From July to September, 1 home sold in Rio for a price of $295,000. That's 140 percent higher than median home sale prices for the third quarter of 2017.
In the third quarter, 1 home in Rio was in foreclosure.
Median property tax for homeowners in Rio was $1,956.68 in 2017 according to tax data from that year. That means homeowners pay 1.6 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: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
1
$198,900
-
2010
5
$74,100
-62.7%
2011
1
$106,220
43.3%
2012
1
$97,555
-8.2%
2013
4
$127,170
30.4%
2014
4
$115,540
-9.1%
2015
2
$22,790
-80.3%
2016
5
$44,625
95.8%
2017
2
$122,910
175.4%
2018
1
$295,000
140%
Median property tax
Median sale price
Effective property tax rate
2009
$4,309.13
$198,900
2.2%
2010
$2,681.73
$74,100
3.6%
2011
$1,918.51
$106,220
1.8%
2012
$1,979.52
$97,555
2%
2013
$1,954.94
$127,170
1.5%
2014
$2,153.60
$115,540
1.9%
2015
$1,479.31
$22,790
6.5%
2016
$1,739.57
$44,625
3.9%
2017
$1,956.67
$122,910
1.6%
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