St. Anthony Park, Falcon Heights, MN—55108
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — St. Anthony Park, Falcon Heights, MN
As of Oct '25, the median home price in St. Anthony Park, Falcon Heights, MN is $373,000, with a year-over-year change of 3.2%. This indicates that home prices in St. Anthony Park, Falcon Heights, MN are increasing. According to Zillow, the 1-year price projection is -0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $373,000 | 3.2% |
| Single Family | $387,000 | 3.8% |
| Condos | $215,000 | -0.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $181,000 | -0.5% |
2 Bed | $293,000 | 2.8% |
3 Bed | $374,000 | 3.6% |
4 Bed | $467,000 | 3.8% |
| 5 Bed | $553,000 | 4.3% |
% of Housing Stock
Rental Trends — St. Anthony Park, Falcon Heights, MN
As of July '25, Rentcast reports the average rent in St. Anthony Park, Falcon Heights, MN is $1,580, with a year-over-year rent change of -12.2%. Per bedroom, the median rent as of July '25 in St. Anthony Park, Falcon Heights, MN is studios: $1,070, 1-bedrooms: $1,160, 2-bedrooms: $1,510, 3-bedrooms: $2,870, 4-bedrooms: $3,070. The most common rental property sizes in St. Anthony Park, Falcon Heights, MN are 2-bedroom and 1-bedroom, accounting for 44.6% and 32.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,200 | $1,580 |
| Studio Rent | $950 | $1,070 |
| 1 Bed Rent | $1,130 | $1,160 |
| 2 Bed Rent | $1,420 | $1,510 |
| 3 Bed Rent | $2,600 | $2,870 |
| 4 Bed Rent | $2,000 | $3,070 |
% of Rental Stock
Property Listings — St. Anthony Park, Falcon Heights, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in St. Anthony Park, Falcon Heights, MN is 42. This is a increase of 40.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 14.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $320,000 | -5.0% |
Listing Count | 29 | 8.0% |
| Listings as % of Homes | 0.2% | 8.0% |
Days on Market | 42 | 40.0% |
Demographics — St. Anthony Park, Falcon Heights, MN
As of the latest ACS Survey released in 2023, St. Anthony Park, Falcon Heights, MN has a population of 15,300, which has decreased by -3.7% over the past 5 years. St. Anthony Park, Falcon Heights, MN is a moderately popular place for families, as children make up 16.7% of the population. The area has a highly educated workforce, with 71.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 21.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 15,300 | -3.7% |
% Under 18 | 16.7% | 6.4% |
% Seniors | 15.9% | 3.2% |
% WFH | 21.8% | 186.8% |
% w/ College Degree | 71.4% | 2.7% |
As of the latest ACS Survey released in 2023, St. Anthony Park, Falcon Heights, MN is a predominantly white area, with 74.3% of the population identifying as white. The white population has grown by 3.1% in the last 5 years. The second most common race or ethnicity in St. Anthony Park, Falcon Heights, MN is asian, making up 8.1% of the population. Foreign-born residents account for 11.2% of the population in St. Anthony Park, Falcon Heights, MN, and this percentage has decreased by 35.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 74.3% | 3.1% |
% Black | 8.0% | -3.6% |
% Hispanic | 4.6% | 12.2% |
% Asian | 8.1% | -30.2% |
% Foreign Born | 11.2% | -35.3% |
Mortgage and Risk — St. Anthony Park, Falcon Heights, MN
According to HUD data as of 2023, there were 144 mortgage originations in St. Anthony Park, Falcon Heights, MN, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in St. Anthony Park, Falcon Heights, MN. Investor activity is low, as 4.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 144 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 4.0% |
Loan Activity
Rentals and Section 8 — St. Anthony Park, Falcon Heights, MN
As of 2024, the percent of homes in St. Anthony Park, Falcon Heights, MN under the Section 8 program is 5.5%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in St. Anthony Park, Falcon Heights, MN, because HUD payments exceed market rent, while 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 173 |
Total Units Section 8 | 169 |
% Rentals under Section 8 | 5.5% |
% Occupied Section 8 | 93.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $250 | $1,130 | $1,380 |
| 2 Bedroom | $270 | $1,420 | $1,690 |
| 3 Bedroom | -$350 | $2,600 | $2,250 |
| 4 Bedroom | $520 | $2,000 | $2,520 |
Affordability — St. Anthony Park, Falcon Heights, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.2 |
| Median Home Price | $373,000 |
| Median Household Income | $84,600 |