Photo: Daniel Case · CC BY-SA 3.0127 homes sold in Putnam Valley in the last year, at a typical $593K
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 Valley homes are listed.
Every place Putnam Valley 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 Valley.
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.
Houses are 99% of Putnam Valley’s sales, at a typical $595K
127 homes sold in the year to May 2026.
typical sale · 126 sold in 12 months
- Per square foot
- $316NY $316
- Days to sell
- 42
- Sold over asking
- 47%
- Listings with a price cut
- 20%
Multi-family (2–4 units): 1 sold, typical $470K
Too few sales in 12 months for reliable figures.
Fewer homes sell than before 2022, at twice the 2016 price
127 sales in the last year, against 213 in 2021 and a low of 119 in 2024. The typical sale went from $284K in 2016 to $593K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $600K buys in Putnam Valley
Check a listing against what Putnam Valley 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 Valley are more common than before the pandemic, but 56% fewer homes come up for sale
We read every month of Putnam Valley’s home sales since 2016 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, 127 sales.
If you’re buying in Putnam Valley
- Shop in June. It brings about 23 new listings a month, close to the busiest month, with fewer bidding wars (30% over asking).
- Less room to haggle. Only 19% of listings cut their price, against 23% before the pandemic.
- Bid near asking. Buyers paid 101.2% of the list price on average; 47% paid over.
- You’ll usually have time. Only 3% of homes go under contract within two weeks; the typical one takes 42 days.
Spring brings the homes; summer brings the bidding wars
May has the most new listings (about 24 a month), but August is the most competitive: 42% of August sales close over asking. June offers nearly as much choice with fewer homes bid up (30%). December has the least competition (22%) but only about 7 new listings.
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and hotter than New York
| Putnam Valley now | 2017–19 | 2021 peak | NY now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 47% | 26% | 42% | 41% |
| Gone within two weeksShare of homes under contract within 14 days | 3% | 3% | 4% | 26% |
| Listings with a price cutShare of homes for sale that cut their price | 19% | 23% | 20% | 20% |
| Price paid vs. askingAverage sale price ÷ list price | 101.2% | 97.8% | 100.6% | 101% |
| Days to sellMedian days from listing to contract | 42 | 78 | 44 | 41 |
27 homes for sale on a typical day
That’s 56% fewer than in 2017–19 and well under 2016’s 99.
1 in 5 listings has cut its price
19% in the last year, against 23% in 2017–19 and 20% across New York.
Putnam Valley ranks 249th of 362 busy New York markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Putnam Valley is in the middle of the pack.
Source: Redfin Data Center, city market tracker, January 2016 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Five things worth knowing
New listings in May
The month with the most choice. December has the fewest, about 7.
Best time to buySchools
The schools grade for Putnam Valley, from test results, graduation and how much students grow.
Schools in Putnam ValleyTypical commute
The average one-way trip to work for people who live in Putnam Valley.
Work & commuteCheck 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.
Carmel sells for less a square foot; Philipstown for far more
The busier markets within 25 miles of Putnam Valley, 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 | |
|---|---|---|---|---|---|
| Carmel | 342 | $613K | $302 | 57% | 33 |
| Putnam Valley | 127 | $593K | $316 | 47% | 42 |
| Jefferson Valley-Yorktown | 104 | $675K | $383 | 65% | 29 |
| Philipstown | 90 | $749K | $395 | 41% | 59 |
| Mahopac | 87 | $633K | $308 | 55% | 39 |
| Lake Mohegan | 44 | $586K | $328 | 57% | 39 |
| Shenorock | 20 | $549K | $391 | 75% | 48 |
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 Valley, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Putnam Valley. People who follow the town see it, and so do people comparing Putnam Valley with their own town. No commission, no listing fee.
Questions about buying a home in Putnam Valley
What do homes sell for in Putnam Valley, NY?
127 homes sold in the year to May 2026 at a typical $593K, $316 a square foot.
Is Putnam Valley a buyer’s or seller’s market?
A balanced market: 34 homes were for sale in May 2026 and 6 sold, about 5.7 months of supply. Buyers paid 101.2% of asking on average, and 19% of listings cut their price.
When is the best time to buy in Putnam Valley?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
Where can I see homes for sale in Putnam Valley?
Zillow, Redfin, Realtor.com and Homes.com all carry Putnam Valley’s MLS listings; the search links above open each one filtered to Putnam Valley.
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).