Is Rutland, VT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Rutland was a Neutral Market.
Housing Prices in Rutland, VT
How much do homes in Rutland, VT cost?
Median Sold Price
$327,500
$198/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Rutland was $327,500 in May 2024, up 67.9% from last month, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $100K | - | N/A |
2 Bedrooms | - | $279K | N/A |
3 Bedrooms | $200K | $382.5K | +91.3% |
4 Bedrooms | $167.5K | $315K | +88.1% |
5+ Bedrooms | - | - | N/A |
Summary: Rutland housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 91.3%, 4 bedroom homes increased by 88.1%, and 5+ bedroom homes did not change.
Housing Supply in Rutland, VT
How many homes are available in Rutland, VT?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
33 | 40 | +21.2% |
Summary: The Rutland real estate market had 40 homes for sale in May 2024, a 21.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 3 | 5 | +66.7% |
3 Bedrooms | 20 | 21 | +5.0% |
4 Bedrooms | 6 | 11 | +83.3% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Rutland housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 83.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
5 | 10 | +100.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Rutland in May 2024, up by 100.0% month-over-month. Of the 10 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.
Days on Market for Rutland, VT
We’re sorry, we don't have information for this market at the moment