Housing in Falcon Heights, MN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$360,000
Median List Price
$389,950
Price Per Sq Ft
$178
Days on Market
35
Active Inventory
3
Months of Supply
1.0
Seller's market
Zillow Home Value
$394,360
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
33.3%
Off Market in 2 Weeks
0.0%
Sale-to-List Ratio
98.8%
Buyer's market
Market Activity
Source: RedfinHomes Sold
3
New Listings
2
Pending Sales
3
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$178
Median List $/SF
$279
Falcon Heights vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Falcon Heights is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$366,800
Median Rent
$1,200
Total Housing Units
2,148
Vacancy Rate
5.0%
Owner Occupied
59.0%
Renter Occupied
41.0%
Median Property Tax
$4,562
per year
Monthly Cost (w/ Mortgage)
$1,428
Housing Types
The current median sale price in Falcon Heights, MN is $360,000 according to Redfin data. Homes spend a median of 35 days on the market. 33.3% of homes sold above asking price. The market has 1.0 months of supply. The median price per square foot is $178. The median rent is $1,200 per month (Census ACS). About 59.0% of housing units are owner-occupied. The median year homes were built is 1960. There are 2,148 total housing units.