The median value of housing in Rio, IL 61472 is $136,000, which is significantly lower than the national median value of $338,100. In the past year, house appreciation in Rio, IL has been 7.76%, slightly lower than the US 1 year house appreciation rate of 8.27%. This suggests that while housing prices are not increasing at as rapid a rate as elsewhere in the US, they still remain relatively affordable for residents living in and around Rio, IL.
The median home cost in Rio (zip 61472) is $136,000. Home appreciation the last 10 years has been 28.7%. Home Appreciation in Rio (zip 61472) is up 8.9%.
Average Age of Homes
- The median age of Rio (zip 61472) real estate is 57 years old
The Rental Market in Rio (zip 61472)
- Renters make up 6.6% of the Rio (zip 61472) population
- 0.0% of houses and apartments in Rio (zip 61472), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.