Photo: JJBers · CC BY-SA 4.0101 homes sold in Putnam in the last year, at a typical $336K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Putnam homes are listed.
Every place Putnam homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Putnam.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
15% of Putnam’s sales are condos, at $57K less than a house
68 houses and 15 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.
typical sale · 68 sold in 12 months
- Per square foot
- $236CT $273
- Days to sell
- 37
- Sold over asking
- 54%
- Listings with a price cut
- 29%
typical sale · 15 sold in 12 months
- Per square foot
- $207CT $256
- Days to sell
- 74
- Sold over asking
- 13%
- Listings with a price cut
- 24%
Multi-family (2–4 units): 18 sold, typical $336K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at 2.5 times the 2016 price
101 sales in the last year, against 150 in 2020 and a low of 79 in 2012. The typical sale went from $135K in 2016 to $336K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $350K buys in Putnam
Check a listing against what Putnam homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Putnam are more common than before the pandemic, but half fewer homes come up for sale
We read every month of Putnam’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 101 sales.
If you’re buying in Putnam
- Shop in August. It brings about 16 new listings a month, close to the busiest month, with fewer bidding wars (43% over asking).
- You can negotiate. 27% of listings have cut their price, against 23% before the pandemic.
- Bid near asking. Buyers paid 100.1% of the list price on average; 46% paid over.
- You’ll usually have time. Only 41% of homes go under contract within two weeks; the typical one takes 36 days.
Spring brings the homes; fall brings the bidding wars
April has the most new listings (about 16 a month), but October is the most competitive: 50% of October sales close over asking. July and August offer nearly as much choice with fewer homes bid up (43%). January has the least competition (34%).
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and calmer than Connecticut
| Putnam now | 2017–19 | 2021 peak | CT now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 46% | 33% | 68% | 56% |
| Gone within two weeksShare of homes under contract within 14 days | 41% | 11% | 62% | 47% |
| Listings with a price cutShare of homes for sale that cut their price | 27% | 23% | 12% | 18% |
| Price paid vs. askingAverage sale price ÷ list price | 100.1% | 98.1% | 102.8% | 102.2% |
| Days to sellMedian days from listing to contract | 36 | 64 | 13 | 39 |
19 homes for sale on a typical day
That’s twice the 2023 low (10), 49% fewer than in 2017–19 and well under 2012’s 72.
1 in 4 listings has cut its price
27% in the last year, against 23% in 2017–19 and 18% across Connecticut.
Since 2019, houses are up 89%, condos 75%
A house typically sold for $342K in the last year (68 sales), a condo for $286K (15).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Putnam ranks 66th of 78 busy Connecticut markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Putnam is one of the state’s calmer markets.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Putnam home costs about $2,155 a month
Price: Putnam’s typical sale, last 12 months. Property tax at Putnam’s 1.4% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Putnam is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in April
The month with the most choice. December has the fewest, about 8.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $336K home, about $4,820 a year.
Taxes vs. neighborsSchools
The schools grade for Putnam, from test results, graduation and how much students grow.
Schools in PutnamCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
No busy market nearby sells for less a square foot; Pascoag for far more
The busier markets within 25 miles of Putnam, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Putnam | 101 | $336K | $216 | 46% | 36 |
| Danielson | 89 | $338K | $218 | 57% | 29 |
| South Woodstock | 45 | $451K | $259 | 47% | 34 |
| East Brooklyn | 42 | $374K | $262 | 45% | 34 |
| Pascoag | 42 | $492K | $273 | 57% | 31 |
| Brooklyn | 33 | $396K | $247 | 42% | 37 |
| North Grosvenor Dale | 30 | $334K | $225 | 57% | 30 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Putnam, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Putnam. People who follow the town see it, and so do people comparing Putnam with their own town. No commission, no listing fee.
Questions about buying a home in Putnam
What do homes sell for in Putnam, CT?
101 homes sold in the year to May 2026 at a typical $336K, $216 a square foot. Houses sold for about $342K, condos for about $286K.
Is Putnam a buyer’s or seller’s market?
A seller’s market: 22 homes were for sale in May 2026 and 6 sold, about 3.7 months of supply. Buyers paid 100.1% of asking on average, and 27% of listings cut their price.
When is the best time to buy in Putnam?
April brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Putnam?
About 1.4% of a home’s value a year. On a $336K home that’s near $4,820.
Where can I see homes for sale in Putnam?
Zillow, Redfin, Realtor.com and Homes.com all carry Putnam’s MLS listings; the search links above open each one filtered to Putnam.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).