Is Putnam County, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Putnam County was a Seller's Market.
Housing Prices in Putnam County, FL
How much do homes in Putnam County, FL cost?
Median Sold Price
$234,404
$161/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Putnam County was $234,404 in March 2024, down 2.3% from last year, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $165K | $120.2K | -27.1% |
2 Bedrooms | $174K | $172K | -1.1% |
3 Bedrooms | $243.9K | $233.8K | -4.1% |
4 Bedrooms | $265.4K | $265K | -0.2% |
5+ Bedrooms | $310K | $320K | +3.2% |
Summary: Putnam County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 27.1%, 2 bedroom homes decreased by 1.1%, 3 bedroom homes decreased by 4.1%, 4 bedroom homes decreased by 0.2%, and 5+ bedroom homes increased by 3.2%.
Median Sold Price Compared To Nearby Counties
Clay County | $349.1K | $349.9K | 0.2% |
Marion County | $274.5K | $274.1K | -0.1% |
Saint Johns County | $500.5K | $499.9K | -0.1% |
Putnam County | $239.9K | $234.4K | -2.3% |
Flagler County | $370.8K | $356.8K | -3.8% |
Housing Supply in Putnam County, FL
How many homes are available in Putnam County, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
362 | 387 | +6.9% |
Summary: The Putnam County real estate market had 387 homes for sale in March 2024, a 6.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 5 | 0.0% |
2 Bedrooms | 77 | 82 | +6.5% |
3 Bedrooms | 198 | 216 | +9.1% |
4 Bedrooms | 66 | 66 | 0.0% |
5+ Bedrooms | 16 | 18 | +12.5% |
Summary: The Putnam County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 6.5%, 3 bedroom homes increased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
60 | 58 | -3.3% |
Asking Price vs. Sold Price
39 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 58 homes were sold or pending in Putnam County in March 2024, down by 3.3% month-over-month. Of the 58 sold homes, 67% were sold under asking, 28% were sold at asking, and 5% were sold over asking.
Days on Market for Putnam County, FL
How long does it take to sell a home in Putnam County, FL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
92 Days | 90 Days | -2.6% |
Summary: Homes in Putnam County had an average of 90 days on market in Mar 2024, down by 2.6% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
21 Homes Were Sold
Over 90 Days
Summary: During March 2024, 58 homes were sold in Putnam County; 36% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.