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Featured local agent — River Falls, WI
Sarah Mitchell
Compass Real Estate · River Falls, WI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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River Falls, WI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$440,000median sale price
How is the River Falls, WI housing market right now?
The median home sale price in River Falls, WI is $440,000, up 3.5% year-over-year. Homes sell in an average of 41 days with 35 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is River Falls a buyer's or seller's market?
River Falls, WI is currently a strong seller's market, based on 1.5 months of supply and homes selling in about 41 days. How we determine this →
Homes sold
24
Last 12 weeks
Days on market
41
Average pace
Active listings
35
1.5 months supply
Sale-to-list
101.0%
Above asking
What does the River Falls housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $440,000 |
| Median list price | $399,500 |
| Year-over-year price change | +3.5% |
| Average days on market | 41 days |
| Active inventory | 35 listings |
| Months of supply | 1.5 months |
| Sale-to-list price ratio | 101.0% |
| Median price per sq ft | $203/sq ft |
| Homes sold (latest month) | 24 |
| New listings (latest month) | 27 |
| Listings with a price cut | 25.7% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in River Falls by property type?
How the River Falls, WI market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $451,200 | $204/sq ft | 21 | 54 days |
| Condo / Co-op | $325,000 | $227/sq ft | 1 | 57 days |
| Townhouse | $382,500 | $170/sq ft | 2 | 34 days |
Source: Redfin · Updated monthly
The River Falls housing market is currently classified as a strong seller's market with a median sale price of $440,000. Prices have risen 3.5% compared to last year, with homes spending an average of 41 days on market, indicating 1.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.3x provides context for how home values compare to local earning capacity.
Homes for sale in River Falls
There are currently 35 homes listed for sale in River Falls, Wisconsin. The median listing price is $400K.
Active listings
35
Homes on market
Median list price
$400K
Avg. days on market
41
Days until sale
New this week
27
Newly listed
Who lives in River Falls?
Population
16,349
Median income
$78,078/yr
Median age
27.9 years
Owner-occupied
58.7%
College grads
44.1%
Avg commute
21.4 min
Source: U.S. Census Bureau ACS
What are homes worth in River Falls?
Zillow home value
$417,525
Zillow rent index
$1,513/mo
Price-to-rent ratio
23.0x
Price-to-income
5.3x
Source: Zillow Research
What is it like to live in River Falls?
River Falls is a community of approximately 16K residents with a median age of 27.9 years.The median household income is $78,078, which reflects a relatively affluent area with strong earning potential. 44.1% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 58.7%, showing a blend of owner and renter-occupied properties. The average commute time is 21.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, River Falls offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve River Falls?
9 schools tracked · 3,452 students
The largest public schools serving River Falls, WI by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
River Falls High
Grades 9-12 · 1,082 students
Meyer Middle
Grades 6-8 · 731 students
Rocky Branch Elementary
Grades PK-5 · 412 students
Westside Elementary
Grades PK-5 · 411 students
Greenwood Elementary
Grades K-5 · 401 students
River Falls 4 Children
Grades PK · 192 students
River Falls Public Montessori Academy
Grades PK-6 · 182 students
Renaissance Charter Academy
Grades 9-12 · 41 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near River Falls, WI?
Want a head-to-head view? Compare River Falls side-by-side with any other U.S. city using our market-comparison tool.
Is River Falls a good real estate investment market?
For investors evaluating River Falls, the price-to-rent ratio of 23.0x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 3.5% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on River Falls's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using River Falls's median home price.
Frequently asked questions
What is the average home price in River Falls?
The median home sale price in River Falls is $440,000, up 3.5% from last year.
How long do homes stay on market in River Falls?
Homes typically spend 41 days on market before going under contract.
What is the median income in River Falls?
The median household income is $78,078 per year.
Is River Falls a buyer's or seller's market?
With 1.5 months of supply, River Falls is currently a strong seller's market.
What is the Zillow home value estimate for River Falls?
The Zillow Home Value Index (ZHVI) for River Falls is $417,525, representing the typical home value in the area.
What is the median condo price in River Falls?
The median condo/co-op sale price in River Falls, WI is $325,000, compared to $451,200 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in River Falls?
The median single-family home price in River Falls, WI is $451,200 (about $204 per square foot).
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