Market Overview
Home Prices in Rutland, IA
The median home value in Rutland, IA is $110,170 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.5% compared to a year ago and down 3.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Rutland are priced73% below average.
Price History
Rutland Home Price Trend
2022
$105,819
$106K
—
2023
$107,653
$108K
+1.7%
2024
$114,394
$114K
+6.3%
2025
$110,701
$111K
-3.2%
2026
$110,170
$110K
-0.5%
City Comparison
Rutland vs. National Median
🏠 Rutland
$110,170
National Median
$410,000
At $110,170, homes in Rutland cost 73% below the national median of $410,000. This makes Rutland a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Rutland?
20% Down Payment
$22,034
on $110,170
Monthly P&I
$575/mo
30-yr @ 6.8%
Total Monthly Est.
~$730/mo
incl. taxes & insurance
Income Needed
$29,200
gross annual (30% rule)
10% Down Option
$11,017
+ PMI applies
Loan Amount (20% dn)
$88,136
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Rutland, IA?
The median home value in Rutland is $110,170 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.5% year-over-year.
How much have home prices changed in Rutland?
Over the past year, home values in Rutland have decreased by 0.5%.
How much do I need to earn to buy a home in Rutland?
To comfortably afford the median home price of $110,170 with a 20% down payment ($22,034) at today's rates (6.8%), you'd need a gross annual income of approximately $29,200. This assumes keeping total housing costs at or below 30% of gross income.
How does Rutland compare to the national average home price?
The national median home value is approximately $410,000. At $110,170, homes in Rutland are 73% below the national average.