Home Values

Rutledge 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

$177,400

  • 31.4% 1-year change
  • None 1-year forecast

The median home value in Rutledge is $177,400. Rutledge home values have gone up 31.4% over the past year. The median price of homes currently listed in Rutledge is $269,000.

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 Rutledge is 2.6%, which is lower than the national value of 6.9%. 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 Rutledge homeowners underwater on their mortgage is 14.3%, which is lower than Morgan County at 16.7%.

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Relative ZHVI
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Rutledge Market Overview

Data through Aug 31, 2014
  • $177,400 ZHVI
  • No data 1-yr forecast
  • $269,000 Median listing price
  • No data Median sale price
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Rutledge Market Health

Data through Aug 31, 2014
  • 8.8/10 Very 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.
  • No data Average days on Zillow
  • 14.3% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 2.6% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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Nearby Cities

Name Median ZHVI
Buckhead $260,200
Madison $189,700
Oxford $119,200
Name Median ZHVI
Covington $98,600
 
 

Listings & Sales

Data through Aug 31, 2014
  • $112 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 26.9% Listings with price cut
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Rutledge Rentals

Data through Aug 31, 2014
  • Zillow Rent Index

  • $1,176 Rutledge
    $1,188 Morgan County
    $1,328 United States

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

  • No data Breakeven horizon
  • No data Rent list price
  • No data Rent list price / sq ft
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