Putnam County, Georgia Housing Market Prices
Putnam County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 25% above the Georgia median More expensive than 81% of counties in Georgia$320,588
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Median rent 28% below the Georgia median More expensive than 70% of counties in Georgia$1,002
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Putnam County | Georgia Avg | US Average |
|---|---|---|---|
| Median Home Price | $320,588 | $256,986 | $248,835 |
| Price Trend (Annual %) | 22.9% | 8.9% | 7.5% |
| Median Gross Rent | $1,002 | $1,392 | $1,407 |
| Rent Trend (Annual %) | 5.2% | 5.7% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Putnam County is about 25% higher than in Georgia. Rent is about 28% lower than the Georgia average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Putnam County, up about 22.9% and 5.2% a year respectively. Home prices are changing faster.
Median rent in Putnam County rose about 51.8% between 2015 and 2024, from $660 to $1,002. Over the same span, rent in Georgia rose about 58.5%.
Affordability
On average, housing unit costs 4.5 yearly household incomes in Putnam County.
Buying the median-priced home in Putnam County costs roughly 26.7 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Putnam County. The price-to-rent ratio in Georgia is about 15.4.
| Metric | Putnam County | Georgia Avg | US Average |
|---|---|---|---|
| Median Home Price | $320,588 | $256,986 | $248,835 |
| Median Household Income | $71,029 | $77,523 | $80,455 |
| Price-to-Income Ratio | 4.5 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Putnam County rose about 54.4%, while median household income rose about 48.0% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Putnam County | Georgia Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 62.5% | 58.9% | 58.5% |
| Rental Rate | 14.7% | 30.8% | 31.2% |
| Vacancy Rate | 22.7% | 10.3% | 10.2% |
| Median Tenure (years) | 16.0 | 14.0 | 15.0 |
| Median Year Moved In | 2010 | 2012 | 2011 |
Putnam County has a homeownership rate of 62.5%, higher than the Georgia average of 58.9%. Its housing vacancy rate is 22.7%, compared with 10.3% in Georgia.
Housing Stock
| Metric | Putnam County | Georgia Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.17 people | 2.62 people | 2.53 people |
| Median Structure Built Year | 1990 | 1990 | 1978 |
| Median Number of Rooms | 5.7 | 5.9 | 5.5 |
The typical housing unit in Putnam County was built around 1990. On average, 2.2 people live in a home with about 5.7 rooms, staying for about 16.0 years on average.
Putnam County, GA Housing Compared With Nearby Counties
How Putnam County, GA compares with the 2 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Putnam County, GA | 22,855 | $320,588 #1/3 | $1,002 #1/3 | 80.9% #2/3 |
| Baldwin County, GA | 43,642 | $169,607 | $923 | 61.1% |
| Jones County, GA | 28,673 | $192,934 | $963 | 83.6% |
Frequently Asked Questions
Common questions about the housing market in Putnam County, Georgia.
What is the median home price in Putnam County, Georgia?
The median home price in Putnam County, Georgia is $320,588, higher than the Georgia average of $256,986.
What is the average home price in Putnam County, Georgia?
The typical home price in Putnam County, Georgia, reported as the median sale price, is $320,588. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Putnam County, Georgia?
The median gross rent in Putnam County, Georgia is $1,002 per month, lower than the Georgia average of $1,392.
What was the median gross rent in Putnam County in 2020?
In 2020, the median gross rent in Putnam County, Georgia was $808 per month.
What is the price-to-rent ratio in Putnam County, Georgia?
The price-to-rent ratio in Putnam County, Georgia is about 26.7, meaning it would take roughly 26.7 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Putnam County.
Are home prices or rent rising faster in Putnam County, Georgia?
Both home prices and rent are rising in Putnam County, up about 22.9% and 5.2% a year respectively. Home prices are changing faster.
What is the homeownership rate in Putnam County, Georgia?
62.5% of households in Putnam County, Georgia own their