Is Rutland County, VT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rutland County is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Rutland County was a Neutral Market.

Key Takeaway

Rutland County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Rutland County, VT

How much do homes in Rutland County, VT cost?

Median Sold Price

$310,000

$221/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$32,500(-9.5%)

Key Takeaway

Homes in Rutland County have sold for 9.5% less than they did a month ago.

Summary: The median home sold price in Rutland County was $310,000 in November 2024, down 9.5% from last month, and the median price per square foot was $221.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $315K$207.7K
-34.0%
2 $170K$227K
+33.5%
3 $275K$365K
+32.7%
4 $538K$465K
-13.6%
5+ $360K$512.5K
+42.4%

Summary: Rutland County housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 34%, 2 bedroom homes increased by 33.5%, 3 bedroom homes increased by 32.7%, 4 bedroom homes decreased by 13.6%, and 5+ bedroom homes increased by 42.4%.

Median Sold Price Compared To Nearby Counties

Addison County
+9.2%
Windsor County
+8.2%
Bennington County
-8.9%
Rutland County
-9.5%

Housing Supply in Rutland County, VT

How many homes are available in Rutland County, VT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
207204-1.4%

Summary: The Rutland County real estate market had 204 homes for sale in November 2024, a 1.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 1923
+21.1%
2 4042
+5.0%
3 9786
-11.3%
4 3641
+13.9%
5+ 1512
-20.0%

Summary: The Rutland County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 21.1%, 2 bedroom homes increased by 5%, 3 bedroom homes decreased by 11.3%, 4 bedroom homes increased by 13.9%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3255+71.9%

Asking Price vs. Sold Price

33 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

17 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rutland County, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 55 homes were sold or pending in Rutland County in November 2024, up by 71.9% month-over-month. Of the 55 sold homes, 60% were sold under asking, 9% were sold at asking, and 31% were sold over asking.

Days on Market for Rutland County, VT

We’re sorry, we don't have information for this market at the moment

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

Report Updated 29 Days Ago

Newest Listings in Rutland County, VT

Nearby Markets to Rutland County, VT

What housing markets are near Rutland County, VT?