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
Since last month, Rutland has remained a Seller's Market.
Housing Prices in Rutland, VT
How much do homes in Rutland, VT cost?
Median Sold Price
$250,000
$176/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in Rutland was $250,000 in March 2024, up 4.2% from last month, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $255K | $205K | -19.6% |
3 Bedrooms | $208.4K | $231K | +10.8% |
4 Bedrooms | - | $409.5K | N/A |
5+ Bedrooms | $246.7K | $300K | +21.6% |
Summary: Rutland housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 19.6%, 3 bedroom homes increased by 10.8%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 21.6%.
Housing Supply in Rutland, VT
How many homes are available in Rutland, VT?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
36 | 35 | -2.8% |
Summary: The Rutland real estate market had 35 homes for sale in March 2024, a 2.8% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 5 | 5 | 0.0% |
3 Bedrooms | 19 | 16 | -15.8% |
4 Bedrooms | 5 | 8 | +60.0% |
5+ Bedrooms | 6 | 4 | -33.3% |
Summary: The Rutland housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 15.8%, 4 bedroom homes increased by 60%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 9 | +28.6% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Rutland in March 2024, up by 28.6% month-over-month. Of the 9 sold homes, 44% were sold under asking, 0% were sold at asking, and 56% were sold over asking.
Days on Market for Rutland, VT
We’re sorry, we don't have information for this market at the moment