Is Rutland, MA 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 July 2021

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.

How much do homes in Rutland, MA cost?

Median Sold Price

$452,500

$234/sqft

Based on all homes sold in the last 12 months.

Difference Since July 2021

+$93,100(+25.9%)

Key Takeaway

Homes in Rutland have sold for 25.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJul 2021Jul 2022%
1 $122.5K$136K
+11.0%
2 $255K$331.7K
+30.1%
3 $390K$476.2K
+22.1%
4 $432.5K$519.5K
+20.1%
5+ $490K$616.2K
+25.8%

Median Sold Price Compared To Nearby Cities

Oakham
+44.9%
Rutland
+25.9%
Paxton
+17.1%
Jefferson
+14.7%
Holden
+6.2%

How many homes are available in Rutland, MA?

Number of Homes For Sale

Jun 2022Jul 2022%
5141-19.6%

Homes For Sale By Bedroom Count

# BEDSJun 2022Jul 2022%
1 01
+100.0%
2 1212
0.0%
3 2015
-25.0%
4 1711
-35.3%
5+ 22
0.0%

Number of Homes Sold

Jun 2022Jul 2022%
139-30.8%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rutland, expect to pay close to the asking price. 44.4% of homes here sold near the asking price last month.

Average Sale Time

Jul 2021Jul 2022%
17 Days28 Days+66.9%

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Rutland are selling fast, if you're buying plan to act quickly.

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

About Rutland, MA

Number of homes for sale in Rutland, MA real estate market have reached 41. The inventory of homes for sale in Rutland, MA between June 2022 and July 2022 decreased by 19.6%. Listings spent 28 days on the market in July 2022, and had a median list price of $452,500 during the same period. This housing market listing prices have changed between June 2022 and July 2022: prices of 1 bedroom properties increased by 11%, 2 bedrooms properties prices increased by 30.1%, prices of 3 bedrooms properties increased by 22.1%, the cost of 4 bedrooms properties went up by 20.1%, the cost of 5 bedrooms properties went up by 25.8%. The following changes in the number of homes for sale were observed in this housing market: the quantity of 1 bedroom homes went up by 100%, volume of 2 bedrooms homes stayed the same, number of 3 bedrooms homes decreased by 25%, number of 4 bedrooms homes decreased by 35.3%, 5 bedrooms homes did not move. Over 3 listings were sold over their listed price in July 2022 in Rutland, MA. In the same period over 2 listings were sold below the listed price and 4 listings were sold for the listed price.

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