Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 10,375, 5,125 total housing units (homes and apartments), and a median house value of $539,699, real estate costs in Rio Vista are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive California communities.
Single-family detached homes are the single most common housing type in Rio Vista, accounting for 85.91% of the city's housing units. Other types of housing that are prevalent in Rio Vista include duplexes, homes converted to apartments or other small apartment buildings ( 5.13%), large apartment complexes or high rise apartments ( 4.48%), and a few mobile homes or trailers ( 2.54%).
Dwellings in Rio Vista tend to be quite small (one, two, or no bedrooms) and owner occupied. In fact, 70.96% of the homes in Rio Vista have two or fewer bedrooms.
Rio Vista homes and real estate are some of the newest in America. 52.71% of Rio Vista's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Rio Vista real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 26.73%), and between 1940-1969 ( 14.00%). There's also some housing in Rio Vista built before 1939 ( 6.56%).
In the last 10 years, Rio Vista has experienced some of the highest home appreciation rates of any community in the nation. Rio Vista real estate appreciated 112.41% over the last ten years, which is an average annual home appreciation rate of 7.82%, putting Rio Vista in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Rio Vista definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Over the last year, Rio Vista appreciation rates have trailed the rest of the nation. In the last twelve months, Rio Vista's appreciation rate has been -0.94%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Rio Vista were at -0.81%, which equates to an annual appreciation rate of -3.20%.
Notably, Rio Vista's appreciation rate in the latest quarter is one of the lowest in America.
Relative to California, our data show that Rio Vista's latest annual appreciation rate is lower than 80% of the other cities and towns in California.
$539,699
for California
for nation
5,125
$2,667 / per month