The story of this market
The typical home in ZIP 70437 sells for about $303,700, or $205 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 48 days to sell. HUD's fair market rent for a two-bedroom is $1,850 a month.
ZIP 70437 — Folsom
The housing market in 70437 remains stable with a median listing price of $447,000 and a moderate pace of sales. Demand is driven by buyers seeking rural lifestyle properties, though the limited inventory and rural geography keep transaction volumes low compared to urban ZIPs.
This ZIP is best suited for families and individuals seeking a rural, quiet lifestyle with larger lot sizes who are comfortable with a commute to nearby Northshore employment centers.
Median prices moved up 2.4% year over year.
Homes spend a median of 48 days on market with 6.2 months of supply — a balanced-paced market.
18% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.8% · poverty 7.2% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 70437, Saint Tammany Parish, LA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in Folsom are generally lower than the national average, with the area characterized by a rural, low-density environment that experiences minimal violent crime compared to larger regional urban centers.
Schools serving the Folsom area are part of the St. Tammany Parish Public School System, which is generally regarded as one of the higher-performing districts in the state of Louisiana.
The area is subject to regional flood risks associated with Louisiana's geography and requires standard wind/hail insurance coverage due to hurricane exposure common to the Northshore region.
Economic momentum is driven by the expansion of the Northshore's residential base and proximity to Covington and Mandeville, though Folsom itself remains largely rural with limited large-scale commercial development.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Louisiana) — Ad Valorem Property Tax Assessment: Property is assessed at 10% of its fair market value. The tax liability is calculated by applying the local millage rate to the assessed value. A homestead exemption of $75,000 of the assessed value is available for owner-occupied primary residences.
Commuting from Folsom typically requires a 20-30 minute drive to reach the employment hubs of Covington or Mandeville via LA-25, with limited public transit options available.
The area features significant outdoor amenities including the Bogue Chitto River for water activities, local equestrian trails, and proximity to rural parks, though major retail shopping is concentrated in neighboring cities.
The rental market is limited in depth, consisting primarily of single-family homes and small-scale rentals, with low vacancy pressure due to the rural nature of the housing stock.
The local economy is primarily driven by agriculture, equestrian services, and small businesses, with residents largely commuting to the broader St. Tammany Parish economy for professional services.
Transportation is entirely auto-dependent, relying on state highways like LA-25 and LA-40 to connect to the regional road network.
Development planning is focused on maintaining the rural character of the area while managing slow, steady growth in residential housing.
The St. Tammany Parish Assessor's office manages property valuations, utilizing a standard assessment cycle for all residential parcels.
Parcels are subject to St. Tammany Parish school and fire district taxes, with no major MUDs or PIDs reported.
Property insurance premiums are influenced by regional hurricane risk, with many properties requiring flood insurance due to proximity to riverine areas.
Louisiana has experienced modest net domestic out-migration, though St. Tammany Parish remains a destination for regional growth.
Louisiana is a judicial foreclosure state, requiring court intervention to complete the foreclosure process.
Louisiana requires sellers to provide a property disclosure document detailing known defects to potential buyers.
Data retrieved from data.census.gov ZCTA 70437 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Large state park offering hiking, canoeing, and camping along the river.
Annual community event highlighting the area's agricultural roots.
Key-figure check: median price diverges 47.2% from the nearest retained anchor (published ten-year series (2025)) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Research outlier held out — this pass returned a median of $447,000 (47.2% off the retained reading), contradicting every independent anchor; the prior reading stands pending corroboration. Validation: the flagged $447,000 (+47.2% vs the published ten-year series (2025)) could not be independently corroborated and was reverted to the prior cycle value pending review; the case is under review in the Command Center.