October's First-Time Homebuyer Report for River Falls

River Falls is a small city in Wisconsin with a median income of $54,487 per household. Besides being affluent, its population is much older than others with a median age of 24 years. Detached homes account for 72% of the area's current housing market. Heading the list of top schools in the city is River Falls High School.

Culture

If you're looking to explore the leisure side of River Falls, then check out Falls Theatre and Hoffman Park Disc Golf Course, Foursquare's most popular places for arts and entertainment. If you like to dine out, some popular restaurants are Mariachi Loco, McDonalds, and Perkins Restaurant & Bakery. To top it off, one of the most popular places to get a drink is Bo's 'n Mine.

Price Range

Some of the more expensive homes in Wisconsin are in River Falls with a median home value of $171,300 and an average list price for available homes currently at $210,350.

Wonder which homes are generating the most buzz? Here are the most viewed listings in River Falls:

$180K   $242K   $257K  

Typical Dwelling

A three-bedroom detached home valued around $205,353 is considered a typical dwelling in River Falls. If a buyer was looking for a similar home, they would need good credit and a $41,071 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $1,008 and the property tax rate is $17.21 per $1,000 of taxable assessed value.

Get started right now by checking out River Falls homes for sale or reviewing River Falls real estate trends.


Data reported through 10/13/2016

Comments:

Ask a local expert about this area:
Coldwell Banker Burnet
Snapped 2 homes in this area

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