Is Rutland, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Rutland was a Seller's Market.
Housing Prices in Rutland, GA
How much do homes in Rutland, GA cost?
Median Sold Price
$254,700
$132/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Rutland was $254,700 in April 2024, down 12.2% from last year, and the median price per square foot was $132.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $250K | $256.2K | +2.5% |
3 Bedrooms | $227.5K | $242K | +6.4% |
4 Bedrooms | $296K | $279.7K | -5.5% |
5+ Bedrooms | $348K | $321.2K | -7.7% |
Summary: Rutland housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.5%, 3 bedroom homes increased by 6.4%, 4 bedroom homes decreased by 5.5%, and 5+ bedroom homes decreased by 7.7%.
Median Sold Price Compared To Nearby Cities
Macon | $120.6K | $177.5K | +47.2% |
Macon West | $131.6K | $147.5K | +12.1% |
Warner Robins | $197.1K | $218.7K | +10.9% |
Lizella | $245.4K | $242.4K | -1.2% |
Rutland | $290K | $254.7K | -12.2% |
Housing Supply in Rutland, GA
How many homes are available in Rutland, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
86 | 90 | +4.7% |
Summary: The Rutland real estate market had 90 homes for sale in April 2024, a 4.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 36 | 33 | -8.3% |
4 Bedrooms | 39 | 45 | +15.4% |
5+ Bedrooms | 11 | 11 | 0.0% |
Summary: The Rutland housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 9 | -43.8% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Rutland in April 2024, down by 43.8% month-over-month. Of the 8 sold homes, 63% were sold under asking, 38% were sold at asking, and 0% were sold over asking.
Days on Market for Rutland, GA
How long does it take to sell a home in Rutland, GA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
40 Days | 37 Days | -8.0% |
Summary: Homes in Rutland had an average of 37 days on market in Apr 2024, down by 8% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in Rutland; 78% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.