Putnam Township Housing Market Report May 2025•Linn County, Iowa

hero building illustration for mobile

Housing Prices in Putnam Township, IA

How much do homes in Putnam Township, IA cost?

Housing Market Conditions

Is Putnam Township, IA a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Putnam Township is a Seller's Market

Difference Since May 2024

At the same time last year, Putnam Township was a Neutral Market.

Insight

Putnam Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$359,950$150/SqFt
-$565
-0.2%

Based on all homes sold in the last 12 months

Insight

The sold price of homes in Putnam Township has remained the same since last year.

Summary: The median home sold price in Putnam Township was $359,950 in May 2025, down 0.2% from last year, and the median price per square foot was $150.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Big Grove Township
+19.8%
Bertram Township
+6.2%
Putnam Township
-0.2%
Ely
-0.8%
Franklin Township
-6.2%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMay 2024May 2025Change YoY
1--
N/A
2$262.4K$170K
-35.2%
3$321K$307.5K
-4.2%
4$360.5K$359.9K
-0.2%
5$451.2K$430K
-4.7%

Summary: Putnam Township housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -35.2%. The home price for 3 bedroom homes decreased by -4.2%. The home price for 4 bedroom homes decreased by -0.2%. The home price for 5 bedroom homes decreased by -4.7%.

How does Putnam Township, IA compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Putnam Township, IA

Housing supply in Putnam Township, IA

How many homes are available in Putnam Township, IA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
15Last MonthMay 2025
152 months agoApr 2025
0.0 %
Change MoMApr – May

Summary: The Putnam Township real estate market had 15 homes for sale in May 2025, the same as Apr 2025

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
5Last MonthMay 2025
22 months agoApr 2025
+150.0 %
Change MoMApr – May

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsApr 2025May 2025Change MoM
100
0.0%
233
0.0%
356
+20.0%
411
0.0%
565
-16.7%

Summary: Putnam Township housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +20.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes decreased by -16.7%.

Asking Price vs. Sold Price

How much do homes in Putnam Township, IA cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price1 Home

At Asking Price1 Home

Under Asking Price3 Homes

Insight

If you're buying a home in Putnam Township, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Putnam Township in May 2025, up by 150.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and and 20% were sold over asking.

Days on Market for Putnam Township, IA

How long does it take to sell a home in Putnam Township, IA?

Breakdown of Home Sale Times

Under 30 Days2 Homes

30 – 90 Days2 Homes

Over 90 Days1 Home

Insight

Many homes in Putnam Township are selling fast, if you're buying plan to act quickly.

Summary: During May 2025, 5 homes were sold in Putnam Township; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
37 DaysThis YearMay 2025
108 Days1 year agoMay 2024
-65.6 %
Change YoYMay 2024 – May 2025

Summary: Homes in Putnam Township had an average listing age of 37 days in May 2025, down by 65.6% compared to the previous year.

Connect With An Agent

Local real estate agents are ready to help you find a home here

Sell My Home

Sell your home with an expert or get the job done on your own.

Get Approved

Get a customizable mortgage solution based on today's rates.

Newest Listings in Putnam Township, IA

What homes are available in Putnam Township, IA?

See More Listings

Nearby markets

Popular Cities with Homes for Sale in Iowa

MLS Disclaimers and Copyright

Based on information from Cedar Rapids MLS, for the period 06/01/2023 - 06/01/2025

IDXProvided Courtesy Of Cedar Rapids Area Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Is Believed To Be Accurate But Not Guaranteed.
Copyright 2025 Cedar Rapids Area Association of REALTORS®. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/5/2025, 11:45:26 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.