Latest snapshot: the three months ending June 2026
Home sales in Folsom jumped nearly 25% from a year ago even as prices eased, keeping the market firmly tilted toward sellers despite a slightly slower pace.
The typical Folsom rent reached $2,669 in May, the highest level Zillow has recorded for the city, though the year-over-year pace remains modest.
At its June 23 meeting, the Folsom City Council greenlit a new Toll Brothers housing development, committed $1.55 million to acquire land for the city's affordable housing fund, and renewed a four-year partnership that channels federal housing dollars into local programs.
Sales rose sharply year-over-year even as prices eased, with 246 homes changing hands in the three months ending May 2026 versus 207 a year earlier.
The City Council pushed a decision on a new Toll Brothers small-lot neighborhood to June 23, gave final approval to an annual special tax in Alder Creek West, and locked in $200,000 for free home repairs for low-income seniors.
A 0.35-point climb in the 30-year fixed rate adds $139 to the monthly payment on a median-priced Folsom home — a steeper bite than peer cities are absorbing.
Median rents in Folsom rose modestly over the past year, but high local incomes keep the typical renter spending just 22% on housing — well below the 30% burden threshold.
Sales jumped more than 22% year-over-year in the three months ending April, even as inventory expanded and homes took a day longer to find buyers.
The City Council created Community Facilities District No. 24, a special taxing zone covering the Alder Creek West development, allowing the city to sell bonds repaid by future homeowners through annual special taxes on their property bills.
The Folsom City Council on May 12 approved Resolution 11610, granting a parcel map waiver for the Emblem Empire Ranch Apartments project in the city’s fast-growing Empire Ranch…