Is Putnam County, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Putnam County has remained a Seller's Market.
Housing Prices in Putnam County, OH
How much do homes in Putnam County, OH cost?
Median Sold Price
$173,750
$107/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Putnam County was $173,750 in May 2024, down 8.1% from last year, and the median price per square foot was $107.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $300K | - | N/A |
2 Bedrooms | $105K | $160K | +52.4% |
3 Bedrooms | $192K | $173.7K | -9.5% |
4 Bedrooms | $192.5K | $222.4K | +15.6% |
5+ Bedrooms | - | $195K | N/A |
Summary: Putnam County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 52.4%, 3 bedroom homes decreased by 9.5%, 4 bedroom homes increased by 15.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
Paulding County | $126K | $142.5K | +13.1% |
Henry County | $152.5K | $162K | +6.2% |
Hancock County | $214.9K | $221.3K | +3.0% |
Putnam County | $189K | $173.7K | -8.1% |
Housing Supply in Putnam County, OH
How many homes are available in Putnam County, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
37 | 35 | -5.4% |
Summary: The Putnam County real estate market had 35 homes for sale in May 2024, a 5.4% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 3 | +50.0% |
3 Bedrooms | 23 | 20 | -13.0% |
4 Bedrooms | 12 | 12 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Putnam County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 13%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
10 | 10 | 0.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Putnam County in May 2024, the same as the previous month. Of the 10 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Putnam County, OH
How long does it take to sell a home in Putnam County, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
67 Days | 42 Days | -37.5% |
Summary: Homes in Putnam County had an average of 42 days on market in May 2024, down by 37.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 10 homes were sold in Putnam County; 40% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.