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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rutland is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Rutland was a Buyer'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, WI

How much do homes in Rutland, WI cost?

Median Sold Price

$409,000

$265/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$119,202(-22.6%)

Key Takeaway

Homes in Rutland have sold for 22.6% less than they did a month ago.

Summary: The median home sold price in Rutland was $409,000 in November 2024, down 22.6% from last month, and the median price per square foot was $265.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 -$409K
N/A
4 $528.2K-
N/A
5+ --
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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Rutland
-22.6%
Brooklyn
-36.3%

Housing Supply in Rutland, WI

How many homes are available in Rutland, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
17170.0%

Summary: The Rutland real estate market had 17 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1011
+10.0%
4 65
-16.7%
5+ 11
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 increased by 10%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rutland, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Rutland in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Rutland, WI

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 17 Days Ago

Newest Listings in Rutland, WI

Nearby Markets to Rutland, WI

What housing markets are near Rutland, WI?