Is Putnam Valley, NY 10579 a buyer’s or seller’s market?

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

Putnam Valley is a seller’s market. With about 3.1 months of supply and 50% 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 score78/ 100

More competitive than 83% of U.S. ZIP codes, and #300 of 649 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 supply3.1Under 4 months = seller’s market
Sold above original list50%Share of sales, last 3 months
Median sale-to-list101.9%Sold price ÷ list price
Median days on market29Listing to accepted offer
Median price per sq ft$327▲ +1.8% vs. last year

The Putnam Valley housing market right now

In the three months ending August 31, 2026, 50% of homes in Putnam Valley, NY 10579 sold above their list price, the typical home went under contract in 29 days and there were 3.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 27 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 55%, homes sold about as fast and the median sale price held steady to $639,723. Overall, Putnam Valley is less competitive than a year ago, which gives buyers more room.

Within Putnam County, homes here sell faster than in 57% of the county’s ZIP codes, and sell less often over asking than in 57%. On our competition score, Putnam Valley ranks #300 of 649 NY ZIP codes with enough sales (score 78 out of 100).

Nearby, buyers who want less competition could look at Garrison 10524 (30% sold over asking) or Cold Spring 10516 (33% sold over asking), while Brewster 10509 (74% sold over asking) and Patterson 12563 (68% sold over asking) are even more competitive.

Nearby markets

Brewster 10509Seller’s market $291 /sq ftCarmel 10512Seller’s market $307 /sq ftCold Spring 10516Seller’s market $417 /sq ftGarrison 10524Seller’s market $442 /sq ft Browse all markets →

Where Putnam Valley is

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Questions about Putnam Valley real estate

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

A seller’s market: there were 3.1 months of supply in Putnam Valley, NY 10579 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 Valley?

The typical home went under contract in 29 days in the latest three months.

Do homes in Putnam Valley sell over asking?

50% of homes sold above their original list price, and the typical sale closed at 101.9% of the list price.

What are property taxes in Putnam Valley?

About 2.12% of a home’s value a year in Putnam County, or roughly $8,480 on a $400,000 home.

What is the median home price in Putnam Valley?

The median sale price was $639,723 in the three months ending August 31, 2026, about $327 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