In Rio Hondo, home prices noticeably dropped 8.9 percent last year to reach $224,280 from a previous $246,123. At the same time, inventory increased slightly by 14.3 percent to reach 24 listings in this year. Landscaped yards are a common feature in Rio Hondo's homes, giving the area an attractive look. You'll find that quite a few kitchens in homes around here have extra counter and storage space from islands; perfect for a big family who needs plenty of room. There are plenty of waterfront lots in this area, so you can have the chance to enjoy a peaceful view from the comfort of home.