Falcon Heights is a relatively modern residential neighborhood located in Radcliff, Kentucky, featuring a median home age of 15 years. The community has a population of approximately 4,000 residents with a median age of 37, matching the broader Radcliff area. Real estate metrics reflect a balanced residential makeup, including a 58% homeownership rate, a 42% rental rate, and a median estimated home value of $218,000 as of July 2026—a 7.8% increase over the previous month despite a minor 3.2% drop over the past 12 months. Economically, the area stands out with a median household income of $66,719 and an average per capita income of $35,568, both outstripping the citywide averages for Radcliff. Nearby commuters benefit from reasonable drive times, with over 77% reaching work in under 30 minutes, though the suburban layout features a low walkability score of 1.7 out of 5.
Latest Market Update
Market activity in the Falcon Heights neighborhood of Radcliff, Kentucky, reflects recent upward momentum in property values alongside vibrant new construction sales. As of July 2026, the median estimated home value reached $218,000, recovering with a 7.76% monthly gain. Recent transaction activity centers on brand-new 2026 single-family home developments on Kestrel Court and S Osprey Court, featuring 3-bedroom, 3-bathroom configurations around 1,404 square feet. In August 2026, two new active listings entered the market priced at $235,990 ($168/sq ft) and $239,990 ($171/sq ft), alongside a closed sale at $232,900 ($166/sq ft) that achieved a 2.15% price gain over its list price.