February 2026 brought some notable month-over-month shifts in The Parkway, with typical home values edging down about 1.9 percent to around $760,000 and the median list price slipping slightly to $762,450. Homes also began moving faster, as median days on market dropped by roughly a third compared to the previous month to 49 days. Inventory rose 25 percent month over month to 5 active listings, while 10 new listings came to market and 11 went under contract. Sellers still closed near asking prices, with homes selling for about 97.4 percent of list on average. Only about 14 percent of recent sales closed above list price, underscoring more measured bidding.
Looking back over the past year provides useful context for these recent shifts. Typical home values in The Parkway are down about 9.25 percent year over year, even as the broader Folsom area holds steady around $775,000. Median days on market have risen sharply over the year, up more than 650 percent, signaling that buyers now have more time to evaluate options. Yet pending sales climbed about 22 percent from a year ago, suggesting demand is still present. At the same time, new listings fell nearly 29 percent year over year, which helps explain why conditions still lean toward sellers.
Even with these mixed signals, current gauges still classify The Parkway as a seller's market, and projections for March 2026 show typical values around $752,500 with a median list price near $761,425 and inventory holding at about 5 homes. Compared with Folsom overall, where projected typical values are closer to $790,000, The Parkway sits slightly below the city’s price point while sharing its low-inventory environment. With only a handful of homes for sale and pricing trends shifting month to month, local expertise can make a real difference. Buyers and sellers can both benefit from Agent Pronto’s help in connecting with a skilled local agent who understands these evolving conditions.
