The housing market in Putnam, CT is thriving, with a median value of $262,200. This is significantly lower than the US House Median Value of $338,100, but it has seen a higher appreciation rate over the last year with 10.82%, compared to the US 1 year House Appreciation of 8.27%. Overall, Putnam has a lucrative and steadily growing real estate market that is worth investing in.
The median home cost in Putnam is $262,200. Home appreciation the last 10 years has been 49.9%. Home Appreciation in Putnam is up 10.2%.
Average Age of Homes
- The median age of Putnam real estate is 67 years old
The Rental Market in Putnam
- Renters make up 36.5% of the Putnam population
- 1.0% of houses and apartments in Putnam, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.