diff --git a/package/python-falcon/python-falcon.hash b/package/python-falcon/python-falcon.hash
index 2d54d27837..ee9a063fe8 100644
--- a/package/python-falcon/python-falcon.hash
+++ b/package/python-falcon/python-falcon.hash
@@ -1,5 +1,5 @@
 # md5, sha256 from https://pypi.org/pypi/falcon/json
-md5  22a5c32f3d9dd96d498febe8e16ddffe  falcon-3.1.3.tar.gz
-sha256  23335dbccd44f29e85ec55f2f35d5a0bc12bd7a509f641ab81f5c64b65626263  falcon-3.1.3.tar.gz
+md5  52f6ca66eb192890b703e99699d9f8e7  falcon-4.0.1.tar.gz
+sha256  fc0d2dd661dea0a61e149d81960a9cbd5b7bd0857749c8aa41fbd69c3a054755  falcon-4.0.1.tar.gz
 # Locally computed sha256 checksums
 sha256  cfc7749b96f63bd31c3c42b5c471bf756814053e847c10f3eb003417bc523d30  LICENSE
diff --git a/package/python-falcon/python-falcon.mk b/package/python-falcon/python-falcon.mk
index 6c96bf16eb..e4f16ed631 100644
--- a/package/python-falcon/python-falcon.mk
+++ b/package/python-falcon/python-falcon.mk
@@ -4,9 +4,9 @@
 #
 ################################################################################
 
-PYTHON_FALCON_VERSION = 3.1.3
+PYTHON_FALCON_VERSION = 4.0.1
 PYTHON_FALCON_SOURCE = falcon-$(PYTHON_FALCON_VERSION).tar.gz
-PYTHON_FALCON_SITE = https://files.pythonhosted.org/packages/3b/30/a7bc770025b6a7a36d0508e3d735dca239df7c27b862856e54d661f24632
+PYTHON_FALCON_SITE = https://files.pythonhosted.org/packages/29/11/66692243aff20eec2269cbc553af1d30c029a6caebd3bd8bf301ba8b2aad
 PYTHON_FALCON_SETUP_TYPE = setuptools
 PYTHON_FALCON_LICENSE = Apache-2.0
 PYTHON_FALCON_LICENSE_FILES = LICENSE