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 Aug '25, the median home price in St. Anthony Park, Falcon Heights, MN is $376,000, with a year-over-year change of 2.1%. 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 Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $184,000 | -0.5% |
2 Bed | $296,000 | 2.4% |
3 Bed | $376,000 | 2.7% |
4 Bed | $470,000 | 2.8% |
| 5 Bed | $550,000 | 3.0% |
Rental Trends — St. Anthony Park, Falcon Heights, MN
As of Jul '25, the average rent in St. Anthony Park, Falcon Heights, MN is $1,580, with a year-over-year rent change of -12.2%. 1-bedroom units average $1,160 (24.5%); 2-bedroom units average $1,510 (2.0%); 3-bedroom units average $2,870 (-1.0%); 4-bedroom units average $3,070 (23.3%)
| 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 |
Property Listings — St. Anthony Park, Falcon Heights, MN
As of Aug '25 and according to Realtor.com, the median days on market for a home in St. Anthony Park, Falcon Heights, MN is 39. This is an increase of 22.0% from last year. This indicates that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 42.0%. This is a large percentage of inventory, suggesting a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $382,000 | 7.0% |
Listing Count | 33 | N/A |
| Listings as % of Homes | 0.2% | N/A |
Days on Market | 39 | 22.0% |
Demographics — St. Anthony Park, Falcon Heights, MN
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 15,300 | -3.7% |
% Under 18 | 16.7% | 6.4% |
| % Under 5 | N/A | N/A |
% Seniors | 15.9% | 3.2% |
% WFH | 21.8% | 186.8% |
% w/ College Degree | 71.4% | 2.7% |
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 the latest data from the U.S. Department of Housing and Urban Development (HUD) as of 2023, the number of mortgages originated in St. Anthony Park, Falcon Heights, MN in that year was 144. 91.0% of all primary home loans were conventional, the remainder were government-backed loans, such as FHA loans. The average loan-to-value for all loans was 65.0%. Of those, 26.0% were >90% loan to value. This is considered very high, suggesting that mortgage risk is large in St. Anthony Park, Falcon Heights, MN. Investor activity in St. Anthony Park, Falcon Heights, MN is low, as 4.0% of all loans are originated by investors. In 2023, 4.0% of all loans were cash-out refinances, suggesting few homeowners are actively tapping their home's equity.
Mortgages
| Metric | Zip Code Average | Metro Average | State Average |
|---|---|---|---|
Total Loan Originations | 144 | N/A | N/A |
% Conventional Loans | 91.0% | N/A | N/A |
% Government Loans | 9.0% | N/A | N/A |
% Investor Loans | 4.0% | N/A | N/A |
% Second Loans | 0.0% | N/A | N/A |
% Cash Out Refinance | 4.0% | N/A | N/A |
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 homeowners more than the average rental market rate for various home sizes. For each bedroom size, the average difference between HUD payments and market rents is shown in the table below.
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 | Metro Average | State Average |
|---|---|---|---|
| Home Price to Income Ratio | 4.2 | N/A | N/A |
| Median Home Price | $376,000 | N/A | N/A |
| Median Household Income | $84,600 | N/A | N/A |