In October 2019, there were two homes sold, with a median sale price of $310,750 - a 0.5% decrease over the $312,250 median sale price for the same period of the previous year. There were two homes sold in Falcon Heights in October 2018, as well.
The median sales tax in Falcon Heights for 2019 was $4,226. In 2018, the median sales tax was $3,884. This marks an increase of 8.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.4%.
The following table compares Falcon Heights to other Ramsey County cities with similar median sales prices in October 2019:
| City | Oct. 2019 Home Sales | Oct. 2018 Home Sales | % change (Total Home Sales) | Oct. 2019 Median Sales Price | Oct. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Gem Lake | 1 | 2 | -50% | $387,777 | $468,750 | -17.3% |
| Arden Hills | 8 | 14 | -42.9% | $352,000 | $351,825 | 0% |
| Little Canada | 5 | 8 | -37.5% | $350,000 | $290,000 | 20.7% |
| Vadnais Heights | 10 | 12 | -16.7% | $319,500 | $157,625 | 102.7% |
| White Bear Township | 11 | 13 | -15.4% | $312,000 | $295,000 | 5.8% |
| Falcon Heights | 2 | 2 | 0% | $310,750 | $312,250 | -0.5% |
| Bellaire | 1 | 0 | - | $300,000 | $0 | - |
| Shoreview | 28 | 19 | 47.4% | $295,950 | $300,000 | -1.4% |
| White Bear Lake | 25 | 19 | 31.6% | $260,000 | $248,500 | 4.6% |
| Maplewood | 36 | 48 | -25% | $258,500 | $237,700 | 8.8% |
| New Brighton | 24 | 25 | -4% | $256,950 | $239,500 | 7.3% |
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