From July through September of 2019, there were 15 homes sold, with a median sale price of $325,000 - a 2.3% decrease over the $332,700 median sale price for the same period of the previous year. There were 22 homes sold in Falcon Heights in the third quarter of 2018.
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 1.3%.
The following table compares Falcon Heights to other Ramsey County cities with similar median sales prices in the third quarter of 2019:
| City | July - Sept. 2019 Home Sales | July - Sept. 2018 Home Sales | % change (Total Home Sales) | July - Sept. 2019 Median Sales Price | July - Sept. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| North Oaks | 15 | 17 | -11.8% | $554,000 | $580,000 | -4.5% |
| Gem Lake | 1 | 2 | -50% | $496,000 | $210,000 | 136.2% |
| Arden Hills | 22 | 31 | -29% | $396,200 | $400,000 | -1% |
| Bellaire | 4 | 5 | -20% | $361,000 | $275,000 | 31.3% |
| Falcon Heights | 15 | 22 | -31.8% | $325,000 | $332,700 | -2.3% |
| Shoreview | 105 | 81 | 29.6% | $312,500 | $295,000 | 5.9% |
| New Brighton | 85 | 71 | 19.7% | $299,000 | $287,000 | 4.2% |
| Roseville | 141 | 107 | 31.8% | $273,000 | $254,000 | 7.5% |
| White Bear Lake | 101 | 117 | -13.7% | $267,000 | $236,000 | 13.1% |
| Little Canada | 41 | 39 | 5.1% | $265,000 | $240,000 | 10.4% |
| Vadnais Heights | 52 | 59 | -11.9% | $262,650 | $265,000 | -0.9% |
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