Is Putnam County, TN a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Putnam County is a neutral's market


Difference Since April 2022

At the same time last year, Putnam County was a Seller's Market.

Key Takeaway

Putnam County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in Putnam County, TN cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since April 2022


Key Takeaway

Homes in Putnam County have sold for 7.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2022Apr 2023%
1 $88.7K$125K
2 $187.5K$236.2K
3 $276.3K$305K
4 $396K$404.5K
5+ $519.5K$553K

Median Sold Price Compared To Nearby Counties

Putnam County
DeKalb County
White County
Overton County
Jackson County

How many homes are available in Putnam County, TN?

Number of Homes For Sale

Mar 2023Apr 2023%

Homes For Sale By Bedroom Count

# BEDSMar 2023Apr 2023%
1 24
2 2934
3 168156
4 5555
5+ 2525

Number of Homes Sold

Mar 2023Apr 2023%

Asking Price vs. Sold Price

26 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Putnam County, you may be able to get a good deal. 59.1% of homes here sold below asking price last month.

Average Sale Time

Apr 2022Apr 2023%
13 Days37 Days+183.1%

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Putnam County are selling fast, if you're buying plan to act quickly.

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

About Putnam County, TN

Number of homes for sale in Putnam County, TN real estate market have reached 274. In April 2023 in Putnam County, TN there were 1.8% less homes for sale than in March 2023. The median list price of listings available in April 2023 was $318,500, while the average time on the real estate market was 37 days. Between March 2023 and April 2023, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties increased by 40.8%, the cost of 2 bedrooms properties went up by 26%, prices of 3 bedrooms properties increased by 10.4%, 4 bedrooms properties prices increased by 2.1%, prices of 5 bedrooms properties increased by 6.4%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes became 100% more available, volume of 2 bedrooms homes went up by 17.2%, 3 bedrooms homes inventory decreased by 7.1%, 4 bedrooms homes inventory did not change, 5 bedrooms homes did not move. In April 2023, from all listings sold in Putnam County, TN there were more than 9 sold above asking price, over 26 sold below and more than 9 were sold right at the asked price.

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