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Rice County Home Values and Market Report

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Report prepared by LakeMinnetonkaRealEstate.com
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Market at a glance

Over the last 12 months, homes sold for 100.0% of list price in 87 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $435K Sold · $425K
$450K$410K$370K$330K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 88 sales in Aug. Last month: 60.

Where the market stands

All homes in this report, by status.

1,129homes
Active297 · 26%
Under contract70 · 6%
Sold (12 mo)762 · 67%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

4.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$500K
Under contract$498K
Sold$386K

Average days on market

Active139 days
Under contract132 days
Sold87 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 297
Average list price $499,673
Avg. days on market 139 days
Avg. price per ft² $218
Avg. living area 2,213 ft²
Avg. beds / baths 3.4 / 2.5

Price vs. living area

Each dot is one of the 250 newest homes. Hover a dot for its address, click it to see the home.

49 homes didn’t report living area and aren’t shown.

4 homes are larger or pricier than this chart’s scale and aren’t shown.

$1.5M$1M$500K$0

Price vs. living area: 197 homes plotted, up to $1.5M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

87 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes among the newest.

7243 Hazelwood Avenue$1,362
6225 Fairbanks Avenue$843
2989 140th Street E$783
112XX Circle Lake Ln Lane$649
10821 160th Street W$648
2038 Legacy Drive$614
3210 Ramsey Street$413

All active listings (297)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
319 8th Street NWFaribault, MN 55021 522,058$175,000$851 day
701 Pointe LaneNorthfield, MN 55057 221,582$349,000$2202 days
210 Willow StreetFaribault, MN 55021 21946$139,900$1472 days
1701 Huron CourtNorthfield, MN 55057 433,552$675,000$1902 days
2908 Hanson CourtFaribault, MN 55021 321,841$499,900$2712 days
2429 Aspen StreetNorthfield, MN 55057 221,993$624,900$3133 days
2505 Aspen StreetNorthfield, MN 55057 322,238$679,900$3033 days
419 Ford Street ENorthfield, MN 55057 221,609$499,900$3103 days
421 Ford Street ENorthfield, MN 55057 221,463$469,900$3213 days
417 Ford Street ENorthfield, MN 55057 321,609$549,900$3413 days
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Questions about this market?

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These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.