Falcon Heights, MN Foreclosures
How much do homes sell for in Falcon Heights, MN?
The average home price is currently $428,001.
What’s the average rental cost in Falcon Heights, MN?
The average rental price in Falcon Heights is $1,737.
What is the most expensive home in Falcon Heights?
The most expensive home sold in Falcon Heights had a price of $808,382.
What is currently the cheapest priced home in Falcon Heights, MN?
The cheapest home for sale in Falcon Heights is priced at $155,271.
Living in Falcon Heights, MN
Falcon Heights, MN is a vibrant city known for its strong community, excellent schools, and beautiful parks. Located near the bustling Twin Cities, residents enjoy suburban comfort with urban amenities. The city offers recreational activities, family-friendly events, and a commitment to sustainability, making it an ideal place for families and professionals alike.
Current Market Conditions in Falcon Heights, MN
The real estate market in Falcon Heights is characterized by steady demand and a balanced inventory of homes. The appeal of the area’s well-maintained neighborhoods and its proximity to the Twin Cities have drawn many buyers looking for family-friendly environments and good schools. This has kept home prices relatively stable, with gradual appreciation over the years.
Most homes in Falcon Heights are single-family houses, and there has been an increase in multi-family housing development, catering to both renters and owners. As the Twin Cities continue to expand, Falcon Heights remains at the forefront due to its desirable location and community amenities.
Home Value Estimator For Falcon Heights, MN
There are currently 77 real estate properties
in Falcon Heights, MN,
with a median automated valuation model (AVM) price
of $398,952.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Falcon Heights, MN, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Falcon Heights, MN,
is $428,001.00, with the most expensive house
in Falcon Heights, MN, topping out
at $808,382.00 and the cheapest home
in Falcon Heights, MN,
clocking in at $155,271.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Falcon Heights, MN!
Rent Prices
In Falcon Heights, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Falcon Heights, MN, is on
a rollercoaster ride. The
average rent price in Falcon Heights, MN,
is $1,737.00. Indeed, when looking to rent in
Falcon Heights, MN, you can expect to pay as little
as $1,030.00 or as much
as $2,390.00,
with the average rent median estimated to
be $1,760.00. The good news is that finding
an affordable and desirable property to rent in Falcon Heights, MN
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.