$2,791 Closing Credit*
$235,000
1,826 SqFt
2 Beds
•1 Full Bath
#1990423, Shelley Miller, Listing Office: Turning Point Realty
Is Rio, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Rio was a Seller's Market.
Key Takeaway
Rio is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Rio, WI
How much do homes in Rio, WI cost?
Median Sold Price
$285,000
$151/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$49,500(+21.0%)
Key Takeaway
Homes in Rio have sold for 21% more than they did a year ago.
Summary: The median home sold price in Rio was $285,000 in November 2024, up 21% from last year, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $160K | N/A |
| 2 Bedrooms | $190K | $165K | -13.2% |
| 3 Bedrooms | $245K | $290K | +18.4% |
| 4 Bedrooms | $290K | $359.9K | +24.1% |
| 5+ Bedrooms | $234.5K | $337.5K | +43.9% |
Summary: Rio housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 13.2%, 3 bedroom homes increased by 18.4%, 4 bedroom homes increased by 24.1%, and 5+ bedroom homes increased by 43.9%.
Housing Supply in Rio, WI
How many homes are available in Rio, WI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 12 | 0.0% |
Summary: The Rio real estate market had 12 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 9 | 8 | -11.1% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Rio housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Rio, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in Rio in November 2024, down by 50.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Rio, WI
We’re sorry, we don't have information for this market at the moment
