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 18 single family homes for sale with an average list price of $322,716.61 and 56 lots for sale with an average list price of $11,796.43. The average annual property tax for Putnam is $4,018.95.
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 PutnamPutnam home sales for the month of August stayed the same in volume when compared to last year, while the median sale price rose by 18.2% from $342,500 to $405,000. House sales stayed the same, while the median sale price rose by 18.2% from $342,500 to $405,000.
40
|
33
|
17
|
24
|
2021 | 2022 | 2023 | 2024 |
# of sales per year |
$198,000
|
$205,000
|
$190,600
|
$264,000
|
2021 | 2022 | 2023 | 2024 |
median sale price per year |