Rice, MN

Balanced market-2.1% YoY

Housing market overview · Updated weekly

$308,500median sale price

Homes sold

2

Last 12 weeks

Days on market

54

Average pace

Active listings

6

3.0 months supply

Sale-to-list

99.6%

Below asking

The Rice housing market is currently classified as a balanced market with a median sale price of $308,500. Prices have fallen 2.1% compared to last year, with homes spending an average of 54 days on market, indicating 3.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Rice

There are currently 6 homes listed for sale in Rice, Minnesota. The median listing price is $289K.

Active listings

6

Homes on market

Median list price

$289K

Avg. days on market

54

Days until sale

New this week

1

Newly listed

Sale-to-list:99.6%

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Frequently asked questions

What is the average home price in Rice?

The median home sale price in Rice is $308,500, down 2.1% from last year.

How long do homes stay on market in Rice?

Homes typically spend 54 days on market before going under contract.

Is Rice a buyer's or seller's market?

With 3.0 months of supply, Rice is currently a balanced market.

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