Housing Prices in Rio, IL

How much do homes in Rio, IL cost?

Median List Price

$134,500

$81/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

+$9,000(+7.2%)

Key Takeaway

The list price of homes in Rio has increased by 7.2% since last year.

Summary: The median home list price in Rio was $134,500 in October 2024, up 7.2% from the previous year, and the median price per square foot was $81.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $239.9K$199.5K
-16.8%
3 $120K$80K
-33.3%
4 $207.9K-
N/A
5+ --
N/A

Summary: Rio housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 16.8%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Rio
+7.2%
Rio Township
+7.2%

Housing Supply in Rio, IL

How many homes are available in Rio, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
21-50.0%

Summary: The Rio real estate market had 1 homes for sale in October 2024, a 50.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 11
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Rio housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Rio, IL

How long does it take to sell a home in Rio, IL?

Average Listing Age

Oct 2023Oct 2024CHANGE
182 Days42 Days-77.0%

Summary: Homes in Rio had an average listing age of 42 days in Oct 2024, down by 77% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Rio, IL

Nearby Markets to Rio, IL