From January through December of 2018, there were 58 homes sold, with a median sale price of $296,000 - a 9.6% increase over the $269,950 median sale price for the previous year. There were 56 homes sold in Falcon Heights in 2017.
The median sales tax in Falcon Heights for 2018 was $3,884. In 2017, the median sales tax was $3,140. This marks an increase of 23.7%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.3%.
The following table compares Falcon Heights to other Ramsey County cities with similar median sales prices in 2018:
| City | Jan. - Dec. 2018 Home Sales | Jan. - Dec. 2017 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2018 Median Sales Price | Jan. - Dec. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| North Oaks | 58 | 65 | -10.8% | $615,000 | $600,000 | 2.5% |
| Arden Hills | 93 | 97 | -4.1% | $400,000 | $270,000 | 48.1% |
| White Bear Beach | 5 | 2 | 150% | $375,000 | $377,450 | -0.6% |
| Falcon Heights | 58 | 56 | 3.6% | $296,000 | $269,950 | 9.6% |
| Shoreview | 272 | 389 | -30.1% | $289,950 | $250,000 | 16% |
| Bellaire | 8 | 7 | 14.3% | $282,000 | $278,000 | 1.4% |
| White Bear Township | 113 | 157 | -28% | $275,000 | $264,900 | 3.8% |
| New Brighton | 235 | 264 | -11% | $261,000 | $241,900 | 7.9% |
| Roseville | 409 | 379 | 7.9% | $256,000 | $236,500 | 8.2% |
| Vadnais Heights | 159 | 166 | -4.2% | $246,000 | $223,500 | 10.1% |
| White Bear Lake | 336 | 290 | 15.9% | $242,500 | $225,000 | 7.8% |
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