The Rice Lake North housing market is very competitive. The median sale price of a home in Rice Lake North was $288K last month, up 2.9% since last year. The median sale price per square foot in Rice Lake North is $133, up 6.4% since last year.
What is the housing market like in Rice Lake North today?
In January 2025, Rice Lake North home prices were up 2.9% compared to last year, selling for a median price of $288K. On average, homes in Rice Lake North sell after 15 days on the market compared to 43 days last year. There were 12 homes sold in January this year, up from 3 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$288,250
+2.9% YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
Rice Lake North, MN
$288,250
+2.9%
United States
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How hot is the Rice Lake North housing market?
Rice Lake North is very competitive. Homes sell in 18 days.
0
100
88
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 9 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 18 days.
Hot homes
can sell for about 4% above list price and go pending in around 11 days.
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 Lake North housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Rice Lake North.
Flood Factor - Minor
3% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Rice Lake North has a minor risk of flooding. 11 properties in Rice Lake North are likely to be
severely affected
by flooding over the next 30 years. This represents 3% of all properties in Rice Lake North. Flood risk is increasing faster than the national average.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Rice Lake North has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Rice Lake North is most at risk from severe storms. 1,142 properties in Rice Lake North have some risk of being in a severe wind event within the next 30 years.