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Foreclosure Homes in Rice, VA

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Rice, VA Foreclosures

Current Market Conditions in in Rice, VA As of March 2026?
In the past month, Rice has seen a small uptick in home sales as buyers capitalize on favorable interest rates, leading to a slight increase in prices. This trend is encouraging for sellers, as demand has continued to outstrip the available inventory, indicating a seller's market. The number of properties sold has increased, leading to heightened competition among buyers bidding for homes.
How much do homes sell for in Rice, VA?
The average home price is currently $233,339.
In Rice, VA, how many homes are available?
There are currently 7 active home listings available in Rice.
What’s the average rental cost in Rice, VA?
The average rental price in Rice is $1,140.
What is the most expensive home in Rice?
The most expensive home sold in Rice had a price of $2,230,869.
What is currently the cheapest priced home in Rice, VA?
The cheapest home for sale in Rice is priced at $22,657.

Living in Rice, VA

Rice, Virginia, is a quaint community that provides a serene countryside environment with a tight-knit culture. The area features beautiful natural surroundings and a warm, welcoming population, making it ideal for those seeking a slower-paced life while still enjoying modern amenities.

Buyer vs Seller Market in Rice, VA

The real estate market in Rice, VA, has shown a steady increase in property values, with a growing interest from buyers looking for affordable housing options in a tranquil setting. The area has attracted families and retirees alike, drawn by its quiet charm and low-cost living.

Home Value Estimator For Rice, VA

There are currently 821 real estate properties in Rice, VA, with a median automated valuation model (AVM) price of $207,309.00. 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, VA, 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, VA, is $233,339.00, with the most expensive house in Rice, VA, topping out at $2,230,869.00 and the cheapest home in Rice, VA, clocking in at $22,657.00. In other words, there’s something for every potential homebuyer or savvy investor in Rice, VA!

Rent Prices In Rice, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Rice, VA, is on a rollercoaster ride. The average rent price in Rice, VA, is $1,140.00. Indeed, when looking to rent in Rice, VA, you can expect to pay as little as $660.00 or as much as $2,440.00, with the average rent median estimated to be $1,090.00. The good news is that finding an affordable and desirable property to rent in Rice, VA -- 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, VA Foreclosures


Market Trend for Rice, VA

Total Listings Available: 7

Market Values:

Home Prices from $22,657 to $2,230,869

Average Sales Price: $233,339

Rental Values:

Rental from $660 to $2,440

Average Rent Value: $1,140 / month

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