Foreclosure Homes in Rice Lake, WI

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Home Value Estimator For Rice Lake, WI

There are currently 429 real estate properties in Rice Lake, WI, with a median automated valuation model (AVM) price of $193,100.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Rice Lake, WI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Rice Lake, WI, is $235,614.00, with the most expensive house in Rice Lake, WI, topping out at $2,804,100.00 and the cheapest home in Rice Lake, WI, clocking in at $37,700.00. In other words, there’s something for every potential homebuyer or savvy investor in Rice Lake, WI!

Rent Prices In Rice Lake, WI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Rice Lake, WI, is on a rollercoaster ride. The average rent price in Rice Lake, WI, is $1,482.00. Indeed, when looking to rent in Rice Lake, WI, you can expect to pay as little as $900.00 or as much as $2,360.00, with the average rent median estimated to be $1,480.00. The good news is that finding an affordable and desirable property to rent in Rice Lake, WI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Foreclosure Homes in Rice Lake, WI

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Rice Lake, WI area at Get information on foreclosure homes for rent, how to buy foreclosures in Rice Lake, WI and much more. Save thousands at closing with home foreclosure listings in Rice Lake, WI — up to 75% off market value!

Top Reasons To Live In Rice Lake, WI In 2022

Rice Lake is located in Barron, Wisconsin, with an estimated municipal population of 8,509 residents. All of the best foreclosed homes for sale in Rice Lake are located in the following zip code areas on 54868 54822. The estimated population per square kilometer (.62 miles) in Rice Lake is 380.

Cost Of Living In Rice Lake, WI

So, about how much do homes cost in Rice Lake? The most recent median value of resident-owned homes in Rice Lake is 133,653. An estimated 52.7 percent of households in Rice Lake own their homes, with an average family size of 2.8. The median household income in Rice Lake is 44,515, with10.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Rice Lake, the median commute time of resident workers (in minutes) is 14.7. And last, but certainly not least, are you looking for homes to rent in Rice Lake? If so, the average rent price paid by renters in Rice Lake is 712, according to recent statistics.

Diversity And Demographics In Rice Lake, Wisconsin

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Rice Lake, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Rice Lake is 39, split between 47.7 percent male versus 52.3 female. The percentage of residents who report being married in Rice Lake is 43.8, with an average family size of 2.8.

The percentage of residents who report their race in Rice Lake is as follows:

White 94.7%
Black / African American 0.1%
Asian 1.3%
American Indian / Alaskan Native 0.8%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2.4%
Other 0.9%

Looking for family-friendly neighborhoods in and/or near Rice Lake? Or maybe you are searching for 55+ active adult communities in and/or near Rice Lake?

The percentage of residents who report their age in Rice Lake is as follows:

Under 10 11.8%
Aged 10-19 11.2%
20s 12.4%
30s 16.1%
40s 7.1%
50s 11%
60s 12.4%
70s 9.6%
80+ 8.5%

Best Schools In Rice Lake, Wisconsin

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Rice Lake with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Rice Lake.

Pros And Cons Of Living In Rice Lake, Wisconsin

How do you know that living in -- or moving to -- Rice Lake is right where you need to be? Perhaps you grew up in Rice Lake or already live nearby; therefore, the decision to buy a home in Rice Lake is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Rice Lake for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Rice Lake:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Rice Lake.

Reasons To Move To Rice Lake, Wisconsin, In 2022

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Rice Lake can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Rice Lake, meanwhile, can field multiple offers from more qualified buyers.

Rice Lake, WI Foreclosures


Listing types in Rice Lake, WI

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