Home Values

Rio Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$114,000

  • -1.9% 1-year change
  • 2.9% 1-year forecast

The median home value in Rio is $114,000. Rio home values have declined -1.9% over the past year and Zillow predicts they will rise 2.9% within the next year.

Foreclosures will be a factor impacting home values in the next several years. In Rio 29.2 homes are foreclosed (per 10,000). This is greater than the Madison Metro value of 2.2 and also greater than the national value of 3.9

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Rio is 0.0%, which is lower than the national value of 6.3%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Rio homeowners underwater on their mortgage is 17.3%, which is higher than Madison Metro at 10.8%.

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Relative ZHVI
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Rio Market Overview

Data through Apr 30, 2015
  • $114,000 ZHVI
  • 2.9% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Apr 30, 2016)
  • No data Median listing price
  • No data Median sale price
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Rio Market Health

Data through Apr 30, 2015
  • 6.5/10 Healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
    (Feb 28, 2015)
  • No data Average days on Zillow
  • 17.3% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 0.0% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

29.2 homes(Sep 30, 2014) Rio
2.2 homes Madison Metro
3.9 homes United States
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Nearby Cities

Name Median ZHVI
Bristol $266,800
Vienna $251,600
Town of Windsor $212,200
Name Median ZHVI
Town of Sun Prairie $185,200
De Forest $181,100
Randolph $112,700

Listings & Sales

  • No data
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Rio Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $1,060 Rio
    $1,436 Madison Metro
    $1,364 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.9 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • No data Rent list price
  • No data Rent list price / sq ft
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