Zip 54868 (Rice Lake, WI) Housing

The housing market in Rice Lake, WI (54868) is flourishing. The median value of homes in the area is $216,000, which is significantly lower than the US median value of $338,100. Over the past year, the appreciation of homes in Rice Lake has been 12.04%, higher than the national average of 8.27%. This is indicative of a strong local housing market with continued growth potential.

The median home cost in Rice Lake (zip 54868) is $216,000. Home appreciation the last 10 years has been 74.1%. Home Appreciation in Rice Lake (zip 54868) is up 14.4%.

Average Age of Homes

- The median age of Rice Lake (zip 54868) real estate is 42 years old

The Rental Market in Rice Lake (zip 54868)

- Renters make up 25.2% of the Rice Lake (zip 54868) population
- 1.0% of houses and apartments in Rice Lake (zip 54868), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Rice Lake, Wisconsin	United States
	7,551.0	139,647,020.0
	45	42
	$216,000	$338,100
	14.4%	16.6%
	56.8%	57.0%
	74.1%	101.1%
	$16.85	$10.98
	$2,824	$2,690
	60.2%	57.4%
	12.6%	11.2%
	27.2%	31.4%
Vacant Housing
	1.0%	1.9%
	0.0%	0.4%
	1.6%	0.7%
	0.1%	0.4%
	6.2%	3.6%
	3.6%	4.1%
Value of Owner-Occupied Housing
	4.1%	2.6%
	0.0%	2.4%
	1.4%	2.8%
	3.8%	3.9%
	7.8%	4.5%
	20.8%	11.3%
	24.7%	13.0%
	19.4%	20.1%
	9.1%	13.6%
	4.5%	8.3%
	3.2%	9.7%
	0.3%	3.9%
	1.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	11.1%	13.6%
	11.1%	13.6%
	13.3%	13.6%
	9.7%	13.2%
	21.7%	14.8%
	13.3%	13.6%
	11.6%	10.0%
	6.1%	4.7%
	12.9%	12.2%

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