In December 2017, there were five homes sold, with a median sale price of $305,500 - a 13.1% increase over the $270,099 median sale price for the same period of the previous year. There were four homes sold in Falcon Heights in December 2016.
The median sales tax in Falcon Heights for 2017 was $3,140. In 2016, the median sales tax was $3,238. This marks an decrease of 3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1%.
The following table compares Falcon Heights to other Ramsey County cities with similar median sales prices in December 2017:
| City | Dec. 2017 Home Sales | Dec. 2016 Home Sales | % change (Total Home Sales) | Dec. 2017 Median Sales Price | Dec. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Gem Lake | 1 | 0 | - | $895,000 | $0 | - |
| North Oaks | 8 | 4 | 100% | $708,750 | $443,200 | 59.9% |
| Falcon Heights | 5 | 4 | 25% | $305,500 | $270,098.50 | 13.1% |
| Arden Hills | 7 | 7 | 0% | $295,000 | $307,000 | -3.9% |
| Roseville | 29 | 39 | -25.6% | $249,900 | $210,000 | 19% |
| Shoreview | 30 | 30 | 0% | $237,500 | $212,750 | 11.6% |
| Mounds View | 7 | 8 | -12.5% | $235,000 | $161,500 | 45.5% |
| New Brighton | 20 | 12 | 66.7% | $231,000 | $269,000 | -14.1% |
| White Bear Lake | 22 | 16 | 37.5% | $219,700 | $204,500 | 7.4% |
| Maplewood | 29 | 38 | -23.7% | $210,000 | $222,500 | -5.6% |
| Lauderdale | 2 | 3 | -33.3% | $200,164 | $202,000 | -0.9% |
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