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  4. /Rutland, MA - 01543

Rutland, MA—01543

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$545,000
1.9% YoY Growth
Household Income
$156,000
49.5% YoY Growth
Days on Market
57
42.0% Longer YoY
Home Price Forecast
2.0%
Median Rent
$2,300
16.5% YoY Growth
1-Bed Rent
$1,400
27.3% YoY Growth
2-Bed Rent
$1,900
1.1% YoY Growth
3-Bed Rent
$2,800
5.7% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Rutland, MA

As of May '26, the median home price in Rutland, MA is $545,000, with a year-over-year change of 1.9%. This indicates that home prices in Rutland, MA are increasing. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$545,0001.9%
Single Family $570,0002.3%
Condos $274,0000.7%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

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  • Affordability
  • Rentals and Section 8
    • $211,000
    1.4%
    2 Bed
    		$345,0001.2%
    3 Bed
    		$557,0002.4%
    4 Bed
    		$638,0002.4%
    5 Bed $693,9052.0%
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    % of Housing Stock

    Studio
    3.2%
    1 Bedroom
    5.5%
    2 Bedrooms
    14.2%
    3 Bedrooms
    44.8%
    4 Bedrooms
    27.5%
    5+ Bedrooms
    4.9%

    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.

    TypeMedian RentAverage Rent
    Average Rent$2,300$2,400
    Studio Rent N/AN/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
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    % of Rental Stock

    Studio
    13.2%
    1 Bedroom
    25.1%
    2 Bedrooms
    34.4%
    3 Bedrooms
    17.5%
    4 Bedrooms
    7.9%
    5+ Bedrooms
    2.0%

    Property Listings — Rutland, MA

    As of May '26, Realtor.com reports that the median days on market for a home in Rutland, MA is 57. This is a increase of 42.0% 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 15.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$516,000-4.0%
    Listing Count
    		55157.0%
    Listings as % of Homes0.2%157.0%
    Days on Market
    		5742.0%
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    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.

    MetricLatest CensusYoY % Change
    Population
    		9,2007.2%
    % Under 18
    		26.1%2.0%
    % Seniors
    		12.9%20.6%
    % WFH
    		15.9%160.7%
    % w/ College Degree
    		41.8%-11.8%
    Loading chart...

    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

    MetricLatest Census5-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%
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    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

    MetricZip 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%
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    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 SizeHUD PremiumMarket RentMax 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

    MetricZip Code Average
    Home Price to Income Ratio2.9
    Median Home Price$545,000
    Median Household Income$156,000

    Rutland, MA — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    01612

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    Frequently Asked Questions