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Foreclosure Homes in Putnam, IL

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Putnam, IL Foreclosures

How much do homes sell for in Putnam, IL?
The average home price is currently $243,327.
In Putnam, IL, how many homes are available?
There are currently 57 active home listings available in Putnam.
What’s the average rental cost in Putnam, IL?
The average rental price in Putnam is $1,212.
What is the most expensive home in Putnam?
The most expensive home sold in Putnam had a price of $1,022,838.
What is currently the cheapest priced home in Putnam, IL?
The cheapest home for sale in Putnam is priced at $15,728.

Living in Putnam, IL

Putnam, IL is a small village with a charming rural atmosphere, surrounded by natural beauty. Known for its outdoor recreational opportunities and strong community spirit, it provides a tranquil living environment away from the hustle of city life. Residents enjoy a slower pace, with local amenities and nature at their doorstep.

Current Market Conditions in Putnam, IL

The real estate market in Putnam, IL is currently experiencing steady growth, driven by an influx of individuals seeking quieter lifestyles away from urban centers. Properties here tend to appreciate at a modest rate, making it an attractive option for both first-time homebuyers and investors.

With a limited inventory of homes for sale, competition among buyers is creating a seller's market. Prices have risen slightly over the past few months, which indicates a growing interest in this charming location.

Home Value Estimator For Putnam, IL

There are currently 726 real estate properties in Putnam, IL, with a median automated valuation model (AVM) price of $227,724.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Putnam, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Putnam, IL, is $243,327.00, with the most expensive house in Putnam, IL, topping out at $1,022,838.00 and the cheapest home in Putnam, IL, clocking in at $15,728.00. In other words, there’s something for every potential homebuyer or savvy investor in Putnam, IL!

Rent Prices In Putnam, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Putnam, IL, is on a rollercoaster ride. The average rent price in Putnam, IL, is $1,212.00. Indeed, when looking to rent in Putnam, IL, you can expect to pay as little as $570.00 or as much as $1,900.00, with the average rent median estimated to be $1,190.00. The good news is that finding an affordable and desirable property to rent in Putnam, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Putnam, IL Foreclosures


Market Trend for Putnam, IL

Total Listings Available: 57

Market Values:

Home Prices from $15,728 to $1,022,838

Average Sales Price: $243,327

Rental Values:

Rental from $570 to $1,900

Average Rent Value: $1,212 / month

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