Falcon Heights, Minnesota is a great place to live with its median housing value of $372,700. This puts the city at around 10% above the US national median housing value of $338,100. Although the rate of appreciation in Falcon Heights over the last year has been lower than average at 4.70%, it still remains higher than for many other cities in the United States. The fact that its housing prices remain relatively stable and yet are higher than the national average makes Falcon Heights a great choice for potential homeowners looking to invest in a desirable and secure market.
The median home cost in Falcon Heights is $372,700. Home appreciation the last 10 years has been 85.8%. Home Appreciation in Falcon Heights is up 9.2%.
Average Age of Homes
- The median age of Falcon Heights real estate is 57 years old
The Rental Market in Falcon Heights
- Renters make up 42.6% of the Falcon Heights population
- 0.2% of houses and apartments in Falcon Heights, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.