River Falls, WI
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating River Falls Neighborhoods Since 2000




River Falls, WI Real Estate Data


River Falls Housing Market Information

With a population of 15,269, 5,330 total housing units (homes and apartments), and a median house value of $219,467, River Falls real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in River Falls, accounting for 43.94% of the city's housing units. Other types of housing that are prevalent in River Falls include large apartment complexes or high rise apartments ( 29.61%), row houses and other attached homes ( 16.95%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 8.25%).

People in River Falls primarily live in small (one, two or no bedroom) single-family detached homes. River Falls has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in River Falls built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in River Falls built between 1940-1969 ( 23.83%). A lesser amount of the housing stock also hails from between 2000 and later ( 22.23%). There's also some housing in River Falls built before 1939 ( 12.89%).

River Falls Home Appreciation Rates

Real estate appreciation rates in River Falls's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.62% during the period.

NeighborhoodScout's data show that during the latest twelve months, River Falls's appreciation rate, at 5.33%, has been at or slightly above the national average. In the latest quarter, River Falls's appreciation rate has been 2.70%, which annualizes to a rate of 11.26%.

Importantly, this makes River Falls one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to Wisconsin, our data show that River Falls's latest annual appreciation rate is higher than 60% of the other cities and towns in Wisconsin.

Average Home Values

 

Median Home Value:
$219,467

River Falls, WI HOME PRICES

Value Range
> $1,172,000 0.1
$879,001 - $1,172,000 0.0
$585,001 - $879,000 0.5
$469,001 - $585,000 1.0
$352,001 - $469,000 9.9
$234,001 - $352,000 28.0
$117,001 - $234,000 52.9
$59,001 - $117,000 5.8
$0 - $59,000 1.7

High for WI
High for Nation

Value Relative to Nation Value Relative to State
28.7169877613164 24.0246406570842

Number Of Homes And Apartments:
5,330

Rent & Ownership

 

Average Market Rent:
$995 / per month

Homeownership Rate

Homeownership
Owners 41.59
Renters 58.41
Vacant 4.99

Housing Market Details

 

Age of Homes

AGE OF River Falls HOMES
2000 or Newer 22.2
1970 - 1999 41.1
1940 - 1969 23.8
1939 or Older 12.9

Types of Homes

TYPE OF River Falls HOMES
Single-Family 43.9
Townhomes 17.0
Small Apt. Buildings 8.3
Apt. Complexes 29.6
Mobile Homes 1.2
Other 0.0

Home Size

SIZE OF River Falls HOMES
No Bedroom 0.66
1 Bedroom 15.37
2 Bedrooms 38.50
3 Bedrooms 28.52
4 Bedrooms 13.57
5 or more bedrooms 3.39

River Falls Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
WI*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
23.06% 1.23% 3 2
* 10 is highest