New - 17 hours on Rocket
$7,719 Closing Credit¹
#826779, Listing Office: HomeSmart Homes & Estates
Putnam Valley Housing Market Report January 2025•Putnam County, New York
Housing Prices in Putnam Valley, NY
How much do homes in Putnam Valley, NY cost?
Housing Market Conditions
Is Putnam Valley, NY a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Putnam Valley is a Buyer's Market
Difference Since January 2024
Since last year, Putnam Valley has remained a Buyer's Market.
Insight
Putnam Valley is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$553,000$294/SqFt
+$105,500
+23.6%
Based on all homes sold in the last 12 months
Insight
Homes in Putnam Valley have sold for 23.6% more than they did a year ago.
Summary: The median home sold price in Putnam Valley was $553,000 in January 2025, up 23.6% from last year, and the median price per square foot was $294.
Median Sold Price By Cities
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Putnam Valley | $447.5K | $553K | +23.6% |
| Kent | $387.5K | $450K | +16.1% |
| Philipstown | $630K | $720K | +14.3% |
| Mahopac | $512.5K | $585K | +14.1% |
| Carmel | $445.8K | $493K | +10.6% |
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $385K | $317.5K | -17.5% |
| 22 Bedrooms | $367.5K | $397.5K | +8.2% |
| 33 Bedrooms | $525K | $550K | +4.8% |
| 44 Bedrooms | $620K | $708.2K | +14.2% |
| 55+ Bedrooms | $645K | $702K | +8.8% |
Summary: Putnam Valley housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -17.5%. The home price for 2 bedroom homes increased by +8.2%. The home price for 3 bedroom homes increased by +4.8%. The home price for 4 bedroom homes increased by +14.2%. The home price for 5 bedroom homes increased by +8.8%.
Housing supply in Putnam Valley, NY
How many homes are available in Putnam Valley, NY?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 37Last MonthJan 2025 | ||
| 412 months agoDec 2024 | -9.8 % Change MoMDec – Jan |
Summary: The Putnam Valley real estate market had 37 homes for sale in Jan 2025, a 9.8 % decrease compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 5Last MonthJan 2025 | ||
| 132 months agoDec 2024 | -61.5 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 1 | 0.0% |
| 22 Bedrooms | 12 | 10 | -16.7% |
| 33 Bedrooms | 19 | 17 | -10.5% |
| 44 Bedrooms | 4 | 4 | 0.0% |
| 55+ Bedrooms | 5 | 5 | 0.0% |
Summary: Putnam Valley housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -16.7%. The inventory for 3 bedroom homes decreased by -10.5%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Putnam Valley, NY cost?
Over Asking Price3 Homes
At Asking Price1 Home
Under Asking Price1 Home
Insight
If you're buying a home in Putnam Valley, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Putnam Valley in January 2025, down by 61.5% month-over-month. Of the 5 sold homes, 20% were sold under asking, 20% were sold at asking, and and 60% were sold over asking.
Days on Market for Putnam Valley, NY
How long does it take to sell a home in Putnam Valley, NY?
Breakdown of Home Sale Times
Under 30 Days2 Homes
30 – 90 Days2 Homes
Over 90 Days1 Home
Insight
Many homes in Putnam Valley are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 5 homes were sold in Putnam Valley; 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
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 46 DaysThis YearJan 2025 | ||
| 45 Days1 year agoJan 2024 | +2.7 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Putnam Valley had an average listing age of 46 days in Jan 2025, up by 2.7% compared to the previous year.
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Newest Listings in Putnam Valley, NY
What homes are available in Putnam Valley, NY?
New - 1 day on Rocket
$3,856 Closing Credit¹
#825325, Listing Office: Exit Realty Connections
Coming soon
$7,707 Closing Credit¹
#825986, Listing Office: Closer Real Estate
Coming soon
$10,000 Closing Credit¹
#825137, Listing Office: Houlihan Lawrence Inc.
New - 4 days on Rocket
$4,869 Closing Credit¹
#823577, Listing Office: The Select Team, LLC
$3,210 Closing Credit¹
#823681, Listing Office: River Realty Services, Inc.
$3,313 Closing Credit¹
#818391, Listing Office: Howard Hanna Rand Realty
$3,918 Closing Credit¹
#818385, Listing Office: Howard Hanna Rand Realty
$9,797 Closing Credit¹
#818352, Listing Office: Briante Realty Group, LLC
#816881, Listing Office: Closer Real Estate
$7,707 Closing Credit¹
#811777, Listing Office: Houlihan Lawrence Inc.
#814617, Listing Office: Coldwell Banker Realty
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MLS Disclaimers and Copyright
Based on information from OneKey MLS, for the period 02/01/2023 - 02/01/2025
Listings courtesy of OneKey MLS as distributed by MLS GRID.All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.
Information Copyright 2025, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 2/21/2025, 2:11:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.