Housing Prices in Putnam, IL

How much do homes in Putnam, IL cost?

Median List Price

$269,450

$166/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

+$69,550(+34.8%)

Key Takeaway

The list price of homes in Putnam has increased by 34.8% since last year.

Summary: The median home list price in Putnam was $269,450 in March 2024, up 34.8% from the previous year, and the median price per square foot was $166.

Median List Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $195K$171.9K
-11.8%
3 $188K$312.4K
+66.2%
4 $269.9K$324.9K
+20.4%
5+ $325K$460K
+41.5%

Summary: Putnam housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 11.8%, 3 bedroom homes increased by 66.2%, 4 bedroom homes increased by 20.4%, and 5+ bedroom homes increased by 41.5%.

Median List Price Compared To Nearby Cities

Putnam
+34.8%
Senachwine Township
+34.8%
Henry Township
+22.2%

Housing Supply in Putnam, IL

How many homes are available in Putnam, IL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
711+57.1%

Summary: The Putnam real estate market had 11 homes for sale in March 2024, a 57.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 46
+50.0%
4 12
+100.0%
5+ 00
0.0%

Summary: The Putnam 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 50%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Days on Market for Putnam, IL

How long does it take to sell a home in Putnam, IL?

Average Listing Age

Mar 2023Mar 2024CHANGE
112 Days44 Days-60.5%

Summary: Homes in Putnam had an average listing age of 44 days in Mar 2024, down by 60.5% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 24 Days Ago

Newest Listings in Putnam, IL

Nearby Markets to Putnam, IL

What housing markets are near Putnam, IL?