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These days, finding an affordable place to live in the Folsomville area can be challenging. Home prices in Folsomville are now at a median cost of $234,816, higher than the Indiana average of $232,932.
The average cost of rent is $839/mo in Folsomville, primarily driven by the current value of real estate in the Folsomville area. In Folsomville, 12.00% of households rent, and 41.77% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Folsomville is $6,681 per month. Households that rent pay about 12.56% of their income on rent here. Folsomville’s most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Tennyson, IN: less expensive homes
- Heilman, IN: less expensive homes
- Greenbrier, IN: less expensive homes
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- Dale, IN: less expensive homes
Cities with Similar Populations
- Howes Mill, MO: less expensive homes
- Silver, SC: less expensive homes
- Sherwood, TN: higher priced homes
- Sherry, WI: less expensive homes
- Shady Grove, OK: less expensive homes
- Sessums, MS: equally priced homes
- Scotland, MO: higher priced homes
- Independents, SC: less expensive homes
- Hustontown, PA: less expensive homes
- Huntsboro, NC: higher priced homes
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