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Today: September 22, 2025

Current Price

$304,637

1 Month Forecast

$306,013

1-Year Forecast *

$321,556

5-Year Forecast *

$367,316

"Is it a good time to buy homes in Rice Lake?" "Does investing in real estate in Rice Lake (Minnesota State, Saint Louis County) worth it?" According to our live Forecast System, buying a house in Rice Lake is a acceptable short-term (1-year) investment*. The Rice Lake average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Rice Lake" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Rice Lake in Minnesota State, Saint Louis County. If you are looking for homes for sale with good flipping profit, Rice Lake can be a profitable property investment option. The median price of an average house in Rice Lake was 304,637 USD on 2025-09-23. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Rice Lake" area is 367,316 USD by 2030-09-23. For a 5-year investment the profit is expected to be around +20.57% meaning that investing 100000 USD today may yield a profit of 20,575 USD by 2030.

Current Median Listing Price: 304,637 USD Median Listing Price Per Square Foot: 169 USD

Rice Lake Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Rice Lake (Minnesota State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2025-2031

The long-term housing forecast is based on all the available median listing price recorded up to today.

Rice Lake Price Target

Rice Lake median home price target in 12 months: $321,556* (upside of 5.6%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2024 $294,883 $304,637 $294,775 $304,819
2023 $278,871 $295,842 $278,633 $296,358
2022 $261,820 $279,534 $261,820 $281,463
2021 $230,080 $258,860 $230,080 $258,860
2020 $209,127 $226,818 $209,127 $226,818
2019 $201,571 $207,740 $201,559 $207,740
2018 $193,811 $201,328 $193,811 $201,328
2017 $183,206 $192,903 $183,206 $192,903
2016 $178,545 $182,347 $178,545 $182,347
2015 $171,733 $178,197 $171,733 $178,197
2014 $164,133 $170,693 $164,133 $170,693
2013 $152,768 $163,367 $152,768 $163,367
2012 $156,760 $152,440 $152,440 $158,638
2011 $161,789 $158,367 $158,367 $161,789

Questions & Answers about the Rice Lake Housing Market Forecast

How much does an average home cost in Rice Lake today?

The value of an average home (the listing price) in Rice Lake is $304,637 USD.

What is the average price per square foot in Rice Lake?

According to Walletinvestor the median price per square foot in Rice Lake is 169 USD.

Will the median listing price of homes in Rice Lake grow / rise / go up?

Yes. The Rice Lake home prices may rise from 304,637 USD to 321,556 USD in one year.

Is it profitable to invest in Rice Lake homes?

Yes. The long-term profit potential is +5.55% in one year.

Will Rice Lake house prices fall / drop?

No. See above.

What is the predicted price of a Rice Lake home in 2030?

The predicted home sales price of a Rice Lake home in 2030 in Rice Lake is 367,316 USD.

What is the predicted price of a Rice Lake home in 2035?

The predicted home sales price of a Rice Lake home in 2035 in Rice Lake is 440,680 USD.

Will real estate prices decrease in Rice Lake?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Rice Lake is the 9960. largest city in the United States, located in Minnesota State.

During the last 12 months the real estate prices in Saint Louis, Rice Lake increased, looking at the past 12 months.

According to Walletinvestor's Rice Lake real estate market research, home values will increase in the next 12 months.

Median home values increased by 0.123% to 304,637 USD, between 2024-09-23 and 2025-09-23

The average annual profit of property investment was:

  • 5.634% in 2020
  • 4.084% in 2021
  • 3.874% in 2022
  • 5.174% in 2023
  • 7.344% in 2024
  • 5.264% in 2025

Based on our Rice Lake real estate market research and report the predicted sales prices will increase by 71.688% in the next 10 years.

Over the last 12 months, the value of homes in Rice Lake fluctuated: increasing 2 times and decreasing 1 times.

