The Rice Creek Terrace West housing market is very competitive. The median sale price of a home in Rice Creek Terrace West was $384K last month, up 9.6% since last year. The median sale price per square foot in Rice Creek Terrace West is $221, up 53.5% since last year.
What is the housing market like in Rice Creek Terrace West today?
In October 2024, Rice Creek Terrace West home prices were up 9.6% compared to last year, selling for a median price of $384K. On average, homes in Rice Creek Terrace West sell after 15 days on the market compared to 19 days last year. There were 2 homes sold in October this year, up from 1 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$383,500
+9.6% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Rice Creek Terrace West, MN
$383,500
+9.6%
United States
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How hot is the Rice Creek Terrace West housing market?
Rice Creek Terrace West is very competitive. Homes sell in 12 days.
0
100
89
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 6% above list price and go pending in around 12 days.
Hot homes
can sell for about 12% above list price and go pending in around 5 days.
Learn about schools in the Rice Creek Terrace West area
Elementary
Middle
High
GreatSchools Rating
4/10
Hayes Elementary School
Public • PreK-4
479
Students
11 reviews
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Rice Creek Terrace West housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Rice Creek Terrace West.
Flood Factor - Minor
12% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Rice Creek Terrace West has a minor risk of flooding. 13 properties in Rice Creek Terrace West are likely to be
severely affected
by flooding over the next 30 years. This represents 12% of all properties in Rice Creek Terrace West. Flood risk is increasing faster than the national average.
9% of properties are at risk of wildfire over the next 30 years
Fire Factor
Rice Creek Terrace West has a moderate risk of wildfire. There are 27 properties in Rice Creek Terrace West that have some risk of being affected by wildfire over the next 30 years. This represents 9% of all properties in Rice Creek Terrace West.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Rice Creek Terrace West has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Rice Creek Terrace West is most at risk from severe storms. 300 properties in Rice Creek Terrace West have some risk of being in a severe wind event within the next 30 years.
100% of properties are at minor
risk of heat over the next 30 years
Heat Factor
Rice Creek Terrace West has a minor risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Rice Creek Terrace West have a Minor Heat Factor®.
Rice Creek Terrace West is expected to see a 85% increase in the number of days over 100ºF over the next 30 years. Rice Creek Terrace West is expected to experience 6