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Foreclosure Homes in Rice, MN

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Rice, MN Foreclosures

How much do homes sell for in Rice, MN?
The average home price is currently $375,371.
In Rice, MN, how many homes are available?
There are currently 15 active home listings available in Rice.
What’s the average rental cost in Rice, MN?
The average rental price in Rice is $1,580.
What is the most expensive home in Rice?
The most expensive home sold in Rice had a price of $2,184,235.
What is currently the cheapest priced home in Rice, MN?
The cheapest home for sale in Rice is priced at $17,865.

Living in Rice, MN

Rice, Minnesota is a quaint small town known for its welcoming community and beautiful natural surroundings. With access to outdoor recreational activities, a robust school system, and essential local amenities, Rice offers a desirable lifestyle for families and individuals alike. This picturesque area combines the tranquility of rural life with proximity to urban conveniences in nearby communities.

Current Market Conditions in Rice, MN

The real estate market in Rice, MN is currently favorable for buyers, with a variety of home styles available at varying price points. The demand for housing has been stable, with an influx of families looking for quiet neighborhoods and affordable housing options.

Current trends show an increase in interest from first-time homebuyers and those relocating to the area for its appeal as a family-friendly community. Properties here are often characterized by larger lots and a scenic environment.

Home Value Estimator For Rice, MN

There are currently 3,091 real estate properties in Rice, MN, with a median automated valuation model (AVM) price of $317,063.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Rice, MN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Rice, MN, is $375,371.00, with the most expensive house in Rice, MN, topping out at $2,184,235.00 and the cheapest home in Rice, MN, clocking in at $17,865.00. In other words, there’s something for every potential homebuyer or savvy investor in Rice, MN!

Rent Prices In Rice, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Rice, MN, is on a rollercoaster ride. The average rent price in Rice, MN, is $1,580.00. Indeed, when looking to rent in Rice, MN, you can expect to pay as little as $480.00 or as much as $3,320.00, with the average rent median estimated to be $1,550.00. The good news is that finding an affordable and desirable property to rent in Rice, MN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Rice, MN Foreclosures

Market Trend for Rice, MN

Total Listings Available: 15

Market Values:

Home Prices from $17,865 to $2,184,235

Average Sales Price: $375,371

Rental Values:

Rental from $480 to $3,320

Average Rent Value: $1,580 / month

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