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Foreclosures in Rice, MN

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Rice, MN Foreclosures

Current Market Conditions in in Rice, MN As of April 2026?
Over the past month, the Rice real estate market has exhibited a slight uptick in sales activity, with several homes being listed and sold quickly. This increase in transactions suggests growing interest among potential buyers who are recognizing the value of property in this serene community. While prices have remained steady, there is a notable decrease in days on market as buyers are eager to secure homes in this appealing locale.
How much do homes sell for in Rice, MN?
The average home price is currently $374,538.
In Rice, MN, how many homes are available?
There are currently 2 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 $3,272,203.
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, MN, is a charming small town that combines rural tranquility with convenient access to urban amenities. With its beautiful landscapes, strong community ties, and quality schools, Rice is a perfect place for families and retirees alike. Outdoor activities abound, making it an appealing destination for nature lovers.

Buyer vs Seller Market in Rice, MN

The real estate market in Rice, MN, is currently experiencing a stable trend with moderate demand for available homes. Buyers are drawn to the area due to its affordability and appealing lifestyle, leading to a balanced market that benefits both buyers and sellers.

In the past several months, housing prices have seen a gradual increase, but they remain competitive compared to larger nearby cities. This has positioned Rice as an attractive option for first-time homebuyers and those looking for weekend retreats.

Home Value Estimator For Rice, MN

There are currently 3,268 real estate properties in Rice, MN, with a median automated valuation model (AVM) price of $311,866.00. 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 $374,538.00, with the most expensive house in Rice, MN, topping out at $3,272,203.00 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

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