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

ZipMedian Est. Value
54868

$ 284,143

$ 134/sqft

Housing Market Summary for Rice Lake, WI

Apr 2023March 2024Change
Median Listing Price$326.4K$249.7K-23.50%
Median Sold Price$233.3K$249.7K7.01%
Homes For Sale243025.00%
Homes Sold15717410.83%
Price
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Homes For Sale
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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 $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.

Foreclosure
There is 1 zips within Rice Lake, WI; within this zips, the median estimated home value for homes in foreclosure ranges from $246,369 in 54868 to the lowest value of $75,000 in 54868. Foreclosure homes account for 0.00% of properties in Rice Lake, WI with 54868 containing 2 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 $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.
  • Auctions
    54868 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.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.54% of residential properties in Rice Lake, WI with 54868 containing 31 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 $999,999 in 54868 to the lowest value of $118,399 in 54868.
    Sold Homes
    The median value for recently sold homes ranges from $1,196,640 in 54868 to the lowest price of $29,856 in 54868. There is 1 zips within Rice Lake, WI. 54868 has 170 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.98% of properties in Rice Lake, WI.

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      Guide for Rice Lake, WI

      Market Reports
      Madison Real Estate Report: House Values Peak at $447K
      Market Reports
      Madison Wisconsin Real Estate Market Report – Mar 2024
      Market Reports
      Milwaukee Real Estate Report, Feb 2024: Market Shows Promising Growth
      Home Buying Guides & Tips
      Wisconsin Foreclosure Laws
      See More Articles
      Madison Real Estate Report: House Values Peak at $447K
      Market Reports|posted 22 April 2024

      In Madison, WI homes have seen a gradual increase in property values, and sale price reach just under 500k in early 2024.

      Madison Wisconsin Real Estate Market Report – Mar 2024
      Market Reports|posted 4 March 2024

      Madison’s real estate market continues to robustness, with varied trends across different market segments.

      Milwaukee Real Estate Report, Feb 2024: Market Shows Promising Growth
      Market Reports|posted 26 February 2024

      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
      Home Buying Guides & Tips|posted 6 June 2013

      Wisconsin Foreclosure Laws

      Recently Listed Homes Rice Lake, WI

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