Putnam County, IN home prices
Putnam County, IN: the typical home is worth $272,327 as of 2026-05, up +3.4% over the past year and n/a since 2000. Listings run about $186/sq ft. Rent…
Putnam County is cooling and overvalued — very affordable for what people here earn.
Real Estate Price Map scores, derived from the data on this page · how we calculate them
1992: $83,450 → 2026: $272,327 (3.3×) pre-2000 estimated via FHFA index
Market read
At $272,327, homes in Putnam County sit 16% above the Indiana median ($234,016) and 16% above the US median ($233,954). That ranks #23 of 92 Indiana counties by price.
Prices are holding steady (+3.4% in the last year) — a balanced market.
Homes here move at a steady pace — a median 45 days on the market, with 30% of listings cutting their asking price.
At 3.7× local income, that's more affordable than the typical US county (~3.8×).
Prices here sit roughly in line with what local incomes and rents imply at the typical US multiple.
Renting looks cheaper — buying the typical home runs ~$1,344/mo (P&I, 20% down) vs $1,050/mo to rent.
Home value history
Zillow ZHVI, monthly from 2000 · recessions shaded. See the full 1975 history on the interactive map →
Nearby counties
Hendricks County, IN ($344,926) · Parke County, IN ($221,607) · Clay County, IN ($183,794) · Owen County, IN ($237,770) · Morgan County, IN ($300,612) · Montgomery County, IN ($224,004)
Frequently asked questions
What is the average home price in Putnam County, IN?
Are home prices in Putnam County rising or falling?
Is Putnam County affordable?
What is the rental yield in Putnam County?
How fast do homes sell in Putnam County?
| Year | Median home value |
|---|---|
| 2009 | $121,319 |
| 2010 | $117,615 |
| 2011 | $115,720 |
| 2012 | $116,139 |
| 2013 | $118,717 |
| 2014 | $125,616 |
| 2015 | $127,159 |
| 2016 | $130,757 |
| 2017 | $139,707 |
| 2018 | $149,951 |
| 2019 | $159,924 |
| 2020 | $170,799 |
| 2021 | $194,068 |
| 2022 | $231,170 |
| 2023 | $235,209 |
| 2024 | $252,817 |
| 2025 | $263,498 |
| 2026 | $272,047 |