Rutland, ND is a small town located in the midwest and has a median housing value of $76,000. This value is significantly lower than the national median value of $338,100. However, Rutland has seen an impressive 12.36% appreciation rate in 1 year, which is higher than the national rate of 8.27%. This suggests that there may be opportunities for individuals to purchase homes in Rutland at a more affordable price and watch it appreciate in value over time.
The median home cost in Rutland is $76,000. Home appreciation the last 10 years has been 77.7%. Home Appreciation in Rutland is up 13.5%.
Average Age of Homes
- The median age of Rutland real estate is 62 years old
The Rental Market in Rutland
- Renters make up 16.8% of the Rutland population
- 6.2% 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.