Market Overview
Home Prices in Rio, WI
The median home value in Rio, WI is $258,681 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.8% compared to a year ago and up 5.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Rio are priced37% below average. Rio is part of the Madison, WI metro area.
Over the past five years, Rio home values have risen by approximately24.6%, reflecting strong long-term appreciation in this market.
Price History
Rio Home Price Trend
2020
$178,435
$178K
—
2021
$207,546
$208K
+16.3%
2022
$226,735
$227K
+9.2%
2023
$230,956
$231K
+1.9%
2024
$250,426
$250K
+8.4%
2025
$263,427
$263K
+5.2%
2026
$258,681
$259K
-1.8%
City Comparison
Rio vs. National Median
🏠 Rio
$258,681
National Median
$410,000
At $258,681, homes in Rio cost 37% below the national median of $410,000. This makes Rio a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Rio?
20% Down Payment
$51,736
on $258,681
Monthly P&I
$1,349/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,713/mo
incl. taxes & insurance
Income Needed
$68,520
gross annual (30% rule)
10% Down Option
$25,868
+ PMI applies
Loan Amount (20% dn)
$206,945
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Rio, WI?
The median home value in Rio is $258,681 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.8% year-over-year.
How much have home prices changed in Rio?
Over the past year, home values in Rio have decreased by 1.8%. Over five years, prices have risen approximately 24.6%.
How much do I need to earn to buy a home in Rio?
To comfortably afford the median home price of $258,681 with a 20% down payment ($51,736) at today's rates (6.8%), you'd need a gross annual income of approximately $68,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Rio compare to the national average home price?
The national median home value is approximately $410,000. At $258,681, homes in Rio are 37% below the national average.
What metro area is Rio part of?
Rio is part of the Madison, WI metropolitan area. Home prices and market conditions can vary across the broader metro region.