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 12 single family homes for sale with an average list price of $291,450.42 and 50 lots for sale with an average list price of $11,752. The average annual property tax for Putnam is $3,947.81.

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 4 single family homes for sale with an average list price of $266,150 and 37 lots for sale with an average list price of $10,672.97. The homes range in size from 800 ft2 to 3,384 ft2. The HOA fees range from $29 to $908 per month. The average annual property tax for Lake Thunderbird is $4,038.10. ... Read more
Median Price: $260,000

Subdivisions

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Market Trends

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Real Estate News

New Homes For Sale This Week in Putnam: November 21st to November 27th - November 28, 2025

Putnam had only 1 new home for sale during the week of Friday, November 21 to Thursday, November 27, including and it was a lot for sale with a list ... continue reading

New Homes For Sale This Week in Putnam: November 7th to November 13th - November 14, 2025

Putnam had 2 new homes for sale during the week of Friday, November 7 to Thursday, November 13, including including 2 lots for sale with an average list price of ... continue reading
Homes Just Sold in Putnam: October 28th to November 3rd

Homes Just Sold in Putnam: October 28th to November 3rd - November 4, 2025

Putnam had 2 sales during the week of Tuesday, October 28 to Monday, November 3, including including 1 single family home for sale with a list price of $169,900 and ... continue reading

New Homes For Sale This Week in Putnam: October 24th to October 30th - October 31, 2025

Putnam had only 1 new home for sale during the week of Friday, October 24 to Thursday, October 30, including and it was a lot for sale with a list ... continue reading
New Homes with Master Bedrooms on the 1st Floor in Putnam: October 11th to October 17th

New Homes with Master Bedrooms on the 1st Floor in Putnam: October 11th to October 17th - October 18, 2025

Putnam had only 1 new home for sale with a master bedroom on the first floor during the month of Saturday, October 11 to Friday, October 17, and it ... continue reading
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