Rutland, VT Housing Market
AI-powered market intelligence for the Rutland, VT metro area.
PropertyIQ Scores
Rutland, VT Market Analysis
Market Overview
Rutland’s housing market receives a PropertyIQ Score of 82 out of 100, positioning it as strong. The score reflects 12-month home value momentum of 9.72%, 3-month momentum of 0.63%, median days on market of 47 days, and a price-cut share of 18.1%. Compared with state benchmarks, Rutland’s median home value of $321,855 is well below Vermont’s $405,980, while its rent index of $1,651 is far above the state average of $1,193. Unemployment matches the state at 2.6%, but median household income of $64,778 trails the state median of $78,024.
This creates a market with below-state home prices and above-state rents. That mix can favor ownership over renting, though lower local incomes may offset some affordability. Inventory of 263 homes and 47 median days on market suggest steady, not overheated, conditions.
Key Trends
First, price growth is moderating. The 12-month home value momentum of 9.72% is strong, but the 3-month momentum of 0.63% is much cooler, and the listed year-over-year home value change is only $6. The gap between the 12-month and 3-month figures points to decelerating appreciation.
Second, Rutland’s rental market is notably strong. Its rent index of $1,651 is $458 above the state average of $1,193, despite Rutland’s lower median household income. That suggests elevated rental demand or limited rental supply relative to the state.
Third, sales conditions are balanced. Median days on market of 47 days and a price-cut share of 18.1% indicate that nearly one in five sellers adjusts price, while 263 homes for sale gives buyers some selection without signaling a stalled market.
Fourth, affordability is mixed. Rutland’s median home value is about 21% below the state median, but its median household income is about 17% below the state median. Homes are less expensive than the Vermont norm, but local incomes are also lower.
Who Is This Market For
Rutland suits first-time buyers and renters seeking ownership. With a median home value of $321,855 compared with the state average of $405,980, and a rent index of $1,651 well above the state’s $1,193, buying may compare favorably to renting for qualified households. However, the local median household income of $64,778 is a limiting factor.
The market also fits rental property investors. The rent index of $1,651 is substantially higher than the state average, while median home values remain lower than the state norm, creating a favorable rent-to-home-value spread. Unemployment of 2.6% matches the state average, supporting a stable tenant base.
Move-up buyers and long-term owners may also find opportunity because 47 days on market and 263 listings provide choices without extreme competition. Population growth is listed as N/A, so population-driven demand is not a clear data-backed factor.
Outlook
Rutland’s outlook is positive but moderating. The 12-month home value momentum of 9.72% shows meaningful recent appreciation, while the 3-month momentum of 0.63% and 18.1% price-cut share point to a cooler, more balanced pace ahead. Median days on market of 47 days and 263 homes for sale support a stable sales environment rather than a sharp slowdown. The rent index of $1,651, well above the state average of $1,193, should continue to support rental demand and investor interest, especially with unemployment at 2.6%. The main constraint is income: at $64,778, the median household income is below the state median of $78,024, which may limit how far prices can run. With population growth listed as N/A, the data do not provide a demographic growth tailwind. Overall, the numbers support steady to moderate growth rather than continued double-digit appreciation.
AI-generated analysis based on current market data. Last updated September 11, 2026.
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Rutland, VT market data
Rutland, VT Housing Market Overview
Rutland, VT's median home value is $322K, up 9.7% over the past year. Homes here sell in a median 47 days. Its PropertyIQ Score of 82 sits well above the state average of 50, marking a market positioned to outperform its state over the next three years.
The Rutland, VT metro area is one of 900+ US metropolitan markets that PropertyIQ scores each month. A single PropertyIQ Score blends Zillow price momentum with Realtor.com market-flow signals to estimate 3-year excess appreciation versus the market's state — showing not just where prices stand today, but how the market is positioned relative to its peers.
New England's housing market is shaped by historic density, prestigious universities, and a mature healthcare and biotech economy. Markets here tend toward stability, with slower but steady appreciation driven by constrained supply and strong institutional demand. Within the New England, Rutland, VT's PropertyIQ Score of 82 ranks among the New England's stronger demand signals.
The PropertyIQ Score for the Rutland, VT market is built from four inputs: Zillow home-value momentum over twelve months, Zillow home-value momentum over three months, the median days listings spend on the market (Realtor.com), and the share of listings with a price cut (Realtor.com). The score runs on a 1 to 99 scale computed across all metro markets nationally and calibrated so 50 equals the state average — a score above 50 means this market is positioned to outperform its state, and a score below 50 means it is set to lag. Momentum here has been positive, with home values up 9.7% over the past year.
Explore the interactive map to see how Rutland, VT compares to neighboring metros, or view the full market dashboard for detailed analytics including time-series trends, score breakdowns, and AI-generated market reports.
Counties in the Rutland, VT metro area
ZIP codes in the Rutland, VT metro area
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Market data through July 2026. Sourced from Zillow, Realtor.com, Redfin, U.S. Census Bureau, FRED, BLS, and BEA. Per-statistic source and date shown above.
Frequently Asked Questions
Is Rutland, VT a good place to buy real estate in 2026?
PropertyIQ doesn't label markets simply good or bad. Instead, the PropertyIQ Score measures a market's demand momentum against its own state, where 50 marks the state average. Rutland, VT currently scores 82, a strong-momentum reading that leaves it positioned to outperform its state over the next three years. For buyers, strengthening demand usually means rising competition and firmer prices, so waiting can cost you negotiating room. Backing that up, the median home value here is $322K, up 9.7% over the past year. So whether Rutland, VT is right for you comes down to your goals: a rising-momentum market can favor long-term appreciation but offers less room to negotiate, while a cooling one hands buyers more leverage. Treat the score as a timing signal to weigh alongside your budget, holding period, and plans for the property, not a verdict on the market's quality.
What is the PropertyIQ Score for Rutland, VT?
Rutland, VT's PropertyIQ Score is 82, indicating strong momentum on a 1-to-99 scale. The score distills four transparent inputs into a single number: Zillow home-value momentum over the past 12 months, Zillow home-value momentum over the past 3 months, the median days homes spend on the market from Realtor.com, and the share of listings with a price cut, also from Realtor.com. Rising values and faster sales push the score up, while slow sales and frequent price cuts pull it down. The scale is calibrated so 50 equals the state average, meaning a score above 50 predicts the market will outperform its state over the next three years and a score below 50 predicts underperformance. PropertyIQ computes the score across every US market nationally, then recenters it against each state, so 82 places Rutland, VT above its state benchmark.
Are home prices in Rutland, VT rising or falling?
Home prices in Rutland, VT are rising. Over the past year, the median home value increased 9.7%, reaching $322K. Over the latest three months, values moved up 0.6%, a sign near-term demand remains firm. PropertyIQ derives these figures from Zillow's home-value index, which tracks the typical value across the market rather than only the homes that happened to sell, giving a steadier read than a raw median sale price. Both the 12-month and 3-month momentum readings feed directly into the PropertyIQ Score, so this price trend is one of the core signals behind Rutland, VT's current score. Keep in mind that appreciation can vary widely by neighborhood and price tier across the metro area, so treat these figures as the market-wide baseline rather than a guarantee for any single property.
How quickly do homes sell in Rutland, VT?
In Rutland, VT, homes sell in a median of 47 days from listing to pending sale, based on Realtor.com market data. Median days on market is one of the clearest real-time reads on local demand: when homes move quickly, buyers are competing and sellers hold the advantage, while lengthening timelines signal cooling interest and more room to negotiate. Alongside sale speed, about 18% of active listings here have taken at least one price cut — a complementary demand gauge, since a rising share of reductions often precedes slower sales and softer prices. Both median days on market and the price-cut share feed directly into the PropertyIQ Score, where faster sales and fewer cuts push the score higher. As a general guide, medians under about 30 days indicate a brisk, competitive market, while medians well beyond 60 days point to buyers regaining leverage. Actual time on market still varies by price band, property type, and season, so treat the median as a market-wide baseline.
How current is this metro area data?
This Rutland, VT market data is refreshed on a monthly cycle, with the latest figures current through July 2026. PropertyIQ ingests fresh data every month from a range of authoritative sources: home values and rents from Zillow, days on market and price-cut activity from Realtor.com, additional housing signals from Redfin, demographic and housing-stock data from the U.S. Census Bureau, mortgage and macroeconomic series from FRED, and employment figures from the Bureau of Labor Statistics and the Bureau of Economic Analysis. The PropertyIQ Score itself is recomputed every month once the new source data lands, so the score and its four underlying inputs always reflect the most recent complete reporting period rather than a static snapshot. Because official housing data is typically released with a short lag, the current-through date usually trails the present by a few weeks, which is normal across the industry and not a sign the data is out of date.