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 17 single family homes for sale with an average list price of $280,883.77 and 38 lots for sale with an average list price of $15,825. The average annual property tax for Putnam is $4,430.55.

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

View schools in Putnam

Browse Putnam

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.

See What's Hot & What's Not in Putnam

Recent Sales

View recent sales in Putnam

Subdivisions

Subdivisions Median Price
No Photos

Lake Thunderbird

Lake Thunderbird is a single-family home community in Putnam, Illinois. It currently has 4 single family homes for sale with an average list price of $298,575 and 26 lots for sale with an average list price of $12,563.46. The homes range in size from 800 ft2 to 3,384 ft2. The HOA fees range from $29 to $142 per month. The average annual property tax for Lake Thunderbird is $4,586.83. ... Read more
Median Price: $281,500

Subdivisions

View subdivisions in Putnam

Market Trends

View market trends in Putnam

Real Estate News

New Homes For Sale This Week in Putnam: April 24th to April 30th

New Homes For Sale This Week in Putnam: April 24th to April 30th - May 1, 2026

Putnam had 2 new homes for sale during the week of Friday, April 24 to Thursday, April 30, including including 2 lots for sale with an average list price of ... continue reading
Homes Just Sold in Putnam: April 21st to April 27th

Homes Just Sold in Putnam: April 21st to April 27th - April 28, 2026

Putnam had 2 sales during the week of Tuesday, April 21 to Monday, April 27, including including 1 single family home for sale with a list price of $159,900 and ... continue reading
New Homes For Sale This Week in Putnam: April 17th to April 23rd

New Homes For Sale This Week in Putnam: April 17th to April 23rd - April 24, 2026

Putnam had only 1 new home for sale during the week of Friday, April 17 to Thursday, April 23, including and it was a lot for sale with a list ... continue reading
Homes Just Sold in Putnam: April 14th to April 20th

Homes Just Sold in Putnam: April 14th to April 20th - April 21, 2026

Putnam had 2 sales during the week of Tuesday, April 14 to Monday, April 20, including including 2 single family homes for sale with an average list price of $446,900. $594,900 6 ... continue reading
New Homes with Master Bedrooms on the 1st Floor in Putnam: April 11th to April 17th

New Homes with Master Bedrooms on the 1st Floor in Putnam: April 11th to April 17th - April 18, 2026

Putnam had 2 new homes for sale with a master bedroom on the first floor during the month of Saturday, April 11 to Friday, April 17, including 2 single ... continue reading
View More Putnam News

Real Estate News

View More Putnam News

Sold Homes

We have helped thousands of families buy and sell homes!

HomesByMarco agents are experts in the area. If you're looking to buy or sell a home, give us a call today at 888-326-2726.