
What transactions are covered in the appreciation rate data?
Neighborhood appreciation rate data are based on transactions involving conforming, conventional mortgages. Only mortgage transactions on single-family properties are included. Conforming refers to a mortgage that both meets the underwriting guidelines of Fannie Mae or Freddie Mac and that doesn't exceed the conforming loan limit, a figure linked to an index published by the Federal Housing Finance Board. Conventional means that the mortgages are neither insured nor guaranteed by the FHA, VA, or other federal government entity.
Mortgages on properties financed by government-insured loans, such as FHA or VA mortgages, are excluded, as are properties with mortgages whose principal amount exceeds the conforming loan limit. Mortgage transactions on condominiums or multi-unit properties are also excluded. As such, NeighborhoodScout does not produce appreciation rates for neighborhoods that consist solely of renters or have no single-family homes (dwellings without an entrance directly to the outside).
| Time Period | Total Appreciation | Avg. Annual Rate | Compared To CA* | Compared To America* |
|---|---|---|---|---|
| Latest Quarter: 2021 Q1 - 2021 Q2 | ||||
| Last 12 Months: 2020 Q2 - 2021 Q2 | ||||
| Last 2 Years: 2019 Q2 - 2021 Q2 | ||||
| Last 5 Years: 2016 Q2 - 2021 Q2 | ||||
| Last 10 Years: 2011 Q2 - 2021 Q2 | ||||
| Since 2000: 2000 Q1 - 2021 Q2 | 134.66% | 4.05% | 5 | 9 |
Rent & Ownership
Average Market Rent
Average market rent is exclusively developed by NeighborhoodScout. It reveals the average monthly rent paid for market rate apartments and rental homes in the city, excluding public housing. Utility payments are not included.
Homeownership Rate
The percentage of housing units in the city that are occupied by the property owner versus occupied by a tenant (Vacant units are counted separately).
Average Market Rent:
$2,965/ per month
Homeownership Rate
Housing Market Details
Age of Homes
The proportion of homes and apartments in the city built within a certain time period.
Type of Homes
These are the predominate forms of housing in the city. Percentages are based on the number of housing units for each type over the total number of units across all types.
Size of Homes
The predominate size of homes in the city based on the number of bedrooms. Homes include single family houses as well as apartment and condominium units.
Age of Homes
2000 or Newer
Types of Homes
Single-Family
Small Apt. Buildings
Apt. Complexes
Home Size
5 or more bedrooms
Folsom Real Estate Forecast, Folsom Area Housing Prices and Home Value Trends and Predictions
Home price ca median folsom
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3000 sqft - Silver Crest at Russell Ranch, Folsom, CA by New Home Company- Sacramento Real EstateHm, you're strange. Well, okay. I fell to her ear. -Have you missed me. -Yes, Ashot.
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