Putnam County, NY Home Values & Market Trends
The median home price in Putnam County, NY is $487,365.84. There were 1,190 home sales in Putnam County, NY over the past 12 months. The median residential Putnam County, NY home value for transactions over the previous year is $430,000. The number of current listings in Putnam County, NY is 28, and the percentage of properties for sale is 28.00%. The county has 456 foreclosures, 12 bank owned properties, 6 headed for auction, and 28 properties for sale.
Putnam County, NY Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Carmel | $ 472,094 $ 237/sqft | Brewster | $ 521,750 $ 242/sqft |
| Patterson | $ 367,073 $ 180/sqft | Garrison | $ 1,360,871 $ 331/sqft |
| Mahopac | $ 530,000 $ 280/sqft | Lake Peekskill | $ 340,034 $ 425/sqft |
| Putnam Valley | $ 677,000 $ 266/sqft | Cold Spring | $ -- $ -- |
Housing Market Summary for Putnam County, NY
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $459K | $470.4K | 2.49% |
| Median Sold Price | $450K | $470.4K | 4.54% |
| Homes For Sale | 95 | 25 | -73.68% |
| Homes Sold | 791 | 753 | -4.80% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Putnam County, NY
Browse Homes in Putnam County, NY
Putnam County, NY home values range from $39,125 to $12,650,677. Garrison is the priciest city with a median listing home price of $1,720,000, and Cold Spring is most affordable with average house prices of around $59,000.
- Pre-ForeclosurePre-foreclosure homes account for 1.32% of all residential properties in Putnam County, NY with Carmel containing 109 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 8 cities within Putnam County, NY; of those cities, the estimated home value for pre-foreclosure homes ranges from $1,695,000 in Cold Spring to the lowest home value of $106,399 in Carmel.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Putnam County, NY ranges from the highest value of $681,361 in Garrison to the lowest value of $324,581 in Mahopac. Bank owned homes and properties account for 0.04% of properties in Putnam County, NY. There are 8 cities within Putnam County, NY; Brewster containing 5 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsCold Spring has 2 auction properties, the highest number of properties going to auction in a single city in the state of Putnam County, NY. Auction homes and other auction properties account for 0.02% of all properties in Putnam County, NY. There are 8 cities within Putnam County, NY; of those cities, the median estimated home value for homes going to auction ranges from $619,923 in Carmel to the lowest value of $243,746 in Carmel.
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More Real Estate Resources for Putnam County, NY
Guide for Putnam County, NY
The real estate market in Syracuse, New York is experiencing a surge in property values and sale prices, with homes typically selling above their listed prices.
The Albany real estate market from April 2023 to March 2024 showed a clear positive trend, with rising property values and sale prices offset by fluctuating property counts.
Amid rapid fluctuations in the Rochester real estate sector, a steady increase in the average sale price per square foot has been observed from March 2023 to February 2024. Surrounding cities like East Rochester, Webster, Penfield, Spencerport, and West Henrietta have experienced unique trends, providing a diverse regional real estate climate.
New York City’s real estate market from August 2023 to January 2024 witnessed roughly an 8% increase in average property values, along with fluctuations in per square foot values and sold prices.
