Due to climate change and the expansion of cultivation areas through the use of reclaimed land, changes in the selection of Italian ryegrass (Lolium multiflorum L.) varieties are anticipated. This study was conducted to compare the growth characteristics before overwintering, productivity, and feed value of eight Italian ryegrass varieties with different maturing stages under the same cultivation conditions. The variety 'Lm4ho', a medium-maturing type, showed superior growth characteristics before overwintering, including plant height, leaf length, and leaf width. The heading date was advanced in all varieties, with a greater degree of advancement observed in varieties with earlier heading dates. When harvested at the heading stage of the early-maturing types, the dry matter yield of the medium-maturing types was not significantly different from that of the early-maturing types. However, when harvested at the heading stage of the medium-maturing types, the dry matter yield was higher than that of the early-maturing types. Specifically, 'Lm4ho' produced 2,518 kg/ha more than 'Kowinearly'. The late-maturing variety IR901 and the medium-maturing varieties 'Lm4ho' and 'Kowinmaster' showed statistically superior dry matter yields. In terms of forage value, including crude protein (CP), total digestible nutrients (TDN), and relative feed value (RFV), the medium- and late-maturing types outperformed the early-maturing types. Notably, 'Lm4ho', 'IR 901', and 'Hwasan 104' were evaluated as suitable varieties for high-quality forage production. These results suggest that medium-maturing varieties may be suitable for double cropping in the central regions due to climate change. We propose that future breeding of Italian ryegrass should expand from focusing on cold tolerance and early-maturing varieties to include medium- and late-maturing varieties that consider both productivity and quality.