Home values, rents and more in the Putnam metro area
September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-15
Open Putnam metro in ProMapHow the Putnam metro compares
The typical home in the Putnam metro area is worth about $377,000, according to the Zillow Home Value Index for September 2026. Home values in the Putnam metro are 16% below the typical value in Connecticut ($447,000) and 3% above the U.S. typical value ($366,000).
Over the past year, home values in the Putnam metro rose 4.5%: 0.5 percentage points below the change in Connecticut (+5.0%) and 3.3 percentage points above the change in the U.S. (+1.2%).
Typical rent is $1,693 a month (Zillow Observed Rent Index), 24% below Connecticut ($2,234) and 12% below the U.S. ($1,932). Rents rose 1.9% over the past year, against +2.9% nationally.
The median household income is $90,589, against $95,781 in Connecticut and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).
About 98,096 people live in the Putnam metro (Census Bureau estimate for July 2025).
The Putnam metro has the 194th-highest typical home value of the 925 metro areas in the United States and the lowest of 7 in Connecticut with Zillow figures.
Where the Putnam metro ranks
| Measure | The Putnam metro | Rank in Connecticut | Rank in the United States |
|---|---|---|---|
| Typical home value | $377,000 | 7th of 7 | 194th of 925 |
| Home values, one-year change | +4.5% | 6th of 7 | 218th of 925 |
| Typical rent | $1,693 a month | 7th of 7 | 183rd of 716 |
| Median household income | $90,589 | 4th of 7 | 69th of 925 |
| Population | 98,096 | 7th of 7 | 405th of 925 |
More data for the Putnam metro on ProMap
ProMap maps these 14 measures for the Putnam metro, among others. Each link opens the map on that measure at the Putnam metro. The figures are part of ProMap Plus, so they are not printed on this page.
- Property-tax rate
- Real estate taxes paid by owner-occupiers in a year, as a share of the value of their homes. Source: U.S. Census Bureau, American Community Survey.
- Natural hazard risk
- A score from 0 to 100 for expected yearly losses from 18 natural hazards, relative to the rest of the country. Source: FEMA National Risk Index.
- Wildfire risk to homes
- Expected yearly wildfire risk per home, as an index on which the average U.S. home is 100. Source: USDA Forest Service, Wildfire Risk to Communities.
- 5-year change in home values
- Change in the typical home value over five years; the map also has 3, 10 and 15 years. Source: Zillow Home Value Index.
- Home values against the 2022 peak
- The typical home value today against its highest month in 2022, in percent. Source: Zillow Home Value Index.
- Income needed to buy
- The household income at which the monthly cost of buying the typical home (20% down, 30-year fixed mortgage, property tax and insurance) is 28% of income; an estimate. Source: Home Economics calculation from Zillow, Freddie Mac, Census Bureau and Treasury data.
- Days on market
- The median number of days that homes listed for sale have been on the market, monthly. Source: Realtor.com.
- Price cuts
- The share of homes listed for sale whose asking price was reduced during the month. Source: Realtor.com.
- Homes for sale against 2017–19
- The number of homes for sale now against the average for the same month in 2017 to 2019. Source: Redfin.
- Unemployment rate
- The share of the labor force that is unemployed, monthly and not seasonally adjusted. Source: Bureau of Labor Statistics, Local Area Unemployment Statistics.
- Building permits
- Housing units authorized by building permits over the past 12 months, per 1,000 residents. Source: U.S. Census Bureau, Building Permits Survey.
- Net migration
- People moving in minus people moving out, each year since 2010. Source: Home Economics calculation from Census Bureau population estimates.
- 2024 presidential vote
- The margin between the Republican and Democratic candidates for president in 2024, in percentage points. Source: official county results and The New York Times precinct results.
- Tree cover
- The share of land under tree canopy. Source: U.S. Forest Service and National Land Cover Database, Tree Canopy Cover.
Metro areas of similar population
Sources
Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.
"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.