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Foreclosure Homes in Rice, TX

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Rice, TX Foreclosures

How much do homes sell for in Rice, TX?
The average home price is currently $217,710.
In Rice, TX, how many homes are available?
There are currently 532 active home listings available in Rice.
What’s the average rental cost in Rice, TX?
The average rental price in Rice is $1,045.
What is the most expensive home in Rice, Texas?
The most expensive home sold in Rice had a price of $2,070,000.
What is currently the cheapest priced home in Rice, TX?
The cheapest home for sale in Rice is priced at $31,673.

Home Value Estimator For Rice, TX

There are currently 532 real estate properties in Rice, TX, with a median automated valuation model (AVM) price of $185,600.00. 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, TX, 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, TX, is $217,710.00, with the most expensive house in Rice, TX, topping out at $2,070,000.00 and the cheapest home in Rice, TX, clocking in at $31,673.00. In other words, there’s something for every potential homebuyer or savvy investor in Rice, TX!


Rent Prices In Rice, TX

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Rice, TX, is on a rollercoaster ride. The average rent price in Rice, TX, is $1,045.00. Indeed, when looking to rent in Rice, TX, you can expect to pay as little as $510.00 or as much as $2,200.00, with the average rent median estimated to be $1,010.00. The good news is that finding an affordable and desirable property to rent in Rice, TX -- 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.


Top Reasons To Live In Rice, TX In 2024

Rice is located in Navarro, Texas, with an estimated municipal population of 974 residents. All of the best foreclosed homes for sale in Rice are located in the following zip code areas on Foreclosure.com: 75155. The estimated population per square kilometer (.62 miles) in Rice is 140.


Cost Of Living In Rice, TX

So, about how much do homes cost in Rice? The most recent median value of resident-owned homes in Rice is 81,481. An estimated 73.5 percent of households in Rice own their homes, with an average family size of 3.46. The median household income in Rice is 60,625, with13.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Rice, the median commute time of resident workers (in minutes) is 21.8. And last, but certainly not least, are you looking for homes to rent in Rice? If so, the average rent price paid by renters in Rice is 859, according to recent statistics.


Diversity And Demographics In Rice, Texas

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Rice, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Rice is 33.4, split between 49.4 percent male versus 50.6 female. The percentage of residents who report being married in Rice is 55.2, with an average family size of 3.46.

The percentage of residents who report their race in Rice is as follows:

White 86.5%
Black / African American 4%
Asian 0%
American Indian / Alaskan Native 0.4%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.2%
Other 7.9%

Looking for family-friendly neighborhoods in and/or near Rice? Or maybe you are searching for 55+ active adult communities in and/or near Rice?

The percentage of residents who report their age in Rice is as follows:

Under 10 15%
Aged 10-19 16%
20s 11.9%
30s 13.4%
40s 15.8%
50s 15.5%
60s 8.4%
70s 3.3%
80+ 0.6%

Best Schools In Rice, Texas

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Rice with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Rice.


Pros And Cons Of Living In Rice, Texas

How do you know that living in -- or moving to -- Rice is right where you need to be? Perhaps you grew up in Rice or already live nearby; therefore, the decision to buy a home in Rice is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Rice for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Rice:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Rice.


Reasons To Move To Rice, Texas, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Rice can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Rice, meanwhile, can field multiple offers from more qualified buyers.

Rice, TX Foreclosures


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