Market Overview
Home Prices in River Falls, WI
The median home value in River Falls, WI is $417,525 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.2% compared to a year ago and up 1.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in River Falls are priced2% above average. River Falls is part of the Minneapolis-St. Paul-Bloomington, MN-WI metro area.
Over the past five years, River Falls home values have risen by approximately21.1%, reflecting strong long-term appreciation in this market.
Price History
River Falls Home Price Trend
City Comparison
River Falls vs. National Median
At $417,525, homes in River Falls cost 2% above the national median of $410,000. Buyers in River Falls should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in River Falls?
20% Down Payment
$83,505
on $417,525
Monthly P&I
$2,178/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,766/mo
incl. taxes & insurance
Income Needed
$110,640
gross annual (30% rule)
10% Down Option
$41,753
+ PMI applies
Loan Amount (20% dn)
$334,020
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in River Falls, WI?
The median home value in River Falls is $417,525 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.2% year-over-year.
How much have home prices changed in River Falls?
Over the past year, home values in River Falls have increased by 2.2%. Over five years, prices have risen approximately 21.1%.
How much do I need to earn to buy a home in River Falls?
To comfortably afford the median home price of $417,525 with a 20% down payment ($83,505) at today's rates (6.8%), you'd need a gross annual income of approximately $110,640. This assumes keeping total housing costs at or below 30% of gross income.
How does River Falls compare to the national average home price?
The national median home value is approximately $410,000. At $417,525, homes in River Falls are 2% above the national average.
What metro area is River Falls part of?
River Falls is part of the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan area. Home prices and market conditions can vary across the broader metro region.