Is River Falls, WI 54022 a buyer’s or seller’s market?
River Falls is a seller’s market. With about 2.6 months of supply and 33% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 67% of U.S. ZIP codes, and #175 of 319 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The River Falls housing market right now
In the three months ending August 31, 2026, 33% of homes in River Falls, WI 54022 sold above their list price, the typical home went under contract in 39 days and there were 2.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 93 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (32% then), homes sold faster (46 days then) and the median sale price rose 5% to $444,308. Overall, River Falls is more competitive than a year ago, so tougher for buyers.
Within Pierce County, homes here sell more slowly than in 56% of the county’s ZIP codes, and sell more often over asking than in 56%. On our competition score, River Falls ranks #175 of 319 WI ZIP codes with enough sales (score 64 out of 100).
Nearby, buyers who want less competition could look at Elmwood 54740 (20% sold over asking) or Prescott 54021 (21% sold over asking), while Beldenville 54003 (100% sold over asking) and Bay City 54723 (75% sold over asking) are even more competitive.
Run the numbers for 54022
Nearby markets
Bay City 54723Seller’s market $179 /sq ftBeldenville 54003Buyer’s market $175 /sq ftEllsworth 54011Balanced $229 /sq ftElmwood 54740Seller’s market $231 /sq ft Browse all markets →Towns like River Falls nearby
Find towns like River Falls in other states →Where River Falls is
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Questions about River Falls real estate
Is River Falls a buyer’s or seller’s market?
A seller’s market: there were 2.6 months of supply in River Falls, WI 54022 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in River Falls?
The typical home went under contract in 39 days in the latest three months.
Do homes in River Falls sell over asking?
33% of homes sold above their original list price, and the typical sale closed at 99.4% of the list price.
What are property taxes in River Falls?
About 1.36% of a home’s value a year in Pierce County, or roughly $5,440 on a $400,000 home.
What is the median home price in River Falls?
The median sale price was $444,308 in the three months ending August 31, 2026, about $203 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology