Rice Lake, WI Home Values & Market Trends
Real estate market trends reflect that there have been 295 transactions over the past year in Rice Lake. The median value for residential home transactions that occurred over the previous year is $250,123.07. The number of current listings in Rice Lake is 31, and the percentage of properties for sale in the city is 31.00%. Rice Lake, WI currently has 2 properties in foreclosure, 1 bank owned properties, 1 properties headed for auction, and 31 properties for sale.
Rice Lake, WI Real Estate Market Overview
Zip | Median Est. Value |
---|---|
54868 | $ 284,143 $ 134/sqft |
Housing Market Summary for Rice Lake, WI
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $326.4K | $249.7K | -23.50% |
Median Sold Price | $233.3K | $249.7K | 7.01% |
Homes For Sale | 24 | 30 | 25.00% |
Homes Sold | 157 | 174 | 10.83% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Rice Lake, WI
Browse Homes in Rice Lake, WI
Rice Lake home values range from $19,630 to $2,091,264. The median estimated value of a home in Rice Lake is $250,123.07. The median list price of a home is 317,700, and the total count of properties in the city is 5,705.
- Pre-ForeclosurePre-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 OwnedThe median estimated home value of bank owned homes (REO properties) in Rice Lake, WI ranges from the highest value of $246,369 in 54868 to the lowest value of $246,369 in 54868. Bank owned homes and properties account for 0.02% of properties in Rice Lake, WI. There is 1 zips within Rice Lake, WI; 54868 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions54868 has 1 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 0.02% 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 $75,000 in 54868 to the lowest value of $75,000 in 54868.
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More Real Estate Resources for Rice Lake, WI
Guide for Rice Lake, WI
In Madison, WI homes have seen a gradual increase in property values, and sale price reach just under 500k in early 2024.
Madison’s real estate market continues to robustness, with varied trends across different market segments.
Milwaukee’s real estate market has shown growth with increasing property values and sold prices in the past year. However, the market contrasts with wealthier neighboring cities with higher average sold prices.
Wisconsin Foreclosure Laws