Is Rutland, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Rutland has remained a Seller's Market.
Housing Prices in Rutland, MA
How much do homes in Rutland, MA cost?
Median Sold Price
$467,500
$255/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Rutland was $467,500 in April 2024, up 10% from last year, and the median price per square foot was $255.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $215K | $151K | -29.8% |
2 Bedrooms | $305K | $223.1K | -26.8% |
3 Bedrooms | $445K | $510K | +14.6% |
4 Bedrooms | $519K | $582.4K | +12.2% |
5+ Bedrooms | $565K | $751.5K | +33.0% |
Summary: Rutland housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 29.8%, 2 bedroom homes decreased by 26.8%, 3 bedroom homes increased by 14.6%, 4 bedroom homes increased by 12.2%, and 5+ bedroom homes increased by 33%.
Median Sold Price Compared To Nearby Cities
Holden | $450K | $515K | +14.4% |
Paxton | $425K | $480K | +12.9% |
Rutland | $425K | $467.5K | +10.0% |
Housing Supply in Rutland, MA
How many homes are available in Rutland, MA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
32 | 29 | -9.4% |
Summary: The Rutland real estate market had 29 homes for sale in April 2024, a 9.4% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 2 | -33.3% |
2 Bedrooms | 9 | 6 | -33.3% |
3 Bedrooms | 12 | 13 | +8.3% |
4 Bedrooms | 8 | 6 | -25.0% |
5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The Rutland housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 8.3%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 5 | -54.5% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Rutland in April 2024, down by 54.5% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.
Days on Market for Rutland, MA
How long does it take to sell a home in Rutland, MA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
9 Days | 17 Days | +97.8% |
Summary: Homes in Rutland had an average of 17 days on market in Apr 2024, up by 97.8% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Rutland; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.