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Cheap Homes in Rutland, VT

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Living in Rutland, VT

Rutland, Vermont is a charming city surrounded by beautiful mountains and outdoor amenities. It features strong educational institutions, a variety of local businesses, and a vibrant community life. Families and outdoor enthusiasts will find plenty of reasons to love this town.

Current Market Conditions in Rutland, VT

The real estate market in Rutland is currently favorable for buyers, with a modest supply of homes available. Prices have remained stable over the past year, making it an attractive investment opportunity for those looking to enter the Vermont real estate market. The area is experiencing a gradual increase in interest from buyers seeking a peaceful lifestyle away from larger urban centers.

Investors can benefit from the growing trend of urban to rural migration, as more people seek affordable living options in scenic locations. As developments continue and the local economy grows, property values in Rutland could start to rise, presenting an opportunity for long-term appreciation.

Home Value Estimator For Rutland, VT

There are currently 7,084 real estate properties in Rutland, VT, with a median automated valuation model (AVM) price of $252,309.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Rutland, VT, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Rutland, VT, is $324,932.00, with the most expensive house in Rutland, VT, topping out at $18,605,190.00 and the cheapest home in Rutland, VT, clocking in at $13,428.00. In other words, there’s something for every potential homebuyer or savvy investor in Rutland, VT!

Rent Prices In Rutland, VT

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Rutland, VT, is on a rollercoaster ride. The average rent price in Rutland, VT, is $1,269.00. Indeed, when looking to rent in Rutland, VT, you can expect to pay as little as $700.00 or as much as $2,450.00, with the average rent median estimated to be $1,230.00. The good news is that finding an affordable and desirable property to rent in Rutland, VT -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Cheap Homes in Rutland, VT


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