Is Rice, MN 56367 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Rice is a seller’s market. With about 2.4 months of supply and 29% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply2.4Under 4 months = seller’s market

Sold above original list29%Share of sales, last 3 months

Median sale-to-list99%Sold price ÷ list price

Median days on market28Listing to accepted offer

Median price per sq ft$227▲ +20.6% vs. last year

Run the numbers for 56367

Prefilled for 56367Can I win this house?Multiple-offer likelihood for a listing Prefilled for 56367Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Foley 56329Seller’s market $176 /sq ft Oak Park 56357Buyer’s market $299 /sq ft Sauk Rapids 56379Seller’s market $161 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology