The housing market in Rutland, MA is an attractive one for many, with a median value of $418,700, significantly higher than the U.S. median of $338,100. Over the past year, there has been an appreciation of 7.66%, slightly lower than the national average appreciation rate of 8.27%. With such a high median value and competitive rate of appreciation, Rutland's housing market looks favorable for those hoping to invest in property within the area.
The median home cost in Rutland is $418,700. Home appreciation the last 10 years has been 81.1%. Home Appreciation in Rutland is up 14.0%.
Average Age of Homes
- The median age of Rutland real estate is 37 years old
The Rental Market in Rutland
- Renters make up 13.3% of the Rutland population
- 1.3% of houses and apartments in Rutland, 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.