The Rice Creek Terrace East housing market is most competitive. The median sale price of a home in Rice Creek Terrace East was $308K last month, down 8.9% since last year. The median sale price per square foot in Rice Creek Terrace East is $262, up 63.7% since last year.
What is the housing market like in Rice Creek Terrace East today?
In March 2024, Rice Creek Terrace East home prices were down 8.9% compared to last year, selling for a median price of $308K. On average, homes in Rice Creek Terrace East sell after 12 days on the market compared to 38 days last year. There were 2 homes sold in March this year, down from 4 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$307,500
-8.9% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Rice Creek Terrace East, MN
$307,500
-8.9%
United States
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How hot is the Rice Creek Terrace East housing market?
Rice Creek Terrace East is most competitive. Homes sell in 11 days.
0
100
94
Most 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
Most homes get multiple offers, often with waived contingencies.
The average homes sell for about 4% above list price and go pending in around 11 days.
Hot homes
can sell for about 8% above list price and go pending in around 7 days.
Learn about schools in the Rice Creek Terrace East area
Elementary
Middle
High
GreatSchools Rating
No elementary schools in this region.
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 East housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Rice Creek Terrace East.
Risk Factor
Flood Factor - Minor
5% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Rice Creek Terrace East has a minor risk of flooding. 2 properties in Rice Creek Terrace East are likely to be
severely affected
by flooding over the next 30 years. This represents 5% of all properties in Rice Creek Terrace East. Flood risk is increasing faster than the national average.
5% of properties are at risk of wildfire over the next 30 years
Fire Factor
Rice Creek Terrace East has a moderate risk of wildfire. There are 22 properties in Rice Creek Terrace East that have some risk of being affected by wildfire over the next 30 years. This represents 5% of all properties in Rice Creek Terrace East.
Rice Creek Terrace East has minimal risk of severe winds over the next 30 years
Wind Factor
Rice Creek Terrace East has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.
100% of properties are at minor
risk of heat over the next 30 years
Heat Factor
Rice Creek Terrace East has a minor risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Rice Creek Terrace East have a Minor Heat Factor®.
Rice Creek Terrace East is expected to see a 85% increase in the number of days over 100ºF over the next 30 years. Rice Creek Terrace East is expected to experience 6