Real Estate Price Maphome prices by county

Putnam County, IL home prices

Putnam County, IL: the typical home is worth $188,753 as of 2026-05, up +2.4% over the past year and n/a since 2000. Listings run about $162/sq ft. Rent…

Data as of · by the Real Estate Price Map data team · methodology & sources

Putnam County is cooling and undervalued — very affordable for what people here earn.

Momentum+2.4%Cooling
Valuation-34%Undervalued
Affordability10/10Very affordable
Market57 daysBalanced

Real Estate Price Map scores, derived from the data on this page · how we calculate them

1993: $62,130 → 2026: $188,753 (3.0×) pre-2000 estimated via FHFA index

Typical value$188,7532026-05
1-year+2.4%
5-year+34.2%
10-year+95.7%
Since 2000n/a
Population5,6332024
Median income$75,4692023 · 2.5× income
New homes/yr92024
Price / sq ft$162listings
Days on market572026-06
Active listings292026-06
Price cuts12%of listings

Market read

At $188,753, homes in Putnam County sit 19% above the Illinois median ($158,388) and 19% below the US median ($233,954). That ranks #30 of 102 Illinois counties by price.

Prices are holding steady (+2.4% in the last year) — a balanced market.

Homes here move at a steady pace — a median 57 days on the market, with 12% of listings cutting their asking price.

At 2.5× local income, that's more affordable than the typical US county (~3.8×).

Against the typical US price-to-income and price-to-rent, homes here look ~34% cheap for local incomes and rents — a relative bargain.

Home value history

Zillow ZHVI, monthly from 2000 · recessions shaded. See the full 1975 history on the interactive map →

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Nearby counties

Marshall County, IL ($142,377) · Bureau County, IL ($150,716) · La Salle County, IL ($194,342) · Stark County, IL ($137,060) · Woodford County, IL ($234,314) · Peoria County, IL ($164,333)

Frequently asked questions

What is the average home price in Putnam County, IL?
The typical home in Putnam County is worth $188,753 as of 2026-05, based on the Zillow Home Value Index.
Are home prices in Putnam County rising or falling?
Prices are up +2.4% over the past year and n/a since 2000 — a balanced market.
Is Putnam County affordable?
At 2.5× the local median income of $75,469, Putnam County is more affordable than the typical US county.
How fast do homes sell in Putnam County?
Homes here take a median of 57 days to sell, with 12% of listings cutting their asking price.
Median home value by year
YearMedian home value
2012$85,528
2013$85,773
2014$84,329
2015$86,980
2016$94,754
2017$97,298
2018$105,863
2019$115,404
2020$112,915
2021$133,512
2022$146,868
2023$154,715
2024$172,588
2025$181,520
2026$186,247