Housing Prices in Rice Lake Township, MN

How much do homes in Rice Lake Township, MN cost?

Median List Price

$285,000

$184/sqft

Based on all homes listed in the last 12 months.

Difference Since April 2023

-$63,900(-18.3%)

Key Takeaway

The list price of homes in Rice Lake Township has decreased by 18.3% since last year.

Summary: The median home list price in Rice Lake Township was $285,000 in April 2024, down 18.3% from the previous year, and the median price per square foot was $184.

Median List Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$129.9K
N/A
2 $79.9K$217.4K
+172.1%
3 $239.9K$334.4K
+39.4%
4 $514.4K$332K
-35.5%
5+ $348.9K-
N/A

Summary: Rice Lake Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 172.1%, 3 bedroom homes increased by 39.4%, 4 bedroom homes decreased by 35.5%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Lakewood Township
+15.9%
Duluth
+13.1%
Gnesen Township
-7.0%
Rice Lake Township
-18.3%

Housing Supply in Rice Lake Township, MN

How many homes are available in Rice Lake Township, MN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
37+133.3%

Summary: The Rice Lake Township real estate market had 7 homes for sale in April 2024, a 133.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 05
+100.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Rice Lake Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Rice Lake Township, MN

How long does it take to sell a home in Rice Lake Township, MN?

Average Listing Age

Apr 2023Apr 2024CHANGE
74 Days42 Days-42.5%

Summary: Homes in Rice Lake Township had an average listing age of 42 days in Apr 2024, down by 42.5% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in Rice Lake Township, MN

Nearby Markets to Rice Lake Township, MN

What housing markets are near Rice Lake Township, MN?