Is Putnam County, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$234,993
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Putnam County was $234,993 in April 2024, down 2.1% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $172.5K | $120.2K | -30.3% |
2 Bedrooms | $165K | $175K | +6.1% |
3 Bedrooms | $245K | $236.9K | -3.3% |
4 Bedrooms | $272.1K | $261K | -4.1% |
5+ Bedrooms | $330K | $285.8K | -13.4% |
Summary: Putnam County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 30.3%, 2 bedroom homes increased by 6.1%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes decreased by 4.1%, and 5+ bedroom homes decreased by 13.4%.
Median Sold Price Compared To Nearby Counties
Clay County | $345.5K | $349.9K | +1.3% |
Saint Johns County | $499.8K | $501K | 0.2% |
Marion County | $274.9K | $274.9K | 0% |
Putnam County | $239.9K | $234.9K | -2.1% |
Flagler County | $370K | $357.5K | -3.4% |
Housing Supply in Putnam County, FL
How many homes are available in Putnam County, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
371 | 408 | +10.0% |
Summary: The Putnam County real estate market had 408 homes for sale in April 2024, a 10.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 6 | 0.0% |
2 Bedrooms | 76 | 79 | +3.9% |
3 Bedrooms | 204 | 226 | +10.8% |
4 Bedrooms | 68 | 78 | +14.7% |
5+ Bedrooms | 17 | 19 | +11.8% |
Summary: The Putnam County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 3.9%, 3 bedroom homes increased by 10.8%, 4 bedroom homes increased by 14.7%, and 5+ bedroom homes increased by 11.8%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
59 | 53 | -10.2% |
Asking Price vs. Sold Price
32 Homes Were Sold
Under Asking
17 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 53 homes were sold or pending in Putnam County in April 2024, down by 10.2% month-over-month. Of the 53 sold homes, 60% were sold under asking, 32% were sold at asking, and 8% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
74 Days | 60 Days | -18.5% |
Summary: Homes in Putnam County had an average of 60 days on market in Apr 2024, down by 18.5% compared to last year.
Breakdown of Home Sale Times
31 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Summary: During April 2024, 53 homes were sold in Putnam County; 58% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.