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

$305,000

$198/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$55,000(+22.0%)

Key Takeaway

Homes in Rutland County have sold for 22% more than they did a month ago.

Summary: The median home sold price in Rutland County was $305,000 in March 2024, up 22% from last month, and the median price per square foot was $198.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 $200K$305K
+52.5%
2 $235.5K$210K
-10.8%
3 $240K$380K
+58.3%
4 $290K$312.4K
+7.7%
5+ $286.2K$227.5K
-20.5%

Summary: Rutland County housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes increased by 52.5%, 2 bedroom homes decreased by 10.8%, 3 bedroom homes increased by 58.3%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes decreased by 20.5%.

Median Sold Price Compared To Nearby Counties

Windsor County
+26.9%
Rutland County
+22.0%
Bennington County
-18.4%

Housing Supply in Rutland County, VT

How many homes are available in Rutland County, VT?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
171190+11.1%

Summary: The Rutland County real estate market had 190 homes for sale in March 2024, a 11.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 1528
+86.7%
2 3538
+8.6%
3 7572
-4.0%
4 2834
+21.4%
5+ 1818
0.0%

Summary: The Rutland County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 86.7%, 2 bedroom homes increased by 8.6%, 3 bedroom homes decreased by 4%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
2539+56.0%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

13 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. 46.2% of homes here sold below asking price last month.

Summary: A total of 39 homes were sold or pending in Rutland County in March 2024, up by 56.0% month-over-month. Of the 39 sold homes, 46% were sold under asking, 21% were sold at asking, and 33% 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 25 Days Ago

Newest Listings in Rutland County, VT

Nearby Markets to Rutland County, VT

What housing markets are near Rutland County, VT?