There are currently 960 real estate properties in West Rutland, VT, with a median automated valuation model (AVM) price of $228,559.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in West 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 West Rutland, VT, is $260,478.00, with the most expensive house in West Rutland, VT, topping out at $1,448,251.00 and the cheapest home in West Rutland, VT, clocking in at $29,670.00. In other words, there’s something for every potential homebuyer or savvy investor in West Rutland, VT!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in West Rutland, VT, is on a rollercoaster ride. The average rent price in West Rutland, VT, is $1,306.00. Indeed, when looking to rent in West Rutland, VT, you can expect to pay as little as $750.00 or as much as $2,120.00, with the average rent median estimated to be $1,300.00. The good news is that finding an affordable and desirable property to rent in West 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.
West Rutland is located in Rutland, Vermont, with an estimated municipal population of 2,358 residents. All of the best foreclosed homes for sale in West Rutland are located in the following zip code areas on Foreclosure.com: 05777 05744. The estimated population per square kilometer (.62 miles) in West Rutland is 50.
So, about how much do homes cost in West Rutland? The most recent median value of resident-owned homes in West Rutland is 148,547. An estimated 78.8 percent of households in West Rutland own their homes, with an average family size of 3.02. The median household income in West Rutland is 52,276, with16.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in West Rutland, the median commute time of resident workers (in minutes) is 19.3. And last, but certainly not least, are you looking for homes to rent in West Rutland? If so, the average rent price paid by renters in West Rutland is 813, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to West Rutland, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in West Rutland is 41.4, split between 46.3 percent male versus 53.7 female. The percentage of residents who report being married in West Rutland is 48, with an average family size of 3.02.
The percentage of residents who report their race in West Rutland is as follows:
| White | 97.6% |
| Black / African American | 0% |
| Asian | 0% |
| American Indian / Alaskan Native | 0% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 0.6% |
| Other | 1.8% |
Looking for family-friendly neighborhoods in and/or near West Rutland? Or maybe you are searching for 55+ active adult communities in and/or near West Rutland?
The percentage of residents who report their age in West Rutland is as follows:
| Under 10 | 7.4% |
| Aged 10-19 | 17.5% |
| 20s | 10.2% |
| 30s | 13.9% |
| 40s | 12.8% |
| 50s | 13% |
| 60s | 13.6% |
| 70s | 9.3% |
| 80+ | 2.5% |
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in West Rutland with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in West Rutland.
How do you know that living in -- or moving to -- West Rutland is right where you need to be? Perhaps you grew up in West Rutland or already live nearby; therefore, the decision to buy a home in West Rutland is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to West Rutland for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in West Rutland:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like West Rutland.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in West Rutland can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in West Rutland, meanwhile, can field multiple offers from more qualified buyers.
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