Market Overview
Home Prices in Rutland, OH
The median home value in Rutland, OH is $125,222 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 8.6% compared to a year ago and down 4.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Rutland are priced69% below average.
Over the past five years, Rutland home values have risen by approximately6.7%, reflecting steady appreciation in this market.
Price History
Rutland Home Price Trend
2020
$95,208
$95K
—
2021
$117,344
$117K
+23.3%
2022
$124,334
$124K
+6.0%
2023
$123,003
$123K
-1.1%
2024
$121,217
$121K
-1.5%
2025
$115,350
$115K
-4.8%
2026
$125,222
$125K
+8.6%
City Comparison
Rutland vs. National Median
🏠 Rutland
$125,222
National Median
$410,000
At $125,222, homes in Rutland cost 69% 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
$25,044
on $125,222
Monthly P&I
$653/mo
30-yr @ 6.8%
Total Monthly Est.
~$829/mo
incl. taxes & insurance
Income Needed
$33,160
gross annual (30% rule)
10% Down Option
$12,522
+ PMI applies
Loan Amount (20% dn)
$100,178
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, OH?
The median home value in Rutland is $125,222 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 8.6% year-over-year.
How much have home prices changed in Rutland?
Over the past year, home values in Rutland have increased by 8.6%. Over five years, prices have risen approximately 6.7%.
How much do I need to earn to buy a home in Rutland?
To comfortably afford the median home price of $125,222 with a 20% down payment ($25,044) at today's rates (6.8%), you'd need a gross annual income of approximately $33,160. 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 $125,222, homes in Rutland are 69% below the national average.