Rice County, MN Housing Market
The median sale price of a home in Rice County was $294K last month, down 16.1% since last year. The median sale price per square foot in Rice County is $165, down 6.0% since last year.
Rice County Housing Market Trends
In October 2025, Rice County home prices were down 16.1% compared to last year, selling for a median price of $294K. On average, homes in Rice County sell after 44 days on the market compared to 26 days last year. There were 64 homes sold in October this year, down from 71 last year.

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View houses in Rice County that sold recently
Recently sold homes
- $300,000 Last Sold Price3 beds2 baths—sq ft119 Woodley St W, Northfield, MN 55057List Price$300,000Sale to List0% over listDays on Market44 days119 Woodley St W, Northfield, MN 55057
- $269,500 Last Sold Price4 beds2 baths—sq ft38 Prairie Ave, Faribault, MN 55021List Price$269,500Sale to List0% over listDays on Market56 days38 Prairie Ave, Faribault, MN 55021
- $330,000 Last Sold Price4 beds3 baths—sq ft308 Erblang Ave, Faribault, MN 55021List Price$324,900Sale to List2% over listDays on Market50 days308 Erblang Ave, Faribault, MN 55021
- $359,000 Last Sold Price2 beds2 baths—sq ft1231 21st St SW, Faribault, MN 55021List Price$359,000Sale to List0% over listDays on Market110 days1231 21st St SW, Faribault, MN 55021
- $310,000 Last Sold Price5 beds2 baths—sq ft19550 Roberds Lake Blvd, Faribault, MN 55021List Price$310,000Sale to List0% over listDays on Market80 days19550 Roberds Lake Blvd, Faribault, MN 55021
- $460,000 Last Sold Price3 beds2 baths—sq ft11698 Morristown Blvd, Morristown, MN 55052List Price$475,000Sale to List3% under listDays on Market132 days11698 Morristown Blvd, Morristown, MN 55052
- $285,900 Last Sold Price5 beds3 baths—sq ft517 Ladonna Ln, Faribault, MN 55021List Price$289,900Sale to List1% under listDays on Market109 days517 Ladonna Ln, Faribault, MN 55021
- $485,000 Last Sold Price3 beds2 baths—sq ft14718 Shieldsville Blvd, Faribault, MN 55021List Price$499,900Sale to List3% under listDays on Market171 days14718 Shieldsville Blvd, Faribault, MN 55021
See all recently sold homes in Rice County.
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Schools in Rice County
- Elementary
- Middle
- High
GreatSchools Rating
9/10 Greenvale Park Elementary School Public • K-5 | 496 Students | 4 reviews |
8/10 Spring Creek Elementary School Public • K-5 | 462 Students | 5 reviews |
7/10 Bridgewater Elementary School Public • K-5 | 527 Students | 2 reviews |
7/10 Morristown Elementary School Public • 5-6 | 112 Students | N/A |
7/10 Roosevelt Elementary School Public • PreK-5 | 425 Students | 2 reviews |
Climate's impact on Rice County housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Rice County.
Flood Factor - Moderate
Flood Factor

Fire Factor - Moderate
Fire Factor

Wind Factor - Minor
Wind Factor

Heat Factor - Minor
Heat Factor

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