$2,124 Closing Credit*
$178,900
720 SqFt
1 Bed
•1 Full Bath
Angela M Brown, Listing Office: Century 21 - Adirondacks
Is Putnam, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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, NY
How much do homes in Putnam, NY cost?
Median Sold Price
$799,000
$607/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$161,500(+25.3%)
Key Takeaway
Homes in Putnam have sold for 25.3% more than they did a year ago.
Summary: The median home sold price in Putnam was $799,000 in November 2024, up 25.3% from last year, and the median price per square foot was $607.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $170K | N/A |
| 2 Bedrooms | $717.5K | $269K | -62.5% |
| 3 Bedrooms | $637.5K | $1.0M | +63.0% |
| 4 Bedrooms | $702.5K | $175K | -75.1% |
| 5+ Bedrooms | $1.5M | $3.4M | +123.8% |
Summary: Putnam housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 62.5%, 3 bedroom homes increased by 63%, 4 bedroom homes decreased by 75.1%, and 5+ bedroom homes increased by 123.8%.
Median Sold Price Compared To Nearby Cities
| Putnam | $637.5K | $799K | +25.3% |
| Putnam Station | $637.5K | $799K | +25.3% |
| Ticonderoga | $160.5K | $196.9K | +22.7% |
Housing Supply in Putnam, NY
How many homes are available in Putnam, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 4 | -42.9% |
Summary: The Putnam real estate market had 4 homes for sale in November 2024, a 42.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 4 | 1 | -75.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Putnam 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 remained the same, 3 bedroom homes decreased by 75%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Putnam, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Putnam in November 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Putnam, NY
How long does it take to sell a home in Putnam, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 72 Days | 97 Days | +33.8% |
Summary: Homes in Putnam had an average of 97 days on market in Nov 2024, up by 33.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Putnam are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 1 homes were sold in Putnam; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
The data relating to real estate on this website comes in part from the Internet Data Exchange program of the Global MLS (GMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. 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 they may be interested in purchasing.