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Metro areas › Rice Lake, WI

Micropolitan area

Rice Lake, WI

Wisconsin · 1 county · 46,484 residents (2025 est.)

FHFA annual index 1985–2025Developmental CBSA indexPermits through August 2026
FHFA house price index for Rice Lake, WI, annual from 1985 to 2025, with the national index rebased to the same start and NBER recessions shadedRecession 1990–91Recession 2001Recession 2007–09Recession 202001002003004005001990200020102020United States2025: 479
Rice Lake (100 = first year)United States, rebased to the same startNBER recession

FHFA notes: The FHFA HPI is a broad measure of the movement of single-family house prices. The FHFA HPI is a weighted, repeat-sales index, meaning that it measures average price changes in repeat sales or refinancings on the same properties. FHFA describes its annual CBSA indexes as developmental and subject to revision. The index does not give a dollar value for any home.

Rice Lake, WI is a micropolitan statistical area of 1 county and about 46,000 residents. FHFA's annual index for it begins in 1985 and has risen +378.7% through 2025.

Over the ten years to 2025 the annual index rose +100.9% (+7.2% a year), above Wisconsin at +95.5% and well above the national +85.0%.

From a 2007 peak the index fell −13.3% to 2013, regaining the peak in 2018.

Across its counties, 158 housing units were authorised in the 12 months to August 2026, 3.4 per 1,000 residents, +14.5% on the previous 12 months.

+5.3%1 year, 2024–2025US +2.8%
+61.9%5 yearsUS +47.0%
+100.9%10 years+7.2% a year annualised
+156.3%since 2000US +158.3%
158units permitted, 12 months3.4 per 1,000 residents

Same span, three levels

Change in the FHFA indexRice LakeWisconsinUnited States
1 year (2024–2025)+5.3%+5.4%+2.8%
5 years (2020–2025)+61.9%+57.4%+47.0%
10 years (2015–2025)+100.9%+95.5%+85.0%
20 years (2005–2025)+92.5%+84.7%+79.1%
Since 2000+156.3%+143.0%+158.3%
Since 1985+378.7%+388.0%+376.3%
10-year annualised+7.2%+6.9%+6.3%
20-year annualised+3.3%+3.1%+3.0%

FHFA annual all-transactions indexes over identical years.

Decade by decade

DecadeChangeUnited States
1990s (1990–2000)+81.2%+33.9%
2000s (2000–2010)+28.0%+29.7%
2010s (2010–2020)+23.7%+35.5%
2020s so far (2020–2025)+61.9%+47.0%

FHFA reports each index with a value of 100 in its base period, the first year the area has enough transactions (1985 here). A decade's change is the index at the end of the decade divided by the index at the start, so it does not depend on the base year; the United States column covers the same years. Decades before 1985 are not shown.

Peak-to-low declines

PeakLowDeclinePeak regained
20072013−13.3%2018

Building permits across the area

Housing units authorised in the area's county (OMB July 2023 delineations), summed from county files.

Housing units authorised in the Rice Lake, WI area by month, latest 12 months0102030Sep 2025: 15 units (13 single-family, 2 in multi-unit buildings)Sep 2025Oct 2025: 25 units (21 single-family, 4 in multi-unit buildings)Oct 2025Nov 2025: 6 units (6 single-family, 0 in multi-unit buildings)Nov 2025Dec 2025: 5 units (5 single-family, 0 in multi-unit buildings)Dec 2025Jan 2026: 2 units (2 single-family, 0 in multi-unit buildings)Jan 2026Feb 2026: 2 units (2 single-family, 0 in multi-unit buildings)Feb 2026Mar 2026: 11 units (9 single-family, 2 in multi-unit buildings)Mar 2026Apr 2026: 20 units (20 single-family, 0 in multi-unit buildings)Apr 2026May 2026: 17 units (17 single-family, 0 in multi-unit buildings)May 2026Jun 2026: 15 units (15 single-family, 0 in multi-unit buildings)Jun 2026Jul 2026: 28 units (28 single-family, 0 in multi-unit buildings)Jul 2026Aug 2026: 12 units (12 single-family, 0 in multi-unit buildings)Aug 2026

Housing units authorised in the Rice Lake, WI area by month, latest 12 monthssingle-family2+ unit buildings

