Rice Lake, WI Home Values & Market Trends

Real estate market trends reflect that there have been 165 transactions over the past year in Rice Lake. The median value for residential home transactions that occurred over the previous year is $295,000. The number of current listings in Rice Lake is 252, and the percentage of properties for sale in the city is 252.00%. Rice Lake, WI currently has 3 properties in foreclosure, 0 bank owned properties, 3 properties headed for auction, and 252 properties for sale.

Rice Lake, WI Real Estate Market Overview

ZipMedian Est. Value
54868

$ 295,000

$ 177/sqft

Housing Market Summary for Rice Lake, WI

Sep 2025September 2026Change
Median Listing Price$269.9K$274.9K1.85%
Median Sold Price$302.9K$238.6K-21.22%
Homes For Sale17424540.80%
Homes Sold17470-59.77%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Rice Lake, WI

Rice Lake home values range from $66,377 to $1,195,000. The median estimated value of a home in Rice Lake is $295,000. The median list price of a home is 274,950, and the total count of properties in the city is 321.

Foreclosure
There is 1 zips within Rice Lake, WI; within this zips, the median estimated home value for homes in foreclosure ranges from $275,204 in 54868 to the lowest value of $175,000 in 54868. Foreclosure homes account for 0.00% of properties in Rice Lake, WI with 54868 containing 3 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Rice Lake, WI with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Rice Lake, WI; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Rice Lake, WI ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Rice Lake, WI. There is 1 zips within Rice Lake, WI; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    54868 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Rice Lake, WI. Auction homes and other auction properties account for 0.93% of all properties in Rice Lake, WI. There is 1 zips within Rice Lake, WI; of that zips, the median estimated home value for homes going to auction ranges from $275,204 in 54868 to the lowest value of $175,000 in 54868.
Homes for Sale
Homes and properties that are actively listed for sale account for 78.50% of residential properties in Rice Lake, WI with 54868 containing 252 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Rice Lake, WI; homes for sale in that zips, have a range of median values from $1,195,000 in 54868 to the lowest value of $66,377 in 54868.
    Sold Homes
    The median value for recently sold homes ranges from $776,719 in 54868 to the lowest price of $113,763 in 54868. There is 1 zips within Rice Lake, WI. 54868 has 63 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 19.63% of properties in Rice Lake, WI.

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      Guide for Rice Lake, WI

      Home Buying Guides & Tips
      Wisconsin Foreclosure Laws
      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      See More Articles
      Wisconsin Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Wisconsin Foreclosure Laws

      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.