Understanding California's Current Housing Market Trends and Forecasts When it comes to real estate, California…
Buying a Home and Moving to Folsom CA
If you’re looking to buy a home in Sacramento County, Folsom is a fantastic choice for families. It was named as the #2 “Best Suburb to Live in the Sacramento Area” by Niche.com in 2021 and offers residents (70% of whom are homeowners) a dense suburban feel with highly rated public schools and lots of restaurants, activities, attractions, and parks. Let’s look at all the things that make living in Folsom, California, so fabulous.
Folsom CA Stats
Folsom has a population of 78,159, the median home value is $524,100, and the median household income is $114,405.
Folsom CA Schools
One of the biggest draws to homebuyers is Folsom’s very highly rated public schools. The city’s two public high schools, Folsom High School and Vista del Lago High School, both scored an A+ from Niche.com, which is based on rigorous analysis of academic and student life data from the U.S. Department of Education, along with test scores, college data, and ratings collected from Niche users. Folsom High School has also won a few state championships in football and other sports.
Family-Friendly Activities in Folsom CA
If you have kids or are planning to start a family in the future, Folsom offers lots of parks and activities for kids and fun stuff for the whole family to enjoy. These include:
- SeaQuest, which is a large aquarium and petting zoo. It’s located in the Palladio Outdoor Mall, where you can enjoy snorkeling with stingrays.
- Fishing or boating in Folsom Lake.
- Kayaking or paddleboarding in Lake Natoma.
Things to Do in Folsom CA
Whether you prefer an active lifestyle or cultural experiences—or enjoy both—there is plenty to do in Folsom. From hiking, biking, and walking to the arts, theater, and skating, you’ll find it here. There are also many attractions just outside Folsom, like the Red Hawk Casino, wineries, and more.
Folsom, CA Restaurants and Bars
Folsom offers a wide range of dining options, from fine dining to family-friendly establishments and cuisines including Asian, Indian, Italian, Mexican, and more.
There are higher-end restaurants like Bacchus House Wine Bar & Bistro, Sutter Street Steakhouse, and Scott’s Seafood Roundhouse. Breakfast and brunch options include the Purple Place Bar & Grill, Waffle Barn, Julian’s Patisserie and Cafe, and others. For a good ol’ burger and fries, there’s Rock-N-Fire, The Habit, Wayback Burgers, and much more. There are also plenty of diners, coffee shops, and sandwich shops to choose from.
Neighborhoods in Folsom, CA
With excellent schools, shopping, very low crime, great restaurants, and lots of activities, what else can you ask for in a neighborhood? Luckily, Folsom has many areas to choose from if you want to buy a home here. Whichever community you pick to settle down in, you’re guaranteed to see neighbors walking their dogs, kids playing in their yards or parks, and residents running or biking around town.
Below, we break down the benefits of three top neighborhoods in Folsom, California: Broadstone, American River Canyon, and Natoma Station.
Broadstone Neighborhood
Broadstone is the largest neighborhood in Folsom, California, and it’s the ideal location for shopping and dining. It’s home to Palladio, a high-end outdoor shopping experience with many attractions, including a movie theater and great places to eat. There’s a Costco here, and parks as well.
Broadstone’s current median home sale price is $662,500. Watch the video below as we review Broadstone’s current real estate listings and discuss what a potential mortgage payment would be like if you bought a home in this neighborhood.
American River Canyon Neighborhood
Located on the Northwest side of Folsom is the American River Canyon neighborhood, which is full of really nice custom homes, most of which were built in the 1990s or the early 2000s. If you like lakes, you’ll love this area. Residents enjoy proximity to the American River, Lake Natoma, and Folsom Lake, and easy access to Folsom City Lions Park and Mormon Island Wetlands State Park.
American River Canyon’s current median home sale price is $862,000. If you’re looking to buy a high-end home, you’ll find plenty of properties that fit the bill here. Note that when purchasing high-end real estate, you may need a jumbo mortgage, which is a mortgage that exceeds the loan limits set by Fannie Mae and Freddie Mac. Watch the video below as we review current property listings in American River Canyon and describe jumbo loans in more detail.
Natoma Station Neighborhood
Natoma Station is a neighborhood that’s a bit older and located next to Lake Natoma, which is excellent for paddleboarding, canoeing, bike riding, and other recreational activities. It’s also close to Folsom Premium Outlets, offers easy access to public transportation, and is within walking distance to some great restaurants and shops.
Natoma Station’s current median home sale price is $666,400. Watch the video below as we look at listings of homes for sale and break down a potential mortgage payment for a home at this price point in this neighborhood.
Looking to Buy?
Folsom, California, is a wonderful town for families and those who enjoy an active outdoor lifestyle. If you’re looking to buy a home here, the strategic team at New Way Mortgage can help with your home financing. Give us a call today at 916-465-6639 to get you moving to Folsom!