Rice Lake (Minnesota) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Rice Lake Housing Market Forecast with Real Estate Prices for 2025
January 2025 306013 284592 327434
February 2025 307394 276962 337826
March 2025 308782 285314 332249
April 2025 310176 293426 326925
May 2025 311576 282288 340864
June 2025 312983 296707 329258
July 2025 314396 297418 331373
August 2025 315815 298129 333500
September 2025 317241 289323 345158
October 2025 318673 289355 347991
November 2025 320111 297063 343159
December 2025 321556 301941 341171
Rice Lake Housing Market Forecast with Real Estate Prices for 2026
January 2026 321887 299355 344420
February 2026 322846 293790 351902
March 2026 324304 293819 354788
April 2026 325768 302313 349223
May 2026 327238 310549 343928
June 2026 328716 309321 348110
July 2026 330200 308737 351663
August 2026 331690 306482 356899
September 2026 333188 316195 350180
October 2026 334692 308251 361132
November 2026 335057 315289 354825
December 2026 334431 316372 352490
Rice Lake Housing Market Forecast with Real Estate Prices for 2027
January 2027 333806 302762 364850
February 2027 333817 305108 362525
March 2027 334165 309771 358559
April 2027 333540 306857 360224
May 2027 333255 311261 355250
June 2027 334760 314674 354845
July 2027 336271 315759 356784
August 2027 337789 304348 371230
September 2027 339314 311490 367138
October 2027 340846 312215 369477
November 2027 342385 320472 364297
December 2027 343930 318823 369037
Rice Lake Housing Market Forecast with Real Estate Prices for 2028
January 2028 344649 325004 364294
February 2028 345484 328210 362758
March 2028 344883 310739 379026
April 2028 344238 321174 367302
May 2028 344112 320024 368200
June 2028 345666 327346 363986
July 2028 347226 315629 378824
August 2028 348794 321239 376348
September 2028 349632 322361 376903
October 2028 350536 317586 383487
November 2028 351480 330391 372569
December 2028 352289 334322 370256
Rice Lake Housing Market Forecast with Real Estate Prices for 2029
January 2029 352934 335287 370581
February 2029 352444 328478 376411
March 2029 352724 322390 383058
April 2029 354316 324908 383724
May 2029 355916 333137 378694
June 2029 357522 329636 385409
July 2029 359136 336152 382121
August 2029 360758 338030 383485
September 2029 362386 335932 388840
October 2029 364022 329440 398604
November 2029 365666 344823 386508
December 2029 367316 336462 398171
Rice Lake Housing Market Forecast with Real Estate Prices for 2030
January 2030 368974 336136 401813
February 2030 370640 337653 403627
March 2030 372313 352208 392418
April 2030 372697 345490 399904
May 2030 373807 340538 407076
June 2030 375494 341324 409664
July 2030 377190 341734 412645
August 2030 378892 348960 408825
September 2030 380603 360431 400775
October 2030 382321 358617 406025
November 2030 384047 364461 403633
December 2030 385781 348360 423201
Rice Lake Housing Market Forecast with Real Estate Prices for 2031
January 2031 387522 356520 418524
February 2031 387945 365832 410058
March 2031 387220 352370 422070
April 2031 386496 359442 413551
May 2031 386509 354042 418976
June 2031 386912 356733 417091
July 2031 386189 359156 413222
August 2031 385859 364637 407081
September 2031 387601 352329 422873
October 2031 389351 357035 421667
November 2031 391108 368424 413793
December 2031 392874 355944 429804
Rice Lake Housing Market Forecast with Real Estate Prices for 2032
January 2032 394648 366233 423062
February 2032 396429 367886 424972
March 2032 398219 363574 432864
April 2032 399051 370718 427384
May 2032 400018 379217 420819
June 2032 399322 373765 424878
July 2032 398575 371074 426077
August 2032 398430 362173 434687
September 2032 400228 365809 434648
October 2032 402035 379923 424147
November 2032 403850 373561 434139
December 2032 404821 370411 439230

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.