Bill Hill
Rice Real Estate
Bill Hill provides direct guidance for buyers and sellers in Rice, Minnesota. Those seeking a no-nonsense approach to the local real estate market will find clear answers at Pemberton Real Estate.
The Rice housing market is defined by established properties and recent growth. Data shows that 89% of homes are single-family detached structures (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates). The median year homes were built is 2003 (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates). Bill Hill focuses on showing these properties without the typical sales pressure.
Buyers often look at Rice for its relative stability and accessibility. A commute under 30 minutes is common for 77% of the population (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates). Bill Hill helps clients navigate new construction and waterfront options by providing the facts and letting the houses sell themselves.
Selling in Rice requires an understanding of long-term trends. In Benton County, the home price change over five years reached +41.9% (Federal Housing Finance Agency House Price Index, 2020 to 2025). Bill Hill offers seller representation that prioritizes transparency over hype.
By the numbers
Rice, MN at a glance
| Population2020–2024 ACS 5-year estimates | 2,085 |
|---|---|
| Housing units2020–2024 ACS 5-year estimates | 746 |
| Median home value (owner-occupied)2020–2024 ACS 5-year estimates | $266,600 |
| Median monthly rent2020–2024 ACS 5-year estimates | $1,144 |
| Median annual property tax paid2020–2024 ACS 5-year estimates | $2,425 |
| Homes that are owner-occupied2020–2024 ACS 5-year estimates | 89% |
| Homes that are single-family detached2020–2024 ACS 5-year estimates | 89% |
| Median year homes were built2020–2024 ACS 5-year estimates | 2003 |
| Commutes under 30 minutes2020–2024 ACS 5-year estimates | 77% |
| Home price change, 1 year (Benton County)2024 to 2025 | +3.2% |
| Home price change, 5 years (Benton County)2020 to 2025 | +41.9% |
| Average 30-year fixed mortgage rate (U.S.)week of 2026-09-24 | 7.03% |
| Average 30-year fixed mortgage rate a year earlier (U.S.)week of 2025-09-18 | 6.26% |
Sources: U.S. Census Bureau, American Community Survey; Federal Housing Finance Agency House Price Index; Freddie Mac Primary Mortgage Market Survey. Published estimates for the area as a whole, not a valuation of any property.
FAQ
Frequently asked questions
What is the median home value in Rice, Minnesota?↓
The median home value for owner-occupied units in Rice is $266,600 (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates). This figure reflects the local market baseline for buyers and sellers evaluating their options. Bill Hill provides these figures to ensure clients start their search with realistic expectations.
Is Rice a good location for commuters?↓
Rice offers efficient travel times for many residents. According to the U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates, 77% of people have commutes under 30 minutes. Bill Hill identifies properties that fit these logistical needs without adding unnecessary sales fluff.
What kind of housing inventory is available in Rice?↓
The inventory in Rice primarily consists of detached houses. Specifically, 89% of homes are single-family detached properties (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates). Bill Hill assists clients in exploring these detached homes as well as new construction and townhouses.
How many homes in Rice are owner-occupied?↓
Data indicates a high rate of home ownership in the area. Homes that are owner-occupied account for 89% of the total housing stock (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates). This contributes to the specific market dynamics Bill Hill navigates daily.
What are the property taxes like in Rice, MN?↓
Property owners in Rice pay a median annual property tax of $2,425 (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates). Bill Hill includes these costs in his straightforward guidance to help buyers understand the full financial picture of a property.
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