From January through June, there were 12 homes sold, with a median sale price of $432,500 - a 16.9 percent increase over the $370,000 median sale price for the same period of the previous year. There were 17 homes sold in Falcon Heights in the first half of 2021.
The median sales tax in Falcon Heights for the most recent year with available data, 2019, was $4,226, approximately one percent of the median home sale price for the first half of 2022.
The following table compares Falcon Heights to other Ramsey County cities with similar median sale prices in the first half of 2022:
| City | January - June 2022 Home Sales | January - June 2021 Home Sales | % change (Total Home Sales) | January - June 2022 Median Sales Price | January - June 2021 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| North Oaks | 23 | 27 | -14.8 | $1,100,000 | $630,000 | 74.6 |
| Arden Hills | 28 | 38 | -26.3 | $457,500 | $380,000 | 20.4 |
| Falcon Heights | 12 | 17 | -29.4 | $432,500 | $370,000 | 16.9 |
| Gem Lake | 2 | 1 | 100 | $405,500 | $330,000 | 22.9 |
| Shoreview | 116 | 112 | 3.6 | $392,500 | $365,550 | 7.4 |
| White Bear Township | 49 | 51 | -3.9 | $375,000 | $330,000 | 13.6 |
| Bellaire | 2 | 3 | -33.3 | $369,000 | $263,000 | 40.3 |
| New Brighton | 97 | 100 | -3 | $360,000 | $316,000 | 13.9 |
| Vadnais Heights | 61 | 56 | 8.9 | $350,000 | $280,500 | 24.8 |
| White Bear Lake | 126 | 113 | 11.5 | $335,000 | $305,000 | 9.8 |
| Mounds View | 59 | 49 | 20.4 | $335,000 | $260,000 | 28.8 |
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