1

Rutland, VT Condo for Sale

Section Image
  • /5

    $200,000

    74 Traverse Place, Rutland, VT 05701

    Unlock the potential of this prime 0.73-acre parcel in the heart of Rutland City—a ready-to-go investment project ideal for developers or portfolio builders.Current engineering plans support either of the following configurations:Two 2-story buildings with a total of 9 spacious residential units, ORUp to 20 efficiency apartments—perfect for maximizing rental income and

    Mark Noble Welcome Home Real Estate

    74 Traverse Place, Rutland, VT 05701

Why Live in Rutland

Rutland, Vermont, located in the foothills of the Green Mountains, is a small but growing community known for its rich history and vibrant local culture. The city, once a hub for marble quarrying, now thrives with top employers like GE Aerospace and the Rutland Regional Medical Center. Rutland offers a mix of competitively priced homes, including large, updated Victorian houses, particularly along Main Street. Outdoor enthusiasts will appreciate the proximity to ski resorts in Mendon and Killington, less than 20 miles away, and water sports at Lake Champlain, about 55 miles west. Within Rutland, over half of the residents live within a 10-minute walk of a park, such as White Memorial Park and the Cioffredi Complex. The downtown area is a focal point for arts and entertainment, featuring historic marble storefronts, a marble sculpture trail, and numerous murals. Dining and shopping options are plentiful, with national chains near the Vermont State Fairgrounds. Education in Rutland includes highly rated private schools like Rutland Area Christian School and Mount St. Joseph Academy, alongside a robust public school system. The city is well-connected via U.S. routes 4 and 7, public bus services, Amtrak, and the Rutland Southern Vermont Regional Airport. Recent FBI reports indicate a 17% decline in both violent and property crimes, making Rutland safer than the national average.

Home Trends in Rutland, VT

Housing Trends

Median Sale Price
$288,000
Median Single Family Sale Price
$297,000
Median Townhouse Sale Price
$318,000
Median 2 Bedroom Sale Price
$318,000
Average Price Per Sq Ft
$189
Number of Homes for Sale
42
Last 12 months Home Sales
157
Months of Supply
3.20
Median List Price
$310,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
5%
How to Buy a Home How to Finance a Home How to Sell a Home