Housing in Rice, MN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$308,500
Median List Price
$289,000
Price Per Sq Ft
$158
Days on Market
54
Active Inventory
6
Months of Supply
3.0
Seller's market
Zillow Home Value
$335,181
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
50.0%
Off Market in 2 Weeks
0.0%
Sale-to-List Ratio
99.6%
Buyer's market
Market Activity
Source: RedfinHomes Sold
2
New Listings
1
Pending Sales
2
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$158
Median List $/SF
$173
Rice vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Rice is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$237,600
Median Rent
$1,529
Total Housing Units
697
Vacancy Rate
0.0%
Owner Occupied
88.0%
Renter Occupied
12.1%
Median Property Tax
$2,456
per year
Monthly Cost (w/ Mortgage)
$1,366
Housing Types
The current median sale price in Rice, MN is $308,500 according to Redfin data. Homes spend a median of 54 days on the market. 50.0% of homes sold above asking price. The market has 3.0 months of supply. The median price per square foot is $158. The median rent is $1,529 per month (Census ACS). About 88.0% of housing units are owner-occupied. The median year homes were built is 2003. There are 697 total housing units.