Rice, TX housing market
The typical Rice home is worth about $298,000, down 2.5% in a year, close to the Texas typical home.
Home values, sales, trends and how Rice compares with the towns next door — updated as new data is published.
Rice at a glance
Only 1 sale in April 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Rice | Texas |
|---|---|---|
| 2017 | $167,000 | $190,000 |
| 2018 | $172,000 | $202,000 |
| 2019 | $190,000 | $214,000 |
| 2020 | $204,000 | $223,000 |
| 2021 | $228,000 | $242,000 |
| 2022 | $284,000 | $286,000 |
| 2023 | $294,000 | $313,000 |
| 2024 | $291,000 | $311,000 |
| 2025 | $304,000 | $311,000 |
| 2026 | $300,000 | $303,000 |
| August 2026 | $298,000 | $299,000 |
17 new homes permitted in 2025
Builders were permitted 17 new homes in Rice in 2025: 1 single-family house and 16 in buildings with two or more homes, worth about $2.9 million to build. That's 14 per 1,000 residents, faster than across Texas (8.1). Over the past 10 years, Rice has permitted 41 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Rice gained 280 residents while 20 new homes were permitted: about 14 new residents per new home. Population grew faster than building, so existing homes filled up: a sign of tight supply. Across Texas: 2.6 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 8 | 4 | 4 | $1.8 million |
| 2025 | 17 | 1 | 16 | $2.9 million |
| 2024 | 13 | 5 | 8 | $2.7 million |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 4 | 4 | 0 | $500,000 |
| 2020 | 2 | 2 | 0 | $305,000 |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 3 | 3 | 0 | $470,000 |
| 2017 | 2 | 2 | 0 | $675,000 |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 1 | 1 | 0 | $195,000 |
| 2014 | 7 | 7 | 0 | $427,000 |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 5 | 5 | 0 | $153,000 |
| 2011 | 1 | 1 | 0 | $28,000 |
| 2010 | 1 | 1 | 0 | $28,000 |
| 2009 | 1 | 1 | 0 | $100,000 |
| 2008 | 2 | 2 | 0 | $200,000 |
| 2007 | 2 | 2 | 0 | $200,000 |
| 2006 | 11 | 11 | 0 | $733,000 |
| 2005 | 12 | 12 | 0 | $800,000 |
| 2004 | 12 | 12 | 0 | $939,000 |
| 2003 | 3 | 3 | 0 | $270,000 |
| 2002 | 8 | 8 | 0 | $428,000 |
| 2001 | 1 | 1 | 0 | $10,000 |
| 2000 | 6 | 6 | 0 | $540,000 |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
4.5 years of income
The typical Rice home costs about 4.5 years of the town's median household income, more than across Texas (3.8 years).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,060
HUD's Fair Market Rent for a two-bedroom in Rice is $1,060 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Rice pay a median of $1,513. A two-bedroom takes about 19% of the town's median household income.
Studio $780 · 4 bedrooms $1,560
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (75155; Navarro County, TX), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, April 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.