The Unshakable Investor

Unshakable ZIP Data 55803 | Rice Lake, MN Housing Market

Rice Lake · Saint Louis County · Duluth, MN-WI metro · Minnesota · Data updated June 19, 2026

The median sale price in ZIP 55803, Rice Lake, Minnesota is $364,892 at $234 per square foot. 38 single-family homes sold in the latest period, up 12.0 percent from a year earlier. Homes sit a median of 17 days on market with 2.8 months of supply. Sellers are getting 100.8 percent of list price and 48.7 percent of homes sold above asking.

Seller's market. No room for sloppy offers.

Value anchors

MetricValueYear over year
Average single-family value$358,246
Average price per sq ft$230
Median sale price$364,892
Median sale price per sq ft$234
Median home size1,557 sq ft
Median new listing price$396,560+8.7%
National size rank6,692

Sales activity

MetricValueYear over year
Homes sold38+12.0%
Median days on market17 days
Months of supply2.8 months
New listings69+3.0%
Active listings86+0.1%
Pending sales51+49.1%

Pricing power

MetricValueYear over year
Average sale-to-list ratio100.8%-0.1 pts
Share sold above list48.7%+4.5 pts

Bedroom value anchors

Average values by bedroom count. Value anchors for orientation, not appraisals.

1-bedroom
$216,643
2-bedroom
$300,044
3-bedroom
$376,440
4-bedroom
$456,028
5-bedroom
$524,824

These figures describe the single-family market for Rice Lake, Minnesota ZIP 55803. They are market context, not a substitute for sold comps or a formal appraisal.