Is Putnam County, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Putnam County has remained a Seller's Market.
Housing Prices in Putnam County, GA
How much do homes in Putnam County, GA cost?
Median Sold Price
$406,625
$214/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Putnam County was $406,625 in April 2024, up 1.7% from last year, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $93K | $105K | +12.9% |
2 Bedrooms | $257.5K | $294K | +14.2% |
3 Bedrooms | $372.5K | $360.5K | -3.2% |
4 Bedrooms | $492.4K | $535K | +8.6% |
5+ Bedrooms | $1.3M | $1.7M | +26.2% |
Summary: Putnam County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.9%, 2 bedroom homes increased by 14.2%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes increased by 26.2%.
Median Sold Price Compared To Nearby Counties
Jasper County | $290K | $298.9K | +3.1% |
Baldwin County | $244.4K | $250K | +2.3% |
Hancock County | $415K | $422.5K | +1.8% |
Putnam County | $400K | $406.6K | +1.7% |
Greene County | $698.4K | $610K | -12.7% |
Housing Supply in Putnam County, GA
How many homes are available in Putnam County, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
204 | 230 | +12.7% |
Summary: The Putnam County real estate market had 230 homes for sale in April 2024, a 12.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 8 | 0.0% |
2 Bedrooms | 19 | 22 | +15.8% |
3 Bedrooms | 99 | 114 | +15.2% |
4 Bedrooms | 55 | 60 | +9.1% |
5+ Bedrooms | 23 | 26 | +13.0% |
Summary: The Putnam County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 15.8%, 3 bedroom homes increased by 15.2%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 13%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
32 | 42 | +31.3% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 42 homes were sold or pending in Putnam County in April 2024, up by 31.3% month-over-month. Of the 38 sold homes, 61% were sold under asking, 26% were sold at asking, and 13% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
84 Days | 54 Days | -35.7% |
Summary: Homes in Putnam County had an average of 54 days on market in Apr 2024, down by 35.7% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During April 2024, 42 homes were sold in Putnam County; 40% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.