Numerical studies were conducted on the hydrodynamics of a freely falling rigid sphere in bounded and unbounded water domains to investigate the drag coefficient, normalized velocity, pressure coefficient, and skin friction coefficient as a function of dimensionless time. The bounded domain was simulated by bringing the cylindrical water container’s wall closer to the impacting rigid sphere and linking it to the blockage ratio (BR), defined as the ratio of the projection area of a freely falling sphere to that of the cross-sectional area of the cylindrical water container. Six cases of bounded domains (BR = 1%, 25%, 45%, 55%, 65%, and 75%) were studied. However, the unbounded domain was considered with a BR of 0.01%. In addition, the k–ω shear stress transport (SST) turbulence model was used, and the computed results of the bounded domain were compared with those of other studies on unbounded domains. In the case of the bounded domain, which has a higher value of BR, a substantial reduction in normalized velocity and an increase in the drag coefficient were found. Moreover, the bounded domain yielded a significant increase in the pressure coefficient when the sphere was half-submerged; however, an insignificant effect was found on the skin friction coefficient. In the case of the unbounded domain, a significant reduction in the normalized velocity occurred with a decrease in the Reynold number (Re), whereas the drag coefficient increases with a decrease in Reynolds number.