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County Overview

Rice County, Minnesota

Aggregate real estate market report across county ZIPs
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
174
⇧ 19.2%
Pending
58
33% pending ratio
Median Price
$401,660
⇩ 10.2%
Average Price
$516,187
⇩ 1.3%
Days on Market
82.9
⇧ 21%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The Rice County, Minnesota real estate market currently shows 174 active listings, with 58 pending sales. Homes are averaging 82.9 days on the market before going under contract.

Inventory has increased compared to last year, with 28 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 82.9 days on market compared to 68.5 days last year.

The median listing price has fallen 10.2% year-over-year, from $447,513 to $401,660.

Whether you are buying or selling in Rice County, Minnesota, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Included Areas

Dundas: 55019

Faribault: 55021

Lonsdale: 55046

Morristown: 55052

Nerstrand: 55053

Northfield: 55057

Warsaw: 55087

Webster: 55088

Market Context

ZIP coverage: 8  ·  Population: 69,414  ·  Median household income: $81,797

Typical home value: $284,479  ·  Homeownership rate: 75.9%

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings