Falcon Heights, MN
Full City Profile · Minnesota · Dakota County County
3.8
/5.0
B+
Good
5,145
Population
2,307/sq mi density
$93,233
Median Income
$50,868 per capita
$366,800
Home Value
$403,548 Zillow
$1,200
Median Rent
30.8% income on rent
45°F
Avg Temperature
270 sunny days/yr
90
Violent Crime/100K
1,857 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$93,233 median income, 3.7% unemployment
A
Affordability
4.5 / 5.0
$366,800 home value, $1,200/mo rent
F
Safety
1.0 / 5.0
90 violent crimes/100K
A+
Education
5.0 / 5.0
74.0% bachelor's degree or higher
Housing Overview
Median Home Value
$366,800
30% above
US avg: $281,900
Median Rent
$1,200/mo
3% above
US avg: $1,163/mo
Homeownership Rate
59.0%
10% below US avg (65.4%)
Total Housing Units
2,155
Median year built: 1958
Home Value by Source
Census Median
$366,800
Zillow (ZHVI)
$403,548
Median Sale Price
$370,000
Median List Price
$382,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
59.0%
Owner-Occupied
41.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$809/mo
1 Bedroom
$899/mo
2 Bedroom
$1,125/mo
3 Bedroom
$1,483/mo
4 Bedroom
$1,698/mo
Census median rent:
$1,200/mo
Market Indicators (Redfin)
Median Days on Market
84 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
3
Price Drops
33.3%
of listings with price reduction
Price Per Sq Ft
$235
Active Inventory
3
homes for sale
Affordability & Housing Stock
Rent Burden
30.8%
of renters spending 30%+ of income on housing
1% below US avg (31.0%)
Median Year Built
1958
Average age of housing stock: 68 years
Homeownership Rate
59.0%
Complete Housing Data
Home Values
| Census Median Value | $366,800 |
| Zillow Home Value (ZHVI) | $403,548 |
| Median Sale Price | $370,000 |
| Median List Price | $382,000 |
| Price Per Sq Ft | $235 |
Rent
| Census Median Rent | $1,200 |
| FMR Studio | $809 |
| FMR 1-Bedroom | $899 |
| FMR 2-Bedroom | $1,125 |
| FMR 3-Bedroom | $1,483 |
| FMR 4-Bedroom | $1,698 |
Market
| Days on Market | 84 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 33.3% |
| Homes Sold | 3 |
| Active Inventory | 3 |
| Price Per Sq Ft | $235 |
Ownership & Stock
| Owner-Occupied | 59.0% |
| Renter-Occupied | 41.0% |
| Homeownership Rate | 59.0% |
| Total Housing Units | 2,155 |
| Median Year Built | 1958 |
| Rent Burden | 30.8% |
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