$3,859 Closing Credit*
$325,000
2,022 SqFt
6 Beds
•2 Full Baths
Tanya McDermott, Listing Office: Berkshire Hathaway NE Prop.
Is Putnam, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Putnam has remained a Seller's Market.
Key Takeaway
Putnam is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Putnam, CT
How much do homes in Putnam, CT cost?
Median Sold Price
$325,000
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$40,000(+14.0%)
Key Takeaway
Homes in Putnam have sold for 14% more than they did a year ago.
Summary: The median home sold price in Putnam was $325,000 in December 2024, up 14% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $165K | $110K | -33.3% |
| 2 Bedrooms | $280K | $287K | +2.5% |
| 3 Bedrooms | $309K | $333K | +7.8% |
| 4 Bedrooms | $275K | $331.5K | +20.5% |
| 5+ Bedrooms | $287K | $365K | +27.2% |
Summary: Putnam housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 2.5%, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 20.5%, and 5+ bedroom homes increased by 27.2%.
Housing Supply in Putnam, CT
How many homes are available in Putnam, CT?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 45 | 40 | -11.1% |
Summary: The Putnam real estate market had 40 homes for sale in December 2024, a 11.1% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 13 | 9 | -30.8% |
| 3 Bedrooms | 13 | 9 | -30.8% |
| 4 Bedrooms | 8 | 9 | +12.5% |
| 5+ Bedrooms | 11 | 13 | +18.2% |
Summary: The Putnam housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 30.8%, 3 bedroom homes decreased by 30.8%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 18.2%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 10 | 13 | +30.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Putnam, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Putnam in December 2024, up by 30.0% month-over-month. Of the 13 sold homes, 46% were sold under asking, 8% were sold at asking, and 46% were sold over asking.
Days on Market for Putnam, CT
We’re sorry, we don't have information for this market at the moment
Copyright © 2025 Smart MLS. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed.