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Featured local agent — Rio, IL
Sarah Mitchell
Compass Real Estate · Rio, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Rio, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$230,000median sale price
How is the Rio, IL housing market right now?
The median home sale price in Rio, IL is $230,000. Homes sell in an average of 42 days. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Rio a buyer's or seller's market?
Rio, IL is currently a balanced market and homes selling in about 42 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
42
Average pace
Active listings
—
Sale-to-list
100.0%
Above asking
What does the Rio housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $230,000 |
| Average days on market | 42 days |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $120/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Rio by property type?
How the Rio, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $230,000 | $120/sq ft | 1 | 42 days |
Source: Redfin · Updated monthly
The Rio housing market is currently classified as a balanced market with a median sale price of $230,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 42 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Rio
Explore homes currently listed for sale in Rio, Illinois across major real estate platforms.
Who lives in Rio?
Population
210
Median income
$62,917/yr
Median age
36 years
Owner-occupied
75.3%
College grads
13.8%
Avg commute
25.2 min
Source: U.S. Census Bureau ACS
What is it like to live in Rio?
Rio is a community of approximately 0K residents with a median age of 36 years.The median household income is $62,917, which represents a working-class community with solid middle-income opportunities. 13.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 75.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 25.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Rio offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Rio, IL?
Want a head-to-head view? Compare Rio side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Rio?
The median home sale price in Rio is $230,000, down 0.0% from last year.
How long do homes stay on market in Rio?
Homes typically spend 42 days on market before going under contract.
What is the median income in Rio?
The median household income is $62,917 per year.
How much does a single-family home cost in Rio?
The median single-family home price in Rio, IL is $230,000 (about $120 per square foot).
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