Housing Prices in Rio, IL

How much do homes in Rio, IL cost?

Median List Price

$198,450

$98/sqft

Based on all homes listed in the last 12 months.

Difference Since May 2023

+$72,950(+58.1%)

Key Takeaway

The list price of homes in Rio has increased by 58.1% since last year.

Summary: The median home list price in Rio was $198,450 in May 2024, up 58.1% from the previous year, and the median price per square foot was $98.

Median List Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $137.9K$239.9K
+73.9%
3 $122.7K$154.5K
+25.9%
4 $149K$207.9K
+39.5%
5+ --
N/A

Summary: Rio housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 73.9%, 3 bedroom homes increased by 25.9%, 4 bedroom homes increased by 39.5%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Rio
+58.1%
Rio Township
+44.6%

Housing Supply in Rio, IL

How many homes are available in Rio, IL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
110.0%

Summary: The Rio real estate market had 1 homes for sale in May 2024, the same as April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 00
0.0%
3 11
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Rio housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 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

May 2023May 2024CHANGE
55 Days74 Days+34.5%

Summary: Homes in Rio had an average listing age of 74 days in May 2024, up by 34.5% compared to the previous year.

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

Report Updated 8 Days Ago

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Newest Listings in Rio, IL

Nearby Markets to Rio, IL

MLS Disclaimers and Copyright

Based on information from RMLS Alliance for the period 06/01/2022 - 06/01/2024

IDX Listings courtesy of RMLS Alliance as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance®. Real estate listings held by brokerage firms other than this broker are marked with the RMLSA logo and detailed information about them includes the name of the listing brokers. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. Copyright © 2024 Peoria Area Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/9/2024, 12:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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