Putnam, CT
Full City Profile · Connecticut · Northeastern Connecticut Planning Region County
3.0
/5.0
B
Good
7,120
Population
1,826/sq mi density
$63,209
Median Income
$34,304 per capita
$236,000
Home Value
$336,876 Zillow
$1,124
Median Rent
27.4% income on rent
48°F
Avg Temperature
271 sunny days/yr
192
Violent Crime/100K
768 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$63,209 median income, 3.5% unemployment
A+
Affordability
4.6 / 5.0
$236,000 home value, $1,124/mo rent
F
Safety
1.0 / 5.0
192 violent crimes/100K
C
Education
2.4 / 5.0
17.8% bachelor's degree or higher
Housing Overview
Median Home Value
$236,000
16% below
US avg: $281,900
Median Rent
$1,124/mo
3% below
US avg: $1,163/mo
Homeownership Rate
50.0%
24% below US avg (65.4%)
Total Housing Units
3,342
Median year built: 1952
Home Value by Source
Census Median
$236,000
Zillow (ZHVI)
$336,876
Median Sale Price
$380,000
Median List Price
$332,450
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
50.0%
Owner-Occupied
50.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,351/mo
1 Bedroom
$1,590/mo
2 Bedroom
$1,955/mo
3 Bedroom
$2,415/mo
4 Bedroom
$2,824/mo
Census median rent:
$1,124/mo
Market Indicators (Redfin)
Median Days on Market
22 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
10
Price Drops
18.8%
of listings with price reduction
Price Per Sq Ft
$234
Active Inventory
16
homes for sale
Affordability & Housing Stock
Rent Burden
27.4%
of renters spending 30%+ of income on housing
12% below US avg (31.0%)
Median Year Built
1952
Average age of housing stock: 74 years
Homeownership Rate
50.0%
Complete Housing Data
Home Values
| Census Median Value | $236,000 |
| Zillow Home Value (ZHVI) | $336,876 |
| Median Sale Price | $380,000 |
| Median List Price | $332,450 |
| Price Per Sq Ft | $234 |
Rent
| Census Median Rent | $1,124 |
| FMR Studio | $1,351 |
| FMR 1-Bedroom | $1,590 |
| FMR 2-Bedroom | $1,955 |
| FMR 3-Bedroom | $2,415 |
| FMR 4-Bedroom | $2,824 |
Market
| Days on Market | 22 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 18.8% |
| Homes Sold | 10 |
| Active Inventory | 16 |
| Price Per Sq Ft | $234 |
Ownership & Stock
| Owner-Occupied | 50.0% |
| Renter-Occupied | 50.0% |
| Homeownership Rate | 50.0% |
| Total Housing Units | 3,342 |
| Median Year Built | 1952 |
| Rent Burden | 27.4% |
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