Market Overview
Home Prices in Rutledge, MN
The median home value in Rutledge, MN is $191,900 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.2% compared to a year ago and down 9.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Rutledge are priced53% below average.
Over the past five years, Rutledge home values have risen by approximately10.8%, reflecting steady appreciation in this market.
Price History
Rutledge Home Price Trend
2020
$143,555
$144K
—
2021
$173,120
$173K
+20.6%
2022
$209,675
$210K
+21.1%
2023
$209,007
$209K
-0.3%
2024
$204,802
$205K
-2.0%
2025
$185,933
$186K
-9.2%
2026
$191,900
$192K
+3.2%
City Comparison
Rutledge vs. National Median
🏠 Rutledge
$191,900
National Median
$410,000
At $191,900, homes in Rutledge cost 53% below the national median of $410,000. This makes Rutledge a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Rutledge?
20% Down Payment
$38,380
on $191,900
Monthly P&I
$1,001/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,271/mo
incl. taxes & insurance
Income Needed
$50,840
gross annual (30% rule)
10% Down Option
$19,190
+ PMI applies
Loan Amount (20% dn)
$153,520
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 Rutledge, MN?
The median home value in Rutledge is $191,900 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.2% year-over-year.
How much have home prices changed in Rutledge?
Over the past year, home values in Rutledge have increased by 3.2%. Over five years, prices have risen approximately 10.8%.
How much do I need to earn to buy a home in Rutledge?
To comfortably afford the median home price of $191,900 with a 20% down payment ($38,380) at today's rates (6.8%), you'd need a gross annual income of approximately $50,840. This assumes keeping total housing costs at or below 30% of gross income.
How does Rutledge compare to the national average home price?
The national median home value is approximately $410,000. At $191,900, homes in Rutledge are 53% below the national average.