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Housing in Putman Township

21 homes sold in Putman Township in the last year, at a typical $141K

Redfin reports Putman Township’s sales by ZIP code, so these figures are for ZIP 61427, which takes in Putman Township and the area around it. Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, and a shortcut to every site where Putman Township homes are listed.

Homes for sale in Putman TownshipZillowRealtor.comMore places to look ↓
Homes sold
21
ZIP 61427 · June 2025 to May 2026
Typical sale price
$141K
median, weighted by sales
Price per square foot
$82
Illinois $193
Paid vs. asking
91.9%
19% sold over asking
For sale now
12
May 2026 · 1 sold that month
What sold · last 12 months · ZIP 61427

Houses are 95% of Putman Township’s sales, at a typical $138K

21 homes sold in the year to May 2026.

Houses$138K

typical sale · 20 sold in 12 months

Per square foot
$78IL $180
Days to sell
53
Sold over asking
20%
14 years of sales

Fewer homes sell than before 2023, at 1.9 times the 2016 price

21 sales in the last year, against 35 in 2022 and a low of 17 in 2012. The typical sale went from $75K in 2016 to $141K.

Homes soldTypical sale price
012253750$50K$100K$150K$200K2012: 17 sold, typical $115K’122013: 24 sold, typical $80K2014: 29 sold, typical $86K’142015: 34 sold, typical $98K2016: 25 sold, typical $75K’162017: 25 sold, typical $104K2018: 23 sold, typical $85K’182019: 18 sold, typical $86K2020: 29 sold, typical $96K’202021: 31 sold, typical $98K2022: 35 sold, typical $126K’222023: 24 sold, typical $130K2024: 26 sold, typical $139K’242025: 21 sold, typical $139KLast 12 months: 21 sold, typical $141KNow

Source: Redfin Data Center, MLS sales; for ZIP 61427, which takes in Putman Township and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $150K buys in Putman Township

Houseat $78 a sq ft
The same money in Illinoisat $180 a sq ft

Is this asking price fair?

Check a listing against what Putman Township 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.

Rent or buy?

Owning the typical Putman Township home costs about $1,012 a month

Mortgage
Property tax
Insurance
Rent

Price: Putman Township’s typical sale, last 12 months. Property tax at Putman Township’s 2.4% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Putman Township is affordable on local pay is on Cost of living.

Before you buy in Putman Township

Five things worth knowing

2.4%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $141K home, about $3,300 a year.

Taxes vs. neighbors
C−

Schools

The schools grade for Putman Township, from test results, graduation and how much students grow.

Schools in Putman Township
31 min

Typical commute

The average one-way trip to work for people who live in Putman Township.

Work & commute
Flood

Check 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 hazards
Records

Look 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.

Nearby markets · last 12 months

Lewistown, Canton, Farmington and Bushnell sell for less a square foot; Hanna City for far more

The busier markets within 25 miles of Putman Township, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Canton174$112K$7820%39
Bushnell30$75K$453%94
Lewistown29$87K$6431%80
Elmwood28$155K$8829%26
Farmington25$107K$7824%48
Putman Township (ZIP 61427)21$141K$8219%47
Hanna City20$169K$10635%25

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.

Selling, or renting out?

Post your home to Putman Township, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Putman Township. People who follow the town see it, and so do people comparing Putman Township with their own town. No commission, no listing fee.

Questions about buying a home in Putman Township

What do homes sell for in Putman Township, IL?

21 homes sold in the year to May 2026 at a typical $141K, $82 a square foot.

Is Putman Township a buyer’s or seller’s market?

A buyer’s market: 12 homes were for sale in May 2026 and 1 sold, about 9.2 months of supply. Buyers paid 91.9% of asking on average.

How much are property taxes in Putman Township?

About 2.4% of a home’s value a year. On a $141K home that’s near $3,300.

Where can I see homes for sale in Putman Township?

Zillow, Redfin, Realtor.com and Homes.com all carry Putman Township’s MLS listings; the search links above open each one filtered to Putman Township.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 61427, which takes in Putman Township and the area around it (each month is a 3-month rolling window, its counts divided by 3)). 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).