There are currently 78 real estate properties in Falcon Heights, MN, with a median automated valuation model (AVM) price of $376,000.00. 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 $382,453.00, with the most expensive house in Falcon Heights, MN, topping out at $657,300.00 and the cheapest home in Falcon Heights, MN, clocking in at $136,000.00. In other words, there’s something for every potential homebuyer or savvy investor 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 $1,780.00. Indeed, when looking to rent in Falcon Heights, MN, you can expect to pay as little as $990.00 or as much as $2,560.00, with the average rent median estimated to be $1,820.00. 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.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Falcon Heights, MN area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Falcon Heights, MN and much more. Save thousands at closing with home foreclosure listings in Falcon Heights, MN — up to 75% off market value!
Falcon Heights is located in Ramsey, Minnesota, with an estimated municipal population of 5,528 residents. All of the best foreclosed homes for sale in Falcon Heights are located in the following zip code areas on Foreclosure.com: 55113 55108. The estimated population per square kilometer (.62 miles) in Falcon Heights is 955.
So, about how much do homes cost in Falcon Heights? The most recent median value of resident-owned homes in Falcon Heights is 289,772. An estimated 56 percent of households in Falcon Heights own their homes, with an average family size of 2.93. The median household income in Falcon Heights is 75,660, with39.4 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Falcon Heights, the median commute time of resident workers (in minutes) is 19.6. And last, but certainly not least, are you looking for homes to rent in Falcon Heights? If so, the average rent price paid by renters in Falcon Heights is 1,062, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Falcon Heights, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Falcon Heights is 33.4, split between 47.2 percent male versus 52.8 female. The percentage of residents who report being married in Falcon Heights is 47.9, with an average family size of 2.93.
The percentage of residents who report their race in Falcon Heights is as follows:
|Black / African American||8.9%|
|American Indian / Alaskan Native||0%|
|Native Hawaiian / Other Pacifc Islander||0.1%|
Looking for family-friendly neighborhoods in and/or near Falcon Heights? Or maybe you are searching for 55+ active adult communities in and/or near Falcon Heights?
The percentage of residents who report their age in Falcon Heights is as follows:
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Falcon Heights with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Falcon Heights.
How do you know that living in -- or moving to -- Falcon Heights is right where you need to be? Perhaps you grew up in Falcon Heights or already live nearby; therefore, the decision to buy a home in Falcon Heights is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Falcon Heights for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Falcon Heights:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Falcon Heights.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Falcon Heights can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Falcon Heights, meanwhile, can field multiple offers from more qualified buyers.