Housing units authorised in the Rice Lake, WI area by month, latest 60 months02040Sep 2021: 0 units (0 single-family, 0 in multi-unit buildings)Sep 2021Oct 2021: 0 units (0 single-family, 0 in multi-unit buildings)Nov 2021: 0 units (0 single-family, 0 in multi-unit buildings)Dec 2021: 0 units (0 single-family, 0 in multi-unit buildings)Jan 2022: 3 units (3 single-family, 0 in multi-unit buildings)Feb 2022: 2 units (2 single-family, 0 in multi-unit buildings)Mar 2022: 5 units (3 single-family, 2 in multi-unit buildings)Apr 2022: 14 units (14 single-family, 0 in multi-unit buildings)May 2022: 26 units (20 single-family, 6 in multi-unit buildings)Jun 2022: 17 units (17 single-family, 0 in multi-unit buildings)Jul 2022: 13 units (11 single-family, 2 in multi-unit buildings)Aug 2022: 19 units (19 single-family, 0 in multi-unit buildings)Sep 2022: 9 units (9 single-family, 0 in multi-unit buildings)Sep 2022Oct 2022: 13 units (11 single-family, 2 in multi-unit buildings)Nov 2022: 12 units (10 single-family, 2 in multi-unit buildings)Dec 2022: 1 units (1 single-family, 0 in multi-unit buildings)Jan 2023: 1 units (1 single-family, 0 in multi-unit buildings)Feb 2023: 4 units (4 single-family, 0 in multi-unit buildings)Mar 2023: 4 units (4 single-family, 0 in multi-unit buildings)Apr 2023: 4 units (4 single-family, 0 in multi-unit buildings)May 2023: 18 units (16 single-family, 2 in multi-unit buildings)Jun 2023: 31 units (27 single-family, 4 in multi-unit buildings)Jul 2023: 15 units (11 single-family, 4 in multi-unit buildings)Aug 2023: 20 units (20 single-family, 0 in multi-unit buildings)Sep 2023: 20 units (20 single-family, 0 in multi-unit buildings)Sep 2023Oct 2023: 33 units (13 single-family, 20 in multi-unit buildings)Nov 2023: 5 units (5 single-family, 0 in multi-unit buildings)Dec 2023: 3 units (1 single-family, 2 in multi-unit buildings)Jan 2024: 3 units (3 single-family, 0 in multi-unit buildings)Feb 2024: 8 units (8 single-family, 0 in multi-unit buildings)Mar 2024: 13 units (13 single-family, 0 in multi-unit buildings)Apr 2024: 20 units (18 single-family, 2 in multi-unit buildings)May 2024: 31 units (29 single-family, 2 in multi-unit buildings)Jun 2024: 11 units (11 single-family, 0 in multi-unit buildings)Jul 2024: 16 units (12 single-family, 4 in multi-unit buildings)Aug 2024: 14 units (12 single-family, 2 in multi-unit buildings)Sep 2024: 16 units (16 single-family, 0 in multi-unit buildings)Sep 2024Oct 2024: 13 units (11 single-family, 2 in multi-unit buildings)Nov 2024: 10 units (8 single-family, 2 in multi-unit buildings)Dec 2024: 3 units (3 single-family, 0 in multi-unit buildings)Jan 2025: 6 units (1 single-family, 5 in multi-unit buildings)Feb 2025: 9 units (9 single-family, 0 in multi-unit buildings)Mar 2025: 10 units (8 single-family, 2 in multi-unit buildings)Apr 2025: 13 units (13 single-family, 0 in multi-unit buildings)May 2025: 12 units (12 single-family, 0 in multi-unit buildings)Jun 2025: 15 units (15 single-family, 0 in multi-unit buildings)Jul 2025: 15 units (15 single-family, 0 in multi-unit buildings)Aug 2025: 16 units (12 single-family, 4 in multi-unit buildings)Sep 2025: 15 units (13 single-family, 2 in multi-unit buildings)Sep 2025Oct 2025: 25 units (21 single-family, 4 in multi-unit buildings)Nov 2025: 6 units (6 single-family, 0 in multi-unit buildings)Dec 2025: 5 units (5 single-family, 0 in multi-unit buildings)Jan 2026: 2 units (2 single-family, 0 in multi-unit buildings)Feb 2026: 2 units (2 single-family, 0 in multi-unit buildings)Mar 2026: 11 units (9 single-family, 2 in multi-unit buildings)Apr 2026: 20 units (20 single-family, 0 in multi-unit buildings)May 2026: 17 units (17 single-family, 0 in multi-unit buildings)Jun 2026: 15 units (15 single-family, 0 in multi-unit buildings)Jul 2026: 28 units (28 single-family, 0 in multi-unit buildings)Aug 2026: 12 units (12 single-family, 0 in multi-unit buildings)

Housing units authorised in the Rice Lake, WI area by month, latest 60 monthssingle-family2+ unit buildings

Housing units authorised in the Rice Lake, WI area by year, 1995–202502004006001995: 207 units (207 single-family, 0 in multi-unit buildings)19951996: 225 units (225 single-family, 0 in multi-unit buildings)1997: 214 units (214 single-family, 0 in multi-unit buildings)1998: 291 units (291 single-family, 0 in multi-unit buildings)1999: 294 units (242 single-family, 52 in multi-unit buildings)2000: 337 units (253 single-family, 84 in multi-unit buildings)20002001: 333 units (285 single-family, 48 in multi-unit buildings)2002: 370 units (258 single-family, 112 in multi-unit buildings)2003: 492 units (327 single-family, 165 in multi-unit buildings)2004: 391 units (305 single-family, 86 in multi-unit buildings)2005: 322 units (250 single-family, 72 in multi-unit buildings)20052006: 281 units (225 single-family, 56 in multi-unit buildings)2007: 181 units (163 single-family, 18 in multi-unit buildings)2008: 207 units (129 single-family, 78 in multi-unit buildings)2009: 104 units (100 single-family, 4 in multi-unit buildings)2010: 80 units (78 single-family, 2 in multi-unit buildings)20102011: 70 units (64 single-family, 6 in multi-unit buildings)2012: 76 units (66 single-family, 10 in multi-unit buildings)2013: 67 units (63 single-family, 4 in multi-unit buildings)2014: 127 units (59 single-family, 68 in multi-unit buildings)2015: 142 units (96 single-family, 46 in multi-unit buildings)20152016: 99 units (95 single-family, 4 in multi-unit buildings)2017: 193 units (155 single-family, 38 in multi-unit buildings)2018: 239 units (139 single-family, 100 in multi-unit buildings)2019: 170 units (120 single-family, 50 in multi-unit buildings)2020: 138 units (116 single-family, 22 in multi-unit buildings)20202021: 160 units (144 single-family, 16 in multi-unit buildings)2022: 145 units (113 single-family, 32 in multi-unit buildings)2023: 165 units (133 single-family, 32 in multi-unit buildings)2024: 161 units (145 single-family, 16 in multi-unit buildings)2025: 152 units (144 single-family, 8 in multi-unit buildings)2025

Housing units authorised in the Rice Lake, WI area by year, 1995–2025single-family2+ unit buildings

Permits, 12 months to August 2026This areaWisconsinUnited States
Housing units authorised15825,7711,418,086
Units per 1,000 residents3.44.34.1
Single-family share95%52%63%
Change on previous 12 months+14.5%+5.6%−0.1%

Counties in the area

Ranked by ten-year change in FHFA's county index to 2025; permits are the latest 12 months.

CountyState1 year10 yearsUnits, 12 monthsPer 1,000
Barron CountyWI+5.3%+100.9%1583.4

Questions and answers

How much have home values in the Rice Lake, WI area risen over 10 years?

The FHFA annual index rose +100.9% between 2015 and 2025, about +7.2% a year. Over 20 years: +92.5%; since 2000: +156.3%.

Which counties in the Rice Lake, WI area rose most?

By ten-year change to 2025: Barron County (+100.9%).

What happened to Rice Lake, WI prices after 2007?

The index peaked in 2007, fell −13.3% to 2013 and regained the peak in 2018. Nationally: −21.3% from 2007 to 2012.

How many homes are being built in the Rice Lake, WI area?

158 housing units were authorised across the area's counties in the 12 months to August 2026, 95% of them single-family, 3.4 per 1,000 residents.

Where does this data come from?

FHFA's annual CBSA house price index (developmental, updated March 31, 2026); Census Bureau building permits summed over member counties (OMB July 2023 delineations) through August 2026; vintage 2025 population estimates.

Provenance

Index: Federal Housing Finance Agency, annual house price index for core based statistical areas (all-transactions, developmental), last updated March 31, 2026, values 1985–2025. Permits: Census Bureau Building Permits Survey county files through August 2026, summed over member counties from OMB's July 2023 delineations. Population: Census Bureau vintage 2025 estimates. Public domain. Corrections · FHFA HPI datasets.