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Rice Lake, Wisconsin Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
35
Sold (12M)
58
Median Price
$40K
Market Condition
Balanced Market

Rice Lake, Wisconsin Market Meter

Buyer'sSeller's
Balanced Market

6.2 months of supply

Market conditions are relatively balanced between buyers and sellers.

Market Overview

Median Price
$40K
Avg Price/Acre
$30K
Avg Days on Market
162
Months of Supply
6.2
YoY Price Change
-
New Listings (3M)
19

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres291531
1-2 acres-127
2-5 acres-124
5-10 acres-136
10-20 acres---1
20-50 acres--13
50-100 acres2556
100+ acres----
TOTAL4172858
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
0-1 acres31 sold / 11 listed
1-2 acres7 sold / 9 listed
2-5 acres4 sold / 4 listed
5-10 acres6 sold / 5 listed
10-20 acres1 sold / 2 listed
20-50 acres3 sold / 1 listed
50-100 acres6 sold / 0 listed

Median Price by Acreage

$0$185K$370K
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50
50- 100

Acreage buckets

Key Market Indicators

Total Sales Volume
$5.0M
Last 12 months
Active Listings
35
Current inventory
Avg Days on Market
162
Time to sell
Price Trend (YoY)
-
Year over year

Rice Lake, Wisconsin Land Market Analysis

How much is land worth in Rice Lake, Wisconsin?

The median price for land in Rice Lake, Wisconsin is currently $30K per acre. For a typical parcel, the median sale price is $40K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $15K while premium lots reached $255K.

Is now a good time to buy land in Rice Lake, Wisconsin?

Rice Lake, Wisconsin is currently a balanced market with 6.2 months of supply. Conditions favor neither buyers nor sellers significantly.

What is the months of supply for land in Rice Lake, Wisconsin?

Rice Lake, Wisconsin currently has 6.2 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.

What is the total land for sale in Rice Lake, Wisconsin?

There are currently 35 active listings in Rice Lake, Wisconsin. 19 new listings have hit the market in the last 90 days. The median asking price is $45K.

Is now a good time to invest in land in Rice Lake, Wisconsin?

The current absorption rate in Rice Lake, Wisconsin is 16.2% (3-month basis), indicating strong demand. The top-performing broker in this market is Whitetail Properties Real Esta.

What is the absorption rate for land in Rice Lake, Wisconsin?

The 3-month absorption rate in Rice Lake, Wisconsin is 16.2%. The 12-month rate is 13.8%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

What is the total amount sold in Rice Lake, Wisconsin last year?

Over the past 12 months, Rice Lake, Wisconsin saw 58 properties sold, totaling $5.0M in sales volume. In just the last 3 months, 17 properties changed hands.

Data Sources & Accuracy

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. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.

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