Yes, the guttering would take care of that, regardless of how much overhang there is on the eaves.
I guess you're referring to the gables, where there is no roof drainage. Most modern houses do have a certain amount of overhang on the gable verges. Ironically, water hitting the wall doesn't really matter as the walls are of cavity construction. The outer leaf is designed to be wet.
It's older properties, which are usually of solid wall construction, that often have little or no overhang at the gables. I agree. This is not ideal. It's just the way it is (or was.) It's called "tradition" ;o)