What the Pros Know

67,948

Population

0.6% YoY

2023

36.6

Median Age

0.8% YoY

2022

$78,214

Median Household Income

9.6% YoY

2022

38,241

Labor Force

0.5% MoM

1.4% YoY

8/2024

36,802

Employed

0.3% MoM

0.6% YoY

8/2024

3.8%

Unemployment Rate

5.6% MoM

26.7% YoY

8/2024

$385,000

Median Sale Price

0.0% MoM

14.9% YoY

8/2024

50

Homes Sold

18.0% MoM

34.2% YoY

8/2024

2.3

Months Inventory

38.9% MoM

71.4% YoY

8/2024

22

Days on Market

3 MoM

4 YoY

8/2024

115

Listings

13.9% MoM

13.9% YoY

8/2024

97.8%

Sale Price to List Price

1.6% MoM

2.0% YoY

8/2024

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Cities included in Rice County: Faribault, Northfield, Lonsdale, Dundas, Warsaw, Morristown, Nerstrand


Zip Codes included in Rice County: [Click for zip code level data] 55019, 55021, 55046, 55052, 55053, 55057, 55087, 55088


 1.  Population Data from U.S. Census Bureau.
 2.  Employment Data from Bureau of Labor and Statistics
 3.  Sales Data provided by Redfin, a national real estate brokerage.

MoM = Month over Month. The percentage change from the previous month to the current month.
YoY = Year over Year. The percentage change from the same period the previous year to the current period.

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