$4,452 Closing Credit*
$374,900
1,724 SqFt
3 Beds
•1 Full Bath, 1 Partial
Listing Office: Real Broker, LLC
Is Falcon Heights, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Falcon Heights has remained a Seller's Market.
Key Takeaway
Falcon Heights is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Falcon Heights, MN
How much do homes in Falcon Heights, MN cost?
Median Sold Price
$400,000
$204/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$9,500(-2.3%)
Key Takeaway
Homes in Falcon Heights have sold for 2.3% less than they did a year ago.
Summary: The median home sold price in Falcon Heights was $400,000 in November 2024, down 2.3% from last year, and the median price per square foot was $204.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $130K | $178K | +36.9% |
| 2 Bedrooms | $304.7K | $325K | +6.6% |
| 3 Bedrooms | $404K | $421.5K | +4.3% |
| 4 Bedrooms | $435K | $441K | +1.4% |
| 5+ Bedrooms | $535K | $459.5K | -14.1% |
Summary: Falcon Heights housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 36.9%, 2 bedroom homes increased by 6.6%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes decreased by 14.1%.
Median Sold Price Compared To Nearby Cities
| Roseville | $340K | $360K | +5.9% |
| Saint Paul | $278.5K | $290K | +4.1% |
| Falcon Heights | $409.5K | $400K | -2.3% |
| Lauderdale | $275K | $221.2K | -19.5% |
Housing Supply in Falcon Heights, MN
How many homes are available in Falcon Heights, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 11 | -15.4% |
Summary: The Falcon Heights real estate market had 11 homes for sale in November 2024, a 15.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 7 | 4 | -42.9% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Falcon Heights housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 42.9%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Falcon Heights, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Falcon Heights in November 2024, the same as the previous month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Falcon Heights, MN
How long does it take to sell a home in Falcon Heights, MN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 14 Days | 61 Days | +335.7% |
Summary: Homes in Falcon Heights had an average of 61 days on market in Nov 2024, up by 335.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Falcon Heights has remained consistent over time.
Summary: During November 2024, 4 homes were sold in Falcon Heights; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
