January's First-Time Homebuyer Report for Rice

Rice is an average-sized city in Texas with 923 residents. Its population is also growing slightly faster than others at a 10-year growth rate of 40.6%. Rice is an area where most people own their homes, with an ownership ratio of 64.1%. The top school in the city is Rice Elementary School.

Price Range

The housing prices of Rice are close to the state average with a median home value of $78,400 and a current average list price of $109,529. Once again, no deals were completed in the Rice market over the last 30 days. Rice is used to having 0.2 sales per month.

Curious as to which homes have been getting the most attention in Rice? These listings have stirred up interest and produced the most views:

$130K  

Typical Dwelling

A four-bedroom detached home valued around $81,000 is considered a typical dwelling in Rice. If a buyer was looking for a similar home, they would need good credit and a $16,200 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $136 and the property tax rate is $14.22 per $1,000 of taxable assessed value.

Get started right now by checking out Rice homes for sale or reviewing Rice real estate trends.


Data reported through 1/12/2017

Comments:


Ā©2017 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by Black Knight Financial Services. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.