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Featured local agent — Rutland, IL
Sarah Mitchell
Compass Real Estate · Rutland, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Rutland, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$78,500median sale price
How is the Rutland, IL housing market right now?
The median home sale price in Rutland, IL is $78,500. Homes sell in an average of 36 days. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of October 2023 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Rutland a buyer's or seller's market?
Rutland, IL is currently a leaning buyer's and homes selling in about 36 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
36
Average pace
Active listings
—
Sale-to-list
92.3%
Below asking
What does the Rutland housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $78,500 |
| Average days on market | 36 days |
| Sale-to-list price ratio | 92.3% |
| Median price per sq ft | $36/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Rutland by property type?
How the Rutland, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $78,500 | $36/sq ft | 1 | 36 days |
Source: Redfin · Updated monthly
The Rutland housing market is currently classified as a leaning buyer's with a median sale price of $78,500. Prices have fallen 0.0% compared to last year, with homes spending an average of 36 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Rutland
Explore homes currently listed for sale in Rutland, Illinois across major real estate platforms.
Who lives in Rutland?
Population
189
Median income
$49,063/yr
Median age
58.5 years
Owner-occupied
85.9%
College grads
6.4%
Avg commute
30.2 min
Source: U.S. Census Bureau ACS
What is it like to live in Rutland?
Rutland is a community of approximately 0K residents with a median age of 58.5 years.The median household income is $49,063, which represents a working-class community with solid middle-income opportunities. 6.4% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 85.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 30.2 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Rutland offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Rutland, IL?
Want a head-to-head view? Compare Rutland side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Rutland?
The median home sale price in Rutland is $78,500, down 0.0% from last year.
How long do homes stay on market in Rutland?
Homes typically spend 36 days on market before going under contract.
What is the median income in Rutland?
The median household income is $49,063 per year.
How much does a single-family home cost in Rutland?
The median single-family home price in Rutland, IL is $78,500 (about $36 per square foot).
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