How much is land worth in Riceville, Iowa?
The median price for land in Riceville, Iowa is currently $29K per acre. For a typical parcel, the median sale price is $980K. Recently, the cheapest land sold for $980K while premium lots reached $980K.
Comprehensive market data and analysis• Updated Oct 2026
39.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | 1 | 1 | 1 | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 1 | 1 | 1 |
Acreage buckets
The median price for land in Riceville, Iowa is currently $29K per acre. For a typical parcel, the median sale price is $980K. Recently, the cheapest land sold for $980K while premium lots reached $980K.
Riceville, Iowa is currently a strong buyer's market with 39.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Riceville, Iowa currently has 39.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
The 3-month absorption rate in Riceville, Iowa is 2.6%. The 12-month rate is 0.6%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Land in Riceville, Iowa typically sells within 39 days of listing. The median time on market is 39 days. Properties are moving quickly in the current strong buyer's market.
Land in Riceville, Iowa averages $29K per acre. The median price per acre is $29K, which may be more representative of typical transactions. Most parcels sold are around 33.8 acres.
Over the past 12 months, Riceville, Iowa saw 1 properties sold, totaling $980K in sales volume. In just the last 3 months, 1 properties changed hands.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
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