$4,686 Closing Credit*
$394,650
3,040 SqFt
5 Beds
•3 Full Baths, 1 Partial
#246985, Listing Office: ADAMS HOMES REALTY
Is Rutland, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Rutland has remained a Seller's Market.
Key Takeaway
Rutland is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Rutland, GA
How much do homes in Rutland, GA cost?
Median Sold Price
$265,000
$135/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$5,000(+1.9%)
Key Takeaway
Homes in Rutland have sold for 1.9% more than they did a year ago.
Summary: The median home sold price in Rutland was $265,000 in October 2024, up 1.9% from last year, and the median price per square foot was $135.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $250K | $170K | -32.0% |
| 3 Bedrooms | $249.5K | $235K | -5.8% |
| 4 Bedrooms | $283.4K | $285K | 0.5% |
| 5+ Bedrooms | $334.5K | $399.5K | +19.4% |
Summary: Rutland housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 32%, 3 bedroom homes decreased by 5.8%, 4 bedroom homes increased by 0.5%, and 5+ bedroom homes increased by 19.4%.
Median Sold Price Compared To Nearby Cities
| Macon | $176.2K | $190K | +7.9% |
| Macon West | $147.6K | $158.2K | +7.1% |
| Warner Robins | $220.6K | $231.1K | +4.8% |
| Rutland | $260K | $265K | +1.9% |
| Lizella | $242.5K | $245K | +1.0% |
Housing Supply in Rutland, GA
How many homes are available in Rutland, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 88 | 97 | +10.2% |
Summary: The Rutland real estate market had 97 homes for sale in October 2024, a 10.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 34 | 39 | +14.7% |
| 4 Bedrooms | 40 | 40 | 0.0% |
| 5+ Bedrooms | 14 | 17 | +21.4% |
Summary: The Rutland housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 14.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 21.4%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 17 | +88.9% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Rutland, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.
Summary: A total of 17 homes were sold or pending in Rutland in October 2024, up by 88.9% month-over-month. Of the 14 sold homes, 36% were sold under asking, 43% were sold at asking, and 21% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 34 Days | 55 Days | +61.8% |
Summary: Homes in Rutland had an average of 55 days on market in Oct 2024, up by 61.8% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Rutland are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 17 homes were sold in Rutland; 41% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
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.