$350,000
43.69 Acres
Land
Maude Hicks, Listing Office: Coldwell Banker Lake Oconee
Is Putnam County, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Putnam County was a Neutral Market.
Key Takeaway
Putnam County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Putnam County, GA
How much do homes in Putnam County, GA cost?
Median Sold Price
$425,000
$239/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$45,050(+11.9%)
Key Takeaway
Homes in Putnam County have sold for 11.9% more than they did a year ago.
Summary: The median home sold price in Putnam County was $425,000 in November 2024, up 11.9% from last year, and the median price per square foot was $239.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $107.5K | $88.5K | -17.6% |
| 2 Bedrooms | $272.1K | $292K | +7.3% |
| 3 Bedrooms | $340K | $375K | +10.3% |
| 4 Bedrooms | $475K | $639.9K | +34.7% |
| 5+ Bedrooms | $1.6M | $1.3M | -14.3% |
Summary: Putnam County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17.6%, 2 bedroom homes increased by 7.3%, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 34.7%, and 5+ bedroom homes decreased by 14.3%.
Median Sold Price Compared To Nearby Counties
| Greene County | $625K | $768.2K | +22.9% |
| Putnam County | $379.9K | $425K | +11.9% |
| Jasper County | $285K | $318.2K | +11.7% |
| Hancock County | $427.5K | $425K | -0.6% |
| Baldwin County | $268.7K | $252.5K | -6.0% |
Housing Supply in Putnam County, GA
How many homes are available in Putnam County, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 242 | 238 | -1.7% |
Summary: The Putnam County real estate market had 238 homes for sale in November 2024, a 1.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 17 | 19 | +11.8% |
| 3 Bedrooms | 127 | 124 | -2.4% |
| 4 Bedrooms | 60 | 60 | 0.0% |
| 5+ Bedrooms | 36 | 33 | -8.3% |
Summary: The Putnam County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 11.8%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 8.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 30 | 29 | -3.3% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Putnam County, you may be able to get a good deal. 76% of homes here sold below asking price last month.
Summary: A total of 29 homes were sold or pending in Putnam County in November 2024, down by 3.3% month-over-month. Of the 25 sold homes, 76% were sold under asking, 20% were sold at asking, and 4% were sold over asking.
Days on Market for Putnam County, GA
How long does it take to sell a home in Putnam County, GA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 71 Days | 79 Days | +11.4% |
Summary: Homes in Putnam County had an average of 79 days on market in Nov 2024, up by 11.4% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Putnam County has remained consistent over time.
Summary: During November 2024, 29 homes were sold in Putnam County; 17% of homes were sold within 30 days, 52% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.
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