Putnam, IL, Real Estate

Putnam, Illinois, is a small, unincorporated community in Putnam County, located west of Senachwine Lake along Illinois Route 29, north of Henry. With a population of about 100, this quaint village, originally named Senachwine after a prominent Native American chief, offers a glimpse into rural Midwestern life.

Putnam currently has 22 single family homes for sale with an average list price of $368,918.14 and 60 lots for sale with an average list price of $14,005. The average annual property tax for Putnam is $3,865.58.

Current Homes for Sale

Schools

School District Level Grades
Henry-Senachwine Elementary School McLean County Unit 5 Elementary PK-8
Henry-Senachwine High School McLean County Unit 5 High 9-12

Schools

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Absorption Report

Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Putnam, i.e. what's hot and what's not.

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Recent Sales

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Subdivisions

Subdivisions Median Price
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Lake Thunderbird

Lake Thunderbird is a single-family home community in Putnam, Illinois, built between 2002 and 2019. It currently has 12 single family homes for sale with an average list price of $412,883.25 and 46 lots for sale with an average list price of $11,780.44. The homes range in size from 800 ft2 to 3,384 ft2. The average annual property tax for Lake Thunderbird is $4,312.56. ... Read more
Median Price: $257,500

Subdivisions

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Market Trends

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Real Estate News

Homes Just Sold in Putnam: July 15th to July 21st

Homes Just Sold in Putnam: July 15th to July 21st - July 22, 2025

Putnam had 2 sales during the week of Tuesday, July 15 to Monday, July 21, including including 1 single family home for sale with a list price of $314,900 and ... continue reading
New Homes For Sale This Week in Putnam: July 4th to July 10th

New Homes For Sale This Week in Putnam: July 4th to July 10th - July 11, 2025

Putnam had only 1 new home for sale during the week of Friday, July 4 to Thursday, July 10, including and it was a single family home for sale with ... continue reading
New Homes with Master Bedrooms on the 1st Floor in Putnam: June 28th to July 4th

New Homes with Master Bedrooms on the 1st Floor in Putnam: June 28th to July 4th - July 5, 2025

Putnam had only 1 new home for sale with a master bedroom on the first floor during the month of Saturday, June 28 to Friday, July 4, and it ... continue reading
New Homes For Sale This Week in Putnam: June 27th to July 3rd

New Homes For Sale This Week in Putnam: June 27th to July 3rd - July 4, 2025

Putnam had 2 new homes for sale during the week of Friday, June 27 to Thursday, July 3, including including 2 single family homes for sale with an average list ... continue reading
Homes Just Sold in Putnam: June 24th to June 30th

Homes Just Sold in Putnam: June 24th to June 30th - July 1, 2025

Putnam had only 1 sale during the week of Tuesday, June 24 to Monday, June 30, including and it was a lot for sale with a list price of $3,000. $3,000 4 ... continue reading
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