Rutland, MA—01543
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Rutland, MA
As of Oct '25, the median home price in Rutland, MA is $524,000, with a year-over-year change of 1.1%. This indicates that home prices in Rutland, MA are increasing. According to Zillow, the 1-year price projection is 2.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $524,000 | 1.1% |
| Single Family | $547,000 | 0.7% |
| Condos | $272,000 | 0.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $199,000 | -1.5% |
2 Bed | $336,000 | -1.8% |
3 Bed | $535,000 | 0.9% |
4 Bed | $615,000 | 1.2% |
| 5 Bed | $665,000 | 0.2% |
% of Housing Stock
Rental Trends — Rutland, MA
As of July '25, Rentcast reports the average rent in Rutland, MA is $2,400, with a year-over-year rent change of 16.5%. Per bedroom, the median rent as of July '25 in Rutland, MA is 1-bedrooms: $1,400, 2-bedrooms: $1,850, 3-bedrooms: $2,800, 4-bedrooms: $4,250. The most common rental property sizes in Rutland, MA are 2-bedroom and 1-bedroom, accounting for 34.4% and 25.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,300 | $2,400 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,400 | $1,400 |
| 2 Bed Rent | $1,900 | $1,850 |
| 3 Bed Rent | $2,800 | $2,800 |
| 4 Bed Rent | $4,250 | $4,250 |
% of Rental Stock
Property Listings — Rutland, MA
As of Oct '25, Realtor.com reports that the median days on market for a home in Rutland, MA is 61. This is a increase of 77.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 39.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $515,000 | -12.0% |
Listing Count | 31 | 76.0% |
| Listings as % of Homes | 0.2% | 76.0% |
Days on Market | 61 | 77.0% |
Demographics — Rutland, MA
As of the latest ACS Survey released in 2023, Rutland, MA has a population of 9,200, which has increased by 7.2% over the past 5 years. Rutland, MA is a popular place for families, as children make up 26.1% of the population. The area has a moderately educated workforce, with 41.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 9,200 | 7.2% |
% Under 18 | 26.1% | 2.0% |
% Seniors | 12.9% | 20.6% |
% WFH | 15.9% | 160.7% |
% w/ College Degree | 41.8% | -11.8% |
As of the latest ACS Survey released in 2023, Rutland, MA is a predominantly white area, with 91.0% of the population identifying as white. The white population has shrunk by 3.5% in the last 5 years. The second most common race or ethnicity in Rutland, MA is hispanic, making up 4.2% of the population. Foreign-born residents account for 4.7% of the population in Rutland, MA, and this percentage has decreased by 30.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 91.0% | -3.5% |
% Black | 0.8% | ∞% |
% Hispanic | 4.2% | 5.0% |
% Asian | 2.5% | 127.3% |
% Foreign Born | 4.7% | -30.9% |
Mortgage and Risk — Rutland, MA
According to HUD data as of 2023, there were 217 mortgage originations in Rutland, MA, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Rutland, MA. Investor activity is low, as 0.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 217 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Rutland, MA
As of 2024, the percent of homes in Rutland, MA under the Section 8 program is 14.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Rutland, MA, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 54 |
Total Units Section 8 | 54 |
% Rentals under Section 8 | 14.1% |
% Occupied Section 8 | 94.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$170 | $1,400 | $1,230 |
| 2 Bedroom | -$320 | $1,900 | $1,580 |
| 3 Bedroom | -$870 | $2,800 | $1,930 |
| 4 Bedroom | -$2,130 | $4,250 | $2,120 |
Affordability — Rutland, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $524,000 |
| Median Household Income | $156,000 |