From April to June, 2 homes sold in Rio for a median price of $108,000. That's 27 percent lower than median home sale prices for the second quarter of 2017.
In the second quarter, there were no foreclosures in Rio.
Median property tax for homeowners in Rio was $18,989.25 in 2016 according to tax data from that year. That means homeowners pay 60.3 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.
Rio real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
2
$128,115
-
2010
3
$51,301
-60%
2012
1
$160,230
212.3%
2014
2
$47,700
-70.2%
2015
3
$132,500
177.8%
2016
4
$31,500
-76.2%
2017
3
$147,900
369.5%
2018
2
$108,000
-27%
Median property tax
Median sale price
Effective property tax rate
2009
$48,291.75
$128,115
37.7%
2010
$35,351.40
$51,301
68.9%
2012
$39,468.90
$160,230
24.6%
2014
$17,182.60
$47,700
36%
2015
$30,994.40
$132,500
23.4%
2016
$18,989.25
$31,500
60.3%
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