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Housing in Putnam

A typical Putnam home is worth roughly $151,000

Builders were permitted 1 new home in 2025.

Typical home value
$151K
PA $290K
Estimate
2-bedroom rent
$1,000
a month, utilities in · HUD
Median tax bill
$1,655
PA $3,311

What kind of housing town is Putnam?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

What it takes to buy in Putnam

Try your own numbers below.

You could afford about
$288,000
Typical Putnam home $151K

That covers a typical Putnam home, with $137K to spare.

The typical home, each month
$950
Loan $750Tax $160Insurance $40

A two-bedroom rents for about $1,000 a month here, $50 more than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Pennsylvania typical property tax (1.30% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $1,000

Renters already here pay a median of $783, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$690
1 bedroom$790
2 bedrooms$1,000
3 bedrooms$1,300
4 bedrooms$1,340
27%
of households rent · PA 31%
44
renter households
$783
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Tioga County, PA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

New construction

1 new home permitted in 2025

Builders were permitted 1 new home in Putnam in 2025. Over the past 10 years, Putnam has permitted 4 homes in all.

Single-family
02468 200020052010201520202025
1
new homes permitted in 2025
0
2026 so far (Jan–Aug)
4
homes in the past 10 years
Homes vs. people, 2010–2020
Residents−25
New homes+6

Between the 2010 and 2020 censuses, Putnam's population fell by 25 even though 6 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. Across Pennsylvania: 1.4 new residents per new home.

Every year as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)000—
2025110$275,000
2024110$330,000
2023000—
2022000—
2021000—
2020000—
2019000—
2018000—
2017110$246,000
2016110$246,000
2015110$227,000
2014220$422,000
2013110$103,000
2012000—
2011000—
2010000—
2009550$387,000
2008770$377,000
2007110$155,000
2006330$424,000
2005220$125,000
2004110$104,000
2003220$145,000
2002110$77,000
2001000—
2000000—

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.

The homes

73% of Putnam households own their home

Half of Putnam’s homes were built before 1956.

Owners and renters
Own 73%Rent 27%

Pennsylvania: 69% own.

1956
typical home built · PA 1965
$1,655
median property tax bill · PA $3,311

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Neighbors talk housing

What Putnam buyers, sellers and renters are saying.

Town Square →
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Is Putnam still affordable for young families?

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Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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