The housing market in Rutledge, AL is growing at a much faster rate than the national average. The median value of a home in Rutledge is $100,500, which stands in stark contrast to the nationwide median of $338,100. Furthermore, while the US experienced a 1 year house appreciation rate of 8.27%, Rutledge saw an impressive 16.13% appreciation, indicating that the local housing market in Rutledge is faring much better than many other parts of the country.
The median home cost in Rutledge is $100,500. Home appreciation the last 10 years has been 46.0%. Home Appreciation in Rutledge is up 13.3%.
Average Age of Homes
- The median age of Rutledge real estate is 46 years old
The Rental Market in Rutledge
- Renters make up 28.6% of the Rutledge population
- 0.0% of houses and apartments in Rutledge, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.