Home Values

Rutland Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$126,300

  • -6.6% 1-year change
  • None 1-year forecast

The median home value in Rutland is $126,300. Rutland home values have declined -6.6% over the past year. The median price of homes currently listed in Rutland is $189,000.

Foreclosures will be a factor impacting home values in the next several years. In Rutland 22.6 homes are foreclosed (per 10,000). This is greater than the national value of 4.0

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Rutland is 20.0%, which is higher than the national value of 6.4%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Rutland homeowners underwater on their mortgage is 23.8%.

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Relative ZHVI
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Rutland Market Overview

Data through Jan 31, 2015
  • $126,300 ZHVI
  • No data 1-yr forecast
  • $189,000 Median listing price
  • No data Median sale price
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Rutland Market Health

Data through Jan 31, 2015
  • 1.3/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
    (Dec 31, 2014)
  • No data Average days on Zillow
  • 23.8% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 20.0% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)
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Nearby Cities

Name Median ZHVI
Le Ray $155,000
Champion $150,500
Pamelia $131,800
Name Median ZHVI
West Carthage $122,200
Town of Watertown $120,100
Carthage $116,400

Listings & Sales

Data through Jan 31, 2015
  • $117 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
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Rutland Rentals

Data through Jan 31, 2015
  • Zillow Rent Index

  • $1,373 Rutland
    $1,366 Watertown Metro
    $1,350 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.7 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No data Rent list price
  • No data Rent list price / sq ft
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