Is Putnam County, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
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.
Housing Prices in Putnam County, OH
How much do homes in Putnam County, OH cost?
Median Sold Price
$173,750
$107/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Putnam County have sold for 8.1% less than they did a year ago.
Summary: The median home sold price in Putnam County was $173,750 in May 2024, down 8.1% from last year, and the median price per square foot was $107.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $300K | - | N/A |
| 2 Bedrooms | $105K | $160K | +52.4% |
| 3 Bedrooms | $192K | $173.7K | -9.5% |
| 4 Bedrooms | $192.5K | $222.4K | +15.6% |
| 5+ Bedrooms | - | $195K | N/A |
Summary: Putnam County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 52.4%, 3 bedroom homes decreased by 9.5%, 4 bedroom homes increased by 15.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
| Paulding County | $126K | $142.5K | +13.1% |
| Henry County | $152.5K | $162K | +6.2% |
| Hancock County | $214.9K | $221.3K | +3.0% |
| Putnam County | $189K | $173.7K | -8.1% |
Housing Supply in Putnam County, OH
How many homes are available in Putnam County, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 37 | 35 | -5.4% |
Summary: The Putnam County real estate market had 35 homes for sale in May 2024, a 5.4% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 23 | 20 | -13.0% |
| 4 Bedrooms | 12 | 12 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Putnam County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 13%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 10 | 10 | 0.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
5 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. 50% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Putnam County in May 2024, the same as the previous month. Of the 10 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Putnam County, OH
How long does it take to sell a home in Putnam County, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 67 Days | 42 Days | -37.5% |
Summary: Homes in Putnam County had an average of 42 days on market in May 2024, down by 37.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Putnam County has remained consistent over time.
Summary: During May 2024, 10 homes were sold in Putnam County; 40% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
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