$239,000
0.11 Acres
Land
Mark Triller, Listing Office: Real Broker LLC
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.
Key Takeaway
Rutland is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Rutland, VT
How much do homes in Rutland, VT cost?
Median Sold Price
$181,250
$120/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$184,750(-50.5%)
Key Takeaway
Homes in Rutland have sold for 50.5% less than they did a month ago.
Summary: The median home sold price in Rutland was $181,250 in November 2024, down 50.5% from last month, and the median price per square foot was $120.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $97K | N/A |
| 3 Bedrooms | $265K | $233.7K | -11.8% |
| 4 Bedrooms | $859.8K | $90K | -89.5% |
| 5+ Bedrooms | $489K | - | N/A |
Summary: Rutland housing prices by bedroom type for November 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 decreased by 11.8%, 4 bedroom homes decreased by 89.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| North Clarendon | $525K | $450.5K | -14.2% |
| Rutland | $366K | $181.2K | -50.5% |
Housing Supply in Rutland, VT
How many homes are available in Rutland, VT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 49 | 53 | +8.2% |
Summary: The Rutland real estate market had 53 homes for sale in November 2024, a 8.2% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 9 | 9 | 0.0% |
| 3 Bedrooms | 30 | 28 | -6.7% |
| 4 Bedrooms | 7 | 13 | +85.7% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
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 6.7%, 4 bedroom homes increased by 85.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 12 | +50.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Rutland, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Rutland in November 2024, up by 50.0% month-over-month. Of the 12 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Rutland, VT
We’re sorry, we don't have information for this market at the moment
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