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

36,195

Labor Force

0.9% MoM

4.9% YoY

7/2025

34,745

Employed

1% MoM

5.3% YoY

7/2025

4.0%

Unemployment Rate

0% MoM

11.1% YoY

7/2025

$365,000

Median Sale Price

1.7% MoM

3.9% YoY

8/2025

59

Homes Sold

5.4% MoM

20.4% YoY

8/2025

2.6

Months Inventory

12.7% MoM

12% YoY

8/2025

37

Days on Market

23 MoM

15 YoY

8/2025

152

Listings

18.8% MoM

34.5% YoY

8/2025

184

Price per Sq Ft

4.9% MoM

1.1% YoY

8/2025

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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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