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 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
$318,500
$177/sqft
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
| # BEDS | Apr 2022 | Apr 2023 | % |
|---|---|---|---|
| 1 Bedroom | $88.7K | $125K | +40.8% |
| 2 Bedrooms | $187.5K | $236.2K | +26.0% |
| 3 Bedrooms | $276.3K | $305K | +10.4% |
| 4 Bedrooms | $396K | $404.5K | +2.1% |
| 5+ Bedrooms | $519.5K | $553K | +6.4% |
Median Sold Price Compared To Nearby Counties
| Putnam County | $295.1K | $318.5K | +7.9% |
| DeKalb County | $253.4K | $270K | +6.5% |
| White County | $266K | $259.9K | -2.3% |
| Overton County | $274.9K | $260K | -5.4% |
| Jackson County | $230K | $185K | -19.6% |
How many homes are available in Putnam County, TN?
Number of Homes For Sale
| Mar 2023 | Apr 2023 | % |
|---|---|---|
| 279 | 274 | -1.8% |
Homes For Sale By Bedroom Count
| # BEDS | Mar 2023 | Apr 2023 | % |
|---|---|---|---|
| 1 Bedroom | 2 | 4 | +100.0% |
| 2 Bedrooms | 29 | 34 | +17.2% |
| 3 Bedrooms | 168 | 156 | -7.1% |
| 4 Bedrooms | 55 | 55 | 0.0% |
| 5+ Bedrooms | 25 | 25 | 0.0% |
Number of Homes Sold
| Mar 2023 | Apr 2023 | % |
|---|---|---|
| 72 | 44 | -38.9% |
Asking Price vs. Sold Price
26 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
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 2022 | Apr 2023 | % |
|---|---|---|
| 13 Days | 37 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
Key Takeaway
Many homes in Putnam County are selling fast, if you're buying plan to act quickly.
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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. Some or all of the listings may not belong to the firm whose website is being visited. 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.