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Featured local agent — Putnam Lake, NY
Sarah Mitchell
Compass Real Estate · Putnam Lake, NY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Putnam Lake, NY Housing Market & Real Estate
Housing market overview · Updated monthly ·
$390,000median sale price
How is the Putnam Lake, NY housing market right now?
The median home sale price in Putnam Lake, NY is $390,000, down 3.1% year-over-year. Homes sell in an average of 44 days with 12 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Putnam Lake a buyer's or seller's market?
Putnam Lake, NY is currently a seller's market, based on 4.0 months of supply and homes selling in about 44 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
44
Average pace
Active listings
12
4.0 months supply
Sale-to-list
106.7%
Above asking
What does the Putnam Lake housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $390,000 |
| Median list price | $374,950 |
| Year-over-year price change | -3.1% |
| Average days on market | 44 days |
| Active inventory | 12 listings |
| Months of supply | 4.0 months |
| Sale-to-list price ratio | 106.7% |
| Median price per sq ft | $299/sq ft |
| Homes sold (latest month) | 3 |
| New listings (latest month) | 8 |
| Listings with a price cut | 16.7% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Putnam Lake by property type?
How the Putnam Lake, NY market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $390,000 | $299/sq ft | 3 | 44 days |
| Condo / Co-op | $140,000 | $168/sq ft | 1 | 12 days |
Source: Redfin · Updated monthly
The Putnam Lake housing market is currently classified as a seller's market with a median sale price of $390,000. Prices have fallen 3.1% compared to last year, with homes spending an average of 44 days on market, indicating 4.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Putnam Lake
There are currently 12 homes listed for sale in Putnam Lake, New York. The median listing price is $375K.
Active listings
12
Homes on market
Median list price
$375K
Avg. days on market
44
Days until sale
New this week
8
Newly listed
Who lives in Putnam Lake?
Population
3,673
Median income
$105,284/yr
Median age
45.9 years
Owner-occupied
90.5%
College grads
28.0%
Avg commute
38.6 min
Source: U.S. Census Bureau ACS
What is it like to live in Putnam Lake?
Putnam Lake is a community of approximately 4K residents with a median age of 45.9 years.The median household income is $105,284, which reflects a relatively affluent area with strong earning potential. 28.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 90.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 38.6 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Putnam Lake offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Putnam Lake, NY?
Want a head-to-head view? Compare Putnam Lake side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Putnam Lake?
The median home sale price in Putnam Lake is $390,000, down 3.1% from last year.
How long do homes stay on market in Putnam Lake?
Homes typically spend 44 days on market before going under contract.
What is the median income in Putnam Lake?
The median household income is $105,284 per year.
Is Putnam Lake a buyer's or seller's market?
With 4.0 months of supply, Putnam Lake is currently a seller's market.
What is the median condo price in Putnam Lake?
The median condo/co-op sale price in Putnam Lake, NY is $140,000, compared to $390,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Putnam Lake?
The median single-family home price in Putnam Lake, NY is $390,000 (about $299 per square foot).
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