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Putnam, CT Home Values and Rents

The typical home value in Putnam is $351,852, 131st highest of 157 cities and towns in Connecticut. Median rent is $1,147 a month.

Typical home value
$351,852
131st of 157 in CT
Median rent
$1,147/mo
ACS 2020-2024
Price change, 1 year
+3.6%
Sep 2026
Homeownership
50.7%
CT: 66.5%

Typical home value in Putnam

Zillow Home Value Index, all homes, middle tier

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PeriodPutnam
Sep 2026$351,852
Dec 2025$341,843
Dec 2024$325,011
Dec 2023$298,705
Dec 2022$273,062
Dec 2021$251,463
Dec 2020$226,280
Dec 2019$194,358
Dec 2018$184,963
Dec 2017$178,856
Dec 2016$166,936
Dec 2015$163,040
Dec 2014$158,717
Dec 2013$154,258
Dec 2012$148,379

Over five years, Putnam prices changed +39.8%.

Source: Zillow Research · Last updated 09/01/2026

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Home values by ZIP code

Median home value and rent (ACS 2020-2024); price changes from the FHFA annual ZIP index

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#ZIP codeMedian valueMedian rent1-year5-year
106260$269,500$1,149+8.5%+57.7%

Fair Market Rents, FY2027

HUD rent standard for Northeastern Connecticut Planning Region, CT

CT rents
Unit sizeMonthly rentvs FY2026
Studio$1,092-1.1%
1 bedroom$1,262-3.2%
2 bedrooms$1,568-2.1%
3 bedrooms$2,006-2.7%
4 bedrooms$2,126-8.6%

Frequently asked questions

What is the typical home value in Putnam, CT?
The typical home value in Putnam is $351,852 (Zillow Home Value Index, Sep 2026). The Connecticut median is $366,900.
How much is rent in Putnam?
The median rent in Putnam is $1,147 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,568.
Are home prices going up in Putnam?
The typical home value in Putnam changed +3.6% over one year and +39.8% over five years, as of Sep 2026.
How does Putnam compare with the rest of Connecticut?
Putnam has the 131st highest median home value of 157 cities and towns with 1,000+ residents in Connecticut.
Which ZIP code in Putnam has the highest home values?
ZIP code 06260 has the highest median home value at $269,500.