Rio, WI—53960
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Rio, WI
As of Oct '25, the median home price in Rio, WI is $326,000, with a year-over-year change of 8.4%. This indicates that home prices in Rio, WI are increasing. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $326,000 | 8.4% |
| Single Family | $326,000 | 8.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $307,000 | 5.1% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Rio, WI
As of July '25, Rentcast reports the average rent in Rio, WI is $1,530, with a year-over-year rent change of 70.9%. Per bedroom, the median rent as of July '25 in Rio, WI is 2-bedrooms: $1,530. The most common rental property sizes in Rio, WI are 2-bedroom and 3-bedroom, accounting for 45.5% and 27.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,550 | $1,530 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,550 | $1,530 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Rio, WI
As of Oct '25, Realtor.com reports that the median days on market for a home in Rio, WI is 141. This is a increase of 247.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $505,000 | 16.0% |
Listing Count | 6 | -47.0% |
| Listings as % of Homes | 0.3% | -47.0% |
Days on Market | 141 | 247.0% |
Demographics — Rio, WI
As of the latest ACS Survey released in 2023, Rio, WI has a population of 3,240, which has decreased by -6.7% over the past 5 years. Rio, WI is a moderately popular place for families, as children make up 18.1% of the population. The area has a poorly educated workforce, with 24.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,240 | -6.7% |
% Under 18 | 18.1% | -13.8% |
% Seniors | 18.7% | 28.1% |
% WFH | 10.0% | 177.8% |
% w/ College Degree | 24.1% | 21.1% |
As of the latest ACS Survey released in 2023, Rio, WI is a predominantly white area, with 93.7% of the population identifying as white. The white population has shrunk by 2.0% in the last 5 years. The second most common race or ethnicity in Rio, WI is hispanic, making up 3.2% of the population. Foreign-born residents account for 1.5% of the population in Rio, WI, and this percentage has increased by 200.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 93.7% | -2.0% |
% Black | 0.3% | 200.0% |
% Hispanic | 3.2% | 18.5% |
% Asian | 0.2% | ∞% |
% Foreign Born | 1.5% | 200.0% |
Mortgage and Risk — Rio, WI
According to HUD data as of 2023, there were 126 mortgage originations in Rio, WI, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 40.0%, with 13.0% above 90% LTV (elevated). This implies medium mortgage risk in Rio, WI. Investor activity is low, as 2.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 126 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Rio, WI
Rio, WI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 20 |
Total Units Section 8 | 0 |
% Rentals under Section 8 | 0.0% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,070 |
| 2 Bedroom | -$310 | $1,550 | $1,240 |
| 3 Bedroom | N/A | N/A | $1,630 |
| 4 Bedroom | N/A | N/A | $1,790 |
Affordability — Rio, WI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $326,000 |
| Median Household Income | $82,100 |