Is Rutland, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rutland is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Rutland was a Seller's Market.

Key Takeaway

Rutland is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Rutland, GA

How much do homes in Rutland, GA cost?

Median Sold Price

$265,000

$137/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$2,050(+0.8%)

Key Takeaway

Homes in Rutland have sold for 0.8% more than they did a year ago.

Summary: The median home sold price in Rutland was $265,000 in November 2024, up 0.8% from last year, and the median price per square foot was $137.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $250K$202.5K
-19.0%
3 $249.7K$235.9K
-5.5%
4 $280.9K$289.9K
+3.2%
5+ $320K$399.5K
+24.9%

Summary: Rutland housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 19%, 3 bedroom homes decreased by 5.5%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes increased by 24.9%.

Median Sold Price Compared To Nearby Cities

Macon
+6.4%
Warner Robins
+5.9%
Macon West
+5.1%
Lizella
+4.7%
Rutland
+0.8%

Housing Supply in Rutland, GA

How many homes are available in Rutland, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8794+8.0%

Summary: The Rutland real estate market had 94 homes for sale in November 2024, a 8.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 3534
-2.9%
4 3540
+14.3%
5+ 1619
+18.8%

Summary: The Rutland housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 2.9%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 18.8%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1513-13.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rutland, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 13 homes were sold or pending in Rutland in November 2024, down by 13.3% month-over-month. Of the 12 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.

Days on Market for Rutland, GA

How long does it take to sell a home in Rutland, GA?

Average Sale Time

Nov 2023Nov 2024CHANGE
43 Days36 Days-15.5%

Summary: Homes in Rutland had an average of 36 days on market in Nov 2024, down by 15.5% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Rutland are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 13 homes were sold in Rutland; 62% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

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MLS Disclaimers and Copyright

Based on information from Georgia MLS, Central Georgia MLS, First Multiple Listing Service Inc., and Savannah Multi-List Corporation for the period 12/01/2022 - 12/01/2024

IDX Based on information from the Georgia MLS © 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 11:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

The data related to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) Program of Central Georgia MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.
© 2024 Central Georgia MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 11:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

IDX Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please Click Here to review our DMCA and learn how to submit a takedown request. Information is deemed reliable but is not guaranteed. © 2024 First Multiple Listing Service, Inc.

IDX Provided by Rocket Homes Real Estate, LLC
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 11:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of the Savannah Multi-List Corporation. Real estate listings held by brokerage firms other than this broker are marked with the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. All properties are subject to prior sale, change or withdrawal and some properties which appear for sale on this web site may subsequently have sold and may no longer be available.. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Copyright 2024 Savannah Multi-List Corporation. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 11:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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