Is Rutland County, VT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Rutland County was a Buyer's 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
$332,500
$198/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Key Takeaway
Homes in Rutland County have sold for 34.3% more than they did a month ago.
Summary: The median home sold price in Rutland County was $332,500 in May 2024, up 34.3% from last month, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $117.5K | $122K | +3.8% |
| 2 Bedrooms | $250K | $279K | +11.6% |
| 3 Bedrooms | $222.5K | $370K | +66.3% |
| 4 Bedrooms | $377.5K | $370K | -2.0% |
| 5+ Bedrooms | $385K | - | N/A |
Summary: Rutland County housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes increased by 3.8%, 2 bedroom homes increased by 11.6%, 3 bedroom homes increased by 66.3%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
| Bennington County | $480K | $685K | +42.7% |
| Rutland County | $247.5K | $332.5K | +34.3% |
| Addison County | $487.5K | $435K | -10.8% |
| Windsor County | $656K | $354K | -46.0% |
Housing Supply in Rutland County, VT
How many homes are available in Rutland County, VT?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 163 | 199 | +22.1% |
Summary: The Rutland County real estate market had 199 homes for sale in May 2024, a 22.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 23 | 23 | 0.0% |
| 2 Bedrooms | 28 | 38 | +35.7% |
| 3 Bedrooms | 70 | 81 | +15.7% |
| 4 Bedrooms | 28 | 40 | +42.9% |
| 5+ Bedrooms | 14 | 17 | +21.4% |
Summary: The Rutland County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 35.7%, 3 bedroom homes increased by 15.7%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes increased by 21.4%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 22 | 44 | +100.0% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Rutland County, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.
Summary: A total of 44 homes were sold or pending in Rutland County in May 2024, up by 100.0% month-over-month. Of the 44 sold homes, 45% were sold under asking, 32% were sold at asking, and 23% 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
© Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.