What is the median home value in Folsom Borough, NJ?

The median value of owner-occupied homes in Folsom Borough, NJ is $273,700 (±$14,172), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Folsom Borough, the median home value went from $179,400 in 2015–2019 to $273,700 in 2020–2024 (+52.6%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on .

Median home value
$273,700 (±$14,172)
Owner-occupied homes
616 (±73)
Most common range
$200,000 to $299,999

Home values in Folsom Borough

Owner-occupied homes by value, 2020–2024
ValueFolsom BoroughAtlantic CountyNew JerseyUnited States
Less than $50,0004.2% (±2.6 points)3.2%2.5%5.3%
$50,000 to $99,9990.0% (±7.0 points)3.6%1.8%6.1%
$100,000 to $149,9993.1% (±2.2 points)6.0%2.2%6.8%
$150,000 to $199,99910.1% (±3.6 points)11.7%4.3%9.0%
$200,000 to $299,99943.8% (±7.5 points)26.8%12.9%17.8%
$300,000 to $499,99926.5% (±6.5 points)33.5%34.2%26.9%
$500,000 to $999,99911.0% (±5.1 points)11.9%34.5%20.9%
$1,000,000 or more1.3% (±1.3 points)3.3%7.6%7.1%

The most common range is $200,000 to $299,999, 43.8% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Folsom Borough against Atlantic County, its state and the nation

Estimate (90% margin of error)
Folsom BoroughAtlantic CountyNew JerseyUnited States
Median home value$273,700 (±$14,172)$295,000 (±$5,138)$454,400 (±$1,150)$332,700
Owner-occupied homes616 (±73)75,281 (±1,322)2,239,128 (±10,678)84,210,142

In Folsom Borough, the median home value is lower than in Atlantic County ($295,000).

It is also lower than in New Jersey ($454,400).

It is lower than the national figure ($332,700).

In Atlantic County, Folsom Borough ranks 15 of 23 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 484 of 561.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Folsom Borough have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$179,400 (±$10,573)$273,700 (±$14,172)+52.6%Up after inflation
Median owner cost with a mortgage$1,690 (±$70)$1,982 (±$100)+17.3%No measurable change after inflation
Median real estate taxes$3,739 (±$162)$4,256 (±$351)+13.8%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Folsom Borough

Nearest places with a published estimate, compared with Folsom Borough
PlaceDistanceMedian home valueCompared with this place
Folsom Borough—$273,700 (±$14,172)—
Collings Lakes2.4 mi$217,200 (±$37,563)Lower
Hammonton Town6.0 mi$349,800 (±$28,796)Higher
Buena Vista Township6.1 mi$227,300 (±$18,452)Lower
Victory Lakes7.1 mi$271,800 (±$22,363)Not measurably different
Buena Borough7.2 mi$256,800 (±$34,545)Not measurably different
Monroe Township (Gloucester County)8.0 mi$283,100 (±$12,844)Not measurably different
Winslow Township8.0 mi$272,800 (±$8,090)Not measurably different
East Vineland8.9 mi$301,900 (±$144,530)Not measurably different

Nearby places with a measurably lower figure: Collings Lakes, NJ ($217,200), Buena Vista Township, NJ ($227,300).

Nearby places with a measurably higher figure: Hammonton Town, NJ ($349,800).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Atlantic County, place by place

RankPlaceMedian home value
9Egg Harbor Township$312,700 (±$12,143)
10Somers Point$309,200 (±$22,582)
11Estell Manor$307,600 (±$37,962)
12Galloway Township$298,900 (±$15,053)
13Mullica Township$295,600 (±$31,980)
14Absecon$286,300 (±$19,074)
15Folsom Borough$273,700 (±$14,172)
16Buena Borough$256,800 (±$34,545)
17Hamilton Township (Atlantic County)$246,200 (±$15,687)
18Buena Vista Township$227,300 (±$18,452)
19Corbin City$224,400 (±$37,663)
20Atlantic City$207,400 (±$17,514)
21Egg Harbor City$197,100 (±$45,877)

Showing 13 of 23 places in Atlantic County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Folsom Borough

What is the average home value in Folsom Borough, NJ?

The Census Bureau publishes the median: $273,700 (±$14,172) for owner-occupied homes in Folsom Borough (2020–2024 American Community Survey).

Have home values in Folsom Borough gone up?

In Folsom Borough, the median home value went from $179,400 in 2015–2019 to $273,700 in 2020–2024 (+52.6%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Is this what homes in Folsom Borough sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Folsom borough, Atlantic County, New Jersey (county subdivision:23940, in state:34 county:001).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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