From January through December of 2018, there were three homes sold, with a median sale price of $174,000 - a 178.4% increase over the $62,500 median sale price for the previous year. There were eight homes sold in Rio in 2017.
The median sales tax in Rio for the most recent year with available data, 2017, was $1,704, approximately 1% of the median home sale price for 2018.
The following table compares Rio to other Knox County cities with similar median sales prices in 2018:
| City | Jan. - Dec. 2018 Home Sales | Jan. - Dec. 2017 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2018 Median Sales Price | Jan. - Dec. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Oak Run | 46 | 31 | 48.4% | $264,750 | $205,000 | 29.1% |
| Gilson | 6 | 6 | 0% | $182,750 | $43,250 | 322.5% |
| Rio | 3 | 8 | -62.5% | $174,000 | $62,500 | 178.4% |
| Dahinda | 4 | 8 | -50% | $173,750 | $183,750 | -5.4% |
| Yates City | 6 | 16 | -62.5% | $100,868.50 | $70,500 | 43.1% |
| Knoxville | 46 | 37 | 24.3% | $91,000 | $65,500 | 38.9% |
| Oneida | 13 | 19 | -31.6% | $90,000 | $75,000 | 20% |
| Wataga | 11 | 14 | -21.4% | $75,000 | $35,000 | 114.3% |
| Henderson | 3 | 4 | -25% | $73,000 | $57,500 | 27% |
| Galesburg | 543 | 497 | 9.3% | $65,000 | $67,500 | -3.7% |
| Altona | 11 | 8 | 37.5% | $62,000 | $48,500 | 27.8% |
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