$10,000 Closing Credit*
$915,000
3,400 SqFt
4 Beds
•3 Full Baths, 1 Partial
LeAnne M Long, Listing Office: RE/MAX Around Atlanta East
Is Rutledge, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Rutledge was a Buyer's Market.
Key Takeaway
Rutledge is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Rutledge, GA
How much do homes in Rutledge, GA cost?
Median Sold Price
$794,000
$201/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$664,000(+510.8%)
Key Takeaway
Homes in Rutledge have sold for 510.8% more than they did a month ago.
Summary: The median home sold price in Rutledge was $794,000 in October 2024, up 510.8% from last month, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $130K | $490K | +276.9% |
| 4 Bedrooms | - | $794K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Rutledge housing prices by bedroom type for October 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 276.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Rutledge, GA
How many homes are available in Rutledge, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 26 | +30.0% |
Summary: The Rutledge real estate market had 26 homes for sale in October 2024, a 30.0% 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 | 0 | 0.0% |
| 3 Bedrooms | 9 | 11 | +22.2% |
| 4 Bedrooms | 9 | 10 | +11.1% |
| 5+ Bedrooms | 2 | 5 | +150.0% |
Summary: The Rutledge 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 remained the same, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 150%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 7 | +600.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Rutledge, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Rutledge in October 2024, up by 600.0% month-over-month. Of the 7 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Rutledge, GA
How long does it take to sell a home in Rutledge, GA?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 316 Days | 25 Days | -91.9% |
Summary: Homes in Rutledge had an average of 25 days on market in Oct 2024, down by 91.9% compared to last month.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Rutledge are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in Rutledge; 57% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 0% 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.