Little Falls, WI housing market
Home prices around Little Falls have risen about 56% over the past 5 years.
Home values, sales, trends and how Little Falls compares with the towns next door — updated as new data is published.
Home prices up 56% in 5 years
The federal house price index for the ZIP codes around Little Falls rose 56% over the past 5 years, about the same as across Wisconsin. Last year prices rose 12%. Carrying the Census median home value forward with that index puts the typical Little Falls home at roughly $391,000 today.
Show as a table
| Year | Change that year | Since 2000 | Wisconsin since 2000 |
|---|---|---|---|
| 2025 | +12% | +190% | +143% |
| 2024 | +1.7% | +160% | +131% |
| 2023 | +8.7% | +155% | +116% |
| 2022 | +17% | +135% | +95% |
| 2021 | +7.7% | +100% | +70% |
| 2020 | +2.8% | +86% | +54% |
| 2019 | +5.3% | +81% | +50% |
| 2018 | +4.8% | +72% | +43% |
| 2017 | +7% | +64% | +36% |
| 2016 | +5% | +53% | +29% |
| 2015 | +2.2% | +46% | +24% |
| 2014 | +0.2% | +43% | +21% |
| 2013 | +0.2% | +43% | +19% |
| 2012 | −0.4% | +42% | +19% |
| 2011 | +0.8% | +43% | +21% |
| 2010 | 0% | +42% | +25% |
| 2009 | −0.1% | +42% | +31% |
| 2008 | −0.2% | +42% | +36% |
| 2007 | +3.9% | +42% | +38% |
| 2006 | +4.7% | +37% | +36% |
| 2005 | +5.7% | +31% | +32% |
| 2004 | +8.3% | +24% | +21% |
| 2003 | +4.9% | +14% | +13% |
| 2002 | +2.8% | +8.7% | +9.3% |
| 2001 | +5.8% | +5.8% | +5.2% |
| 2000 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 54656, 54615, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost. The estimated value scales the Census (ACS 2020-2024) median home value by that change.
Little Falls and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Little Falls | — | +11.7%† | $1,080 | — | $89,038 |
| Melrose | $244K | +9.7% | $1,180 | — | $74,809 |
| New Lyme | — | +11.7%† | $1,060 | — | $104,844 |
| Sparta | $280K | +5.4% | $1,080 | — | $94,226 |
| Burns | — | −0.6%† | $1,100 | 2 | $99,375 |
| Irving | — | — | $1,060 | 4 | $80,000 |
† FHFA price index change, where Zillow has no home value for the town.
2.6 years of income
The typical Little Falls home costs about 2.6 years of the town's median household income, less than across Wisconsin (4.4 years).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,080
HUD's Fair Market Rent for a two-bedroom in Little Falls is $1,080 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Little Falls pay a median of $1,018. A two-bedroom takes about 15% of the town's median household income.
Studio $740 · 4 bedrooms $1,790
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (54615, 54656; La Crosse-Onalaska, WI-MN HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.