Falcon Heights, MN — Momentum Score, Home Values & Best-For

All states·Minnesota·Falcon Heights

Ramsey County · Minneapolis-St. Paul-Bloomington · population 5,002

ShrinkingSmall-town feel
View watchlist →
57
Stable
Momentum score · 0–100

Where Falcon Heights stands

At or near all-time high. population shrinking 1.8% per year.

Median home $416,626
1-year +2.9%
5-yr CAGR +2.6%
vs 5-yr peak -0.0%
Population -1.8%/yr

Home value trajectory · last 10 years

Zillow ZHVI · monthly
peak 2026-03$417k$263k$320k$377k$433k201620182020202220242026

Lifestyle scores

🚶
Walkability
25/100
Very car-dependent
Estimated from population density. Higher = denser, more amenities within walking distance.
🚉
Public transit
10/100
Transit limited
Curated list of major US transit systems + population-based estimate. Higher = real subway/rail/bus options.
💻
Remote work fit
50/100
Workable for remote workers
Composite of city size, housing cost, state tax structure, and region's remote-work track record.

Scores are heuristic estimates from population density, state, and known transit/walkable cities. Not based on a paid Walk Score / Transit Score API — see methodology for the formula.

Rent vs buy

Price-to-rent ratio: 27.2
Rent

At a 27.2 price-to-rent ratio, renting beats buying in Falcon Heights for most shorter holds. The premium you pay to own would take many years of rent savings to recoup, and that's before maintenance, taxes, and opportunity cost on the down payment.

How the momentum score breaks down

methodology →
Home YoY
65 · w22%
Home 5-yr CAGR
51 · w22%
Distance from peak
90 · w18%
Population growth
19 · w16%
Home 10-yr CAGR
53 · w10%
Long thesis

Falcon Heights has held up across the cycle: home values at $416,626 with +2.6% 5-year CAGR. The bull case is structural — population, location, employer base — and holds even if next year's print is soft.

Short thesis

Falcon Heights's population is shrinking 1.8% per year. Housing demand has to come from somewhere — if people are leaving, the buyer pool is shrinking faster than the inventory. That eventually shows up in price.

About Falcon Heights

Falcon Heights is a city in Ramsey County, Minnesota, with an estimated population of 5,002. It anchors the Minneapolis-St. Paul-Bloomington metro area. The population has contracted 1.8% per year on average since 2020. The median home value in Falcon Heights is $416,626 as of 2026-04, up 2.9% over the last 12 months. Over the last five years, home values have averaged +2.6% annual growth, with prices at or near the 5-year peak. Rents in Falcon Heights average $1,275 per month. The composite momentum score is 57 of 100 (Stable). Conditions are neither hot nor cold, so the local fit matters more than market timing.

Bull case

Quiet strength: +2.9% over the trailing year — not a melt-up, but the market is bid.
Held the highs: currently -0.0% from the 5-year peak — this market refused to give back gains.

Bear case

Net out-migration: population shrinking 1.8% per year — services, schools, and tax base will follow.
Thin housing market: small population means fewer transactions and slower resale. Liquidity risk on exit.

Playbook

Buyer

Lifestyle fit matters more than market timing in a Stable market. Take your time on the home and neighborhood; the macro trend isn't urgent. Negotiate normally.

Seller

Price competitively from day one or risk a 60+ day listing. Staging, photography, and presentation matter more in Stable markets than in Hot ones.

Investor

Stable cap rates, no big appreciation story to lean on. Underwrite this as a pure cash-flow play — the math has to work on rent alone.

Local safety & alerts

No active National Weather Service alerts for Ramsey County right now.

Public-safety links are official .gov sources, not curated by us. Ramsey County routes NWS alerts; check the state EM portal for non-weather emergencies.

Cities like Falcon Heights

Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.

Climate & natural-disaster risk

Winter (Jan)
22° / 4°
avg high / low
Summer (Jul)
82° / 62°
avg high / low
Sunny days/yr
198
~54% of year
Annual precip
28″ rain
45″ snow
Disaster risk (1=very low, 5=very high)
Hurricane
Very low
Tornado
High
Wildfire
Very low
Earthquake
Very low
Flood
Low

State-level averages from NOAA Climate Normals (1991-2020) and FEMA National Risk Index. City-level conditions can vary significantly within a state.

Local sports teams

Major professional teams the Minneapolis-St. Paul-Bloomington area cheers for. Detailed stats, schedules, and player pages on intherafters.com.

Current weather

Loading current conditions…

7-day forecast on weather.gov →

Find rentals & listings

Open current Falcon Heights listings on the major real-estate sites.

Links open the live search on the destination site — results are always current.

Local economy & environment

Humidity
71%
Humid climate
Median household income
$84,300
Minnesota state median
Top industries (state-level)
Medical DevicesFinanceManufacturing

Humidity is annual average relative humidity (NOAA). Income is Census ACS 5-year estimate. Industries are largest employment sectors statewide (BLS); the local mix in a given city may vary.

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