Rutland, NY housing market
Home prices around Rutland have risen about 21% over the past 5 years.
Home values, sales, trends and how Rutland compares with the towns next door — updated as new data is published.
Home prices up 21% in 5 years
The federal house price index for the ZIP codes around Rutland rose 21% over the past 5 years, slower than across New York (52%). Last year prices rose 1.1%. Carrying the Census median home value forward with that index puts the typical Rutland home at roughly $265,000 today.
Show as a table
| Year | Change that year | Since 2002 | New York since 2002 |
|---|---|---|---|
| 2025 | +1.1% | +133% | +145% |
| 2024 | +4.9% | +131% | +131% |
| 2023 | +3.9% | +120% | +116% |
| 2022 | +3.8% | +112% | +99% |
| 2021 | +6% | +104% | +77% |
| 2020 | +7.2% | +93% | +61% |
| 2019 | +1.1% | +80% | +56% |
| 2018 | +6.9% | +78% | +51% |
| 2017 | +2.3% | +66% | +43% |
| 2016 | −5.4% | +63% | +36% |
| 2015 | +3% | +72% | +32% |
| 2014 | −4.2% | +67% | +29% |
| 2013 | +1.7% | +74% | +26% |
| 2012 | −0.5% | +71% | +25% |
| 2011 | +2.1% | +72% | +28% |
| 2010 | +2.4% | +69% | +31% |
| 2009 | +1.6% | +65% | +35% |
| 2008 | +1.1% | +62% | +43% |
| 2007 | +3.2% | +61% | +47% |
| 2006 | +18% | +56% | +46% |
| 2005 | +18% | +32% | +37% |
| 2004 | +9% | +12% | +21% |
| 2003 | +2.8% | +2.8% | +8.2% |
| 2002 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 13601, 13612, 13626, covering 50% of Rutland’s land, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost. The estimated value scales the Census (ACS 2020-2024) median home value by that change.
Rutland and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Rutland | — | +1.1%† | $1,230 | — | $72,404 |
| Le Ray | — | — | $1,480 | — | $63,073 |
| Black River | $250K | +4.4% | $1,220 | 0 | $86,645 |
| Champion | — | −9.2%† | $1,250 | — | $56,875 |
| Watertown | $206K | +4.4% | $1,290 | — | $69,809 |
| Rodman | $243K | +4.4% | $1,420 | — | $82,845 |
† FHFA price index change, where Zillow has no home value for the town.
2.8 years of income
The typical Rutland home costs about 2.8 years of the town's median household income, less than across New York (6.1 years).
How Rutland ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,230
HUD's Fair Market Rent for a two-bedroom in Rutland is $1,230 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Rutland pay a median of $908, so moving in tends to cost more than staying put. A two-bedroom takes about 20% of the town's median household income.
Studio $860 · 4 bedrooms $2,030
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (13601, 13612, 13626; Watertown-Fort Drum, NY MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.