From October through December of 2020, there were seven homes sold, with a median sale price of $360,000 - a 9.3% increase over the $329,500 median sale price for the same period of the previous year. There were five homes sold in Falcon Heights in the fourth quarter of 2019.
The median sales tax in Falcon Heights for the most recent year with available data, 2019, was $4,226, approximately 1.2% of the median home sale price for the fourth quarter of 2020.
The following table compares Falcon Heights to other Ramsey County cities with similar median sale prices in the fourth quarter of 2020:
| City | Oct. - Dec. 2020 Home Sales | Oct. - Dec. 2019 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2020 Median Sales Price | Oct. - Dec. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Gem Lake | 1 | 1 | 0% | $650,000 | $387,777 | 67.6% |
| North Oaks | 3 | 9 | -66.7% | $635,000 | $610,000 | 4.1% |
| Bellaire | 1 | 3 | -66.7% | $390,000 | $262,000 | 48.9% |
| Arden Hills | 11 | 18 | -38.9% | $375,000 | $357,400 | 4.9% |
| Falcon Heights | 7 | 5 | 40% | $360,000 | $329,500 | 9.3% |
| Shoreview | 51 | 68 | -25% | $350,000 | $284,250 | 23.1% |
| White Bear Township | 14 | 30 | -53.3% | $325,250 | $314,850 | 3.3% |
| New Brighton | 40 | 50 | -20% | $317,950 | $280,000 | 13.6% |
| Roseville | 71 | 94 | -24.5% | $305,000 | $255,875 | 19.2% |
| Vadnais Heights | 20 | 22 | -9.1% | $295,000 | $269,950 | 9.3% |
| White Bear Lake | 51 | 46 | 10.9% | $287,000 | $251,290 | 14.2% |
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