Is Folsom, LA 70437 a buyer’s or seller’s market?
Folsom is a buyer’s market. With about 6.2 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 4% of U.S. ZIP codes, and #145 of 160 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Folsom housing market right now
In the three months ending August 31, 2026, 5% of homes in Folsom, LA 70437 sold above their list price, the typical home went under contract in 72 days and there were 6.2 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 21 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 9%, homes sold more slowly (54 days then) and the median sale price rose 11% to $432,063. Overall, Folsom is less competitive than a year ago, which gives buyers more room.
Within St. Tammany Parish, homes here sell more slowly than in 83% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county. On our competition score, Folsom ranks #145 of 160 LA ZIP codes with enough sales (score 11 out of 100).
Nearby, Pearl River 70452 (19% sold over asking) and Madisonville 70447 (15% sold over asking) are even more competitive.
Run the numbers for 70437
Nearby markets
Abita Springs 70420Seller’s market $188 /sq ftBush 70431Balanced $162 /sq ftCovington 70433Seller’s market $181 /sq ftCovington 70435Seller’s market $172 /sq ft Browse all markets →Towns like Folsom nearby
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Questions about Folsom real estate
Is Folsom a buyer’s or seller’s market?
A buyer’s market: there were 6.2 months of supply in Folsom, LA 70437 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Folsom?
The typical home went under contract in 72 days in the latest three months.
Do homes in Folsom sell over asking?
5% of homes sold above their original list price, and the typical sale closed at 96.3% of the list price.
What are property taxes in Folsom?
About 0.71% of a home’s value a year in St. Tammany Parish, or roughly $2,840 on a $400,000 home.
What is the median home price in Folsom?
The median sale price was $432,063 in the three months ending August 31, 2026, about $183 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology