Is Rio, WI 53960 a buyer’s or seller’s market?
Rio is a seller’s market. With about 3.6 months of supply and 13% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Rio housing market right now
In the three months ending August 31, 2026, 13% of homes in Rio, WI 53960 sold above their list price, the typical home went under contract in 39 days and there were 3.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 8 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 67%, homes sold more slowly (8 days then) and the median sale price rose 16% to $289,875. Overall, Rio is less competitive than a year ago, which gives buyers more room.
Within Columbia County, homes here sell faster than in 90% of the county’s ZIP codes, and sell less often over asking than in 90%.
Nearby, buyers who want less competition could look at Friesland 53935 (0% sold over asking), while Columbus 53925 (48% sold over asking) and Poynette 53955 (44% sold over asking) are even more competitive.
Run the numbers for 53960
Nearby markets
Arlington 53911Seller’s market $222 /sq ftCambria 53923Balanced $184 /sq ftColumbus 53925Seller’s market $193 /sq ftDoylestown 53928 — /sq ft Browse all markets →Towns like Rio nearby
Find towns like Rio in other states →Where Rio is
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Questions about Rio real estate
Is Rio a buyer’s or seller’s market?
A seller’s market: there were 3.6 months of supply in Rio, WI 53960 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Rio?
The typical home went under contract in 39 days in the latest three months.
Do homes in Rio sell over asking?
13% of homes sold above their original list price, and the typical sale closed at 98.0% of the list price.
What are property taxes in Rio?
About 1.36% of a home’s value a year in Columbia County, or roughly $5,440 on a $400,000 home.
What is the median home price in Rio?
The median sale price was $289,875 in the three months ending August 31, 2026, about $160 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology