Riceville, MN is an attractive place to purchase a home due to its relatively low median housing value of $219,600 compared to the US House Median Value of $338,100. The appreciation rate for homes in Riceville has kept in line with the national average over the past year at 8.21%, just barely lower than the 8.27% national 1 year house appreciation rate. This indicates that Riceville is a great option for anyone looking for home ownership with an affordable price tag.
The median home cost in Riceville is $219,600. Home appreciation the last 10 years has been 73.1%. Home Appreciation in Riceville is up 13.6%.
Average Age of Homes
- The median age of Riceville real estate is 54 years old
The Rental Market in Riceville
- Renters make up 2.4% of the Riceville population
- 0.0% of houses and apartments in Riceville, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.