Is Putnam County, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2021
Since last year, Putnam County has remained a Seller's Market.
Key Takeaway
Putnam County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Putnam County, TN cost?
Median Sold Price
$290,347
$157/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2021
+$59,097(+25.6%)
Key Takeaway
Homes in Putnam County have sold for 25.6% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Apr 2021 | Apr 2022 | % |
|---|---|---|---|
| 1 Bedroom | $205.9K | $88.7K | -56.9%  |
| 2 Bedrooms | $175K | $187.5K | +7.1% |
| 3 Bedrooms | $222K | $276K | +24.3% |
| 4 Bedrooms | $313.7K | $404.5K | +28.9% |
| 5+ Bedrooms | $462.5K | $529.8K | +14.6% |
Median Sold Price Compared To Nearby Counties
| % | |
|---|---|
| Jackson County | +71.4% |
| Overton County | +31.2% |
| DeKalb County | +27.2% |
| Putnam County | +25.6% |
| White County | +20.3% |
How many homes are available in Putnam County, TN?
Number of Homes For Sale
| Mar 2022 | Apr 2022 | % |
|---|---|---|
| 257 | 254 | -1.2% |
Homes For Sale By Bedroom Count
| # BEDS | Mar 2022 | Apr 2022 | % |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 23 | 22 | -4.3% |
| 3 Bedrooms | 162 | 172 | +6.2%  |
| 4 Bedrooms | 49 | 42 | -14.3% |
| 5+ Bedrooms | 20 | 16 | -20.0% |
Number of Homes Sold
| Mar 2022 | Apr 2022 | % |
|---|---|---|
| 74 | 62 | -16.2% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
22 Homes Were Sold
At Asking
25 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Putnam County, you could pay more than the asking price. 40.3% of homes here sold above asking price last month.
Average Sale Time
| Apr 2021 | Apr 2022 | % |
|---|---|---|
| 52 Days | 13 Days | -74.7% |
Breakdown of Home Sale Times
33 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Putnam County are selling fast, if you're buying plan to act quickly.
© 2022 of the REALTRACS MLS. All rights Reserved. 
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms. 
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Chattanooga Association of Realtors®. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright© 2022 Greater Chattanooga Association of REALTORS®.