Rutland, VT—05701
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Rutland, VT
Home Price Trends — Rutland, VT
As of Oct '25, the median home price in Rutland, VT is $276,000, with a year-over-year change of 0.7%. This indicates that home prices in Rutland, VT are flat. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $276,000 | 0.7% |
| Single Family | $278,000 | 1.1% |
| Condos | $228,000 | 11.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $243,000 | 6.1% |
3 Bed | $314,000 | 5.0% |
4 Bed | $378,000 | 4.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Rutland, VT
As of July '25, Rentcast reports the average rent in Rutland, VT is $1,660, with a year-over-year rent change of -1.2%. Per bedroom, the median rent as of July '25 in Rutland, VT is studios: $983, 1-bedrooms: $1,320, 2-bedrooms: $1,760, 3-bedrooms: $2,280, 4-bedrooms: $3,920. The most common rental property sizes in Rutland, VT are studio and 1-bedroom, accounting for 40.9% and 27.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,660 |
| Studio Rent | $1,100 | $983 |
| 1 Bed Rent | $1,180 | $1,320 |
| 2 Bed Rent | $1,550 | $1,760 |
| 3 Bed Rent | $2,200 | $2,280 |
| 4 Bed Rent | $2,850 | $3,920 |
% of Rental Stock
Property Listings — Rutland, VT
As of Oct '25, Realtor.com reports that the median days on market for a home in Rutland, VT is 53. This is a increase of 17.0% 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 13.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $326,000 | -7.0% |
Listing Count | 75 | 25.0% |
| Listings as % of Homes | 0.4% | 25.0% |
Days on Market | 53 | 17.0% |
Demographics — Rutland, VT
As of the latest ACS Survey released in 2023, Rutland, VT has a population of 20,100, which has remained stable by 0.6% over the past 5 years. Rutland, VT is a moderately popular place for families, as children make up 15.0% of the population. The area has a moderately educated workforce, with 33.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 20,100 | 0.6% |
% Under 18 | 15.0% | -11.2% |
% Seniors | 25.8% | 18.3% |
% WFH | 7.7% | 102.6% |
% w/ College Degree | 33.9% | 8.7% |
As of the latest ACS Survey released in 2023, Rutland, VT is a predominantly white area, with 94.2% of the population identifying as white. The white population has remained stable in the last 5 years. The second most common race or ethnicity in Rutland, VT is hispanic, making up 2.1% of the population. Foreign-born residents account for 1.6% of the population in Rutland, VT, and this percentage has decreased by 40.7% 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 | 94.2% | 0.0% |
% Black | 0.6% | -60.0% |
% Hispanic | 2.1% | 40.0% |
% Asian | 0.7% | -58.8% |
% Foreign Born | 1.6% | -40.7% |
Mortgage and Risk — Rutland, VT
According to HUD data as of 2023, there were 226 mortgage originations in Rutland, VT, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Rutland, VT. Investor activity is low, as 2.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 226 |
% Conventional Loans | 75.0% |
% Government Loans | 25.0% |
% Investor Loans | 2.0% |
% Second Loans | 5.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Rutland, VT
Rutland, VT lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 931 |
Total Units Section 8 | 931 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 87.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$210 | $1,180 | $970 |
| 2 Bedroom | -$330 | $1,550 | $1,220 |
| 3 Bedroom | -$690 | $2,200 | $1,510 |
| 4 Bedroom | -$970 | $2,850 | $1,880 |
Affordability — Rutland, VT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.3 |
| Median Home Price | $276,000 |
| Median Household Income | $58,700 |