Is Putnam, CT 06260 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Putnam is a seller’s market. With about 2 months of supply and 33% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score59/ 100

More competitive than 62% of U.S. ZIP codes, and #188 of 197 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply2Under 4 months = seller’s market
Sold above original list32.6%Share of sales, last 3 months
Median sale-to-list98.7%Sold price ÷ list price
Median days on market50Listing to accepted offer
Median price per sq ft$221▲ +3.8% vs. last year

The Putnam housing market right now

In the three months ending August 31, 2026, 33% of homes in Putnam, CT 06260 sold above their list price, the typical home went under contract in 50 days and there were 2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 47 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 48%, homes sold more slowly (19 days then) and the median sale price rose 9% to $362,593. Overall, Putnam is less competitive than a year ago, which gives buyers more room.

Within Windham County, homes here sell more slowly than in 84% of the county’s ZIP codes, and sell less often over asking than in 92%. On our competition score, Putnam ranks #188 of 197 CT ZIP codes with enough sales (score 59 out of 100).

Nearby, buyers who want less competition could look at Wauregan 06387 (0% sold over asking) or Quinebaug 06262 (0% sold over asking), while East Killingly 06243 (100% sold over asking) and Rogers 06263 (100% sold over asking) are even more competitive.

Nearby markets

Ashford 06278Seller’s market $271 /sq ftBrooklyn 06234Seller’s market $243 /sq ftCanterbury 06331Seller’s market $243 /sq ftCentral Village 06332Seller’s market $107 /sq ft Browse all markets →

Where Putnam is

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Questions about Putnam real estate

Is Putnam a buyer’s or seller’s market?

A seller’s market: there were 2 months of supply in Putnam, CT 06260 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Putnam?

The typical home went under contract in 50 days in the latest three months.

Do homes in Putnam sell over asking?

33% of homes sold above their original list price, and the typical sale closed at 98.7% of the list price.

What is the median home price in Putnam?

The median sale price was $362,593 in the three months ending August 31, 2026, about $221 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology