County market report · FIPS 27131
Rice County, MN
Faribault-Northfield, MN · Population 67,084 (Census V2020 est.)
Typical value
$350,912
Sep 2026
1M
+0.2%
3M
+0.4%
12M
+2.2%
5Y
+20.4%
10Y
+78.6%
From peak
0.0%
Peak $350,912 · Sep 2026
Rank US / state
1805 / 70
by 12M change
Zillow Home Value Index
Source: Zillow Home Value Index (ZHVI), all homes, smoothed & seasonally adjusted · data through Sep 2026.
Inflection signal
Price-OnlyC · Accelerating Uptrend
r3+0.42%p3+0.05%Acceleration+0.37ppMonths persisting1Evidence (Price-Only)52/100
Inventory, sales & days on market — Phase 2
Supply and demand confirmation is not yet available.
Yearly values (December)
| Year | ZHVI (Dec) | YoY change |
|---|---|---|
| 2025 | $347,332 | +3.9% |
| 2024 | $334,136 | +3.7% |
| 2023 | $322,213 | +3.4% |
| 2022 | $311,642 | +5.9% |
| 2021 | $294,321 | +11.7% |
| 2020 | $263,551 | +8.8% |
| 2019 | $242,128 | +5.1% |
| 2018 | $230,479 | +5.6% |
| 2017 | $218,347 | +8.7% |
| 2016 | $200,784 | +7.4% |
| 2015 | $186,911 | +5.4% |
| 2014 | $177,362 | +4.9% |
| 2013 | $169,068 | +6.1% |
| 2012 | $159,422 | +6.8% |
| 2011 | $149,339 | -10.7% |
| 2010 | $167,235 | -2.0% |
| 2009 | $170,708 | -7.9% |
| 2008 | $185,370 | -5.2% |
| 2007 | $195,462 | -3.3% |
| 2006 | $202,164 | +0.8% |
| 2005 | $200,631 | +8.5% |
| 2004 | $184,891 | +7.6% |
| 2003 | $171,788 | +8.9% |
| 2002 | $157,725 | +8.0% |
| 2001 | $146,092 | +8.9% |
| 2000 | $134,178 | — |