Home prices
The cost of the median home in Folsom is $179,400. Compared to the surrounding areas it is roughly $14,140 (7%) lower.It is roughly $38,100 (17%) lower compared to the rest of the country, and is roughly $426,600 (70%) lower in comparison to the city of New York.
Rents
Folsom's median rent is $1,256 a month. This is roughly $114 (10%) higher in comparison to other places in this area.In comparison to the entire nation it is roughly $194 (18%) higher, and compared to the city of New York it is about $187 (12%) lower.
Nearby places
Hammonton
Hammonton is Folsom's neighbor to the northeast. The housing prices there are somewhat more expensive. The median home cost in Hammonton is $235,500, which works out to $56,100 (23%) higher than Folsom. Rent there is pretty similar. The median monthly rent in Hammonton is $1,204, which comes out to $52 (4%) lower than Folsom.
Buena
Buena is about 6 miles southwest from Folsom. Housing prices there are pretty similar. Buena's median home cost is $182,500, which is $3,100 (1%) higher than Folsom. Its rents are significantly less expensive. The median rent in Buena is $899 per month, which is $357 (39%) lower than Folsom.
Newfield
Newfield is approximately 8 miles west of Folsom. The housing prices there are somewhat more expensive. The median home in Newfield costs $190,100, which is $10,700 (5%) higher than Folsom. Rent there is somewhat more expensive. Newfield's median monthly rent is $1,563, which comes out to $307 (19%) higher than Folsom.
Williamstown
Williamstown is approximately 8 miles northwest from Folsom. Real estate prices there are a bit more expensive. Williamstown's median home value is $205,900, which comes out to $26,500 (12%) higher than Folsom. Its rents are a little less expensive. In Williamstown the median monthly rent is $1,003, which comes out to $253 (25%) lower than Folsom.
Chesilhurst
Chesilhurst is about 9 miles north from Folsom. The housing prices there are a little less expensive. The cost of the median home in Chesilhurst is $153,700, which is $25,700 (16%) lower than Folsom. Rent there is a little less expensive. Chesilhurst's median monthly rent is $1,039, which works out to $217 (20%) lower than Folsom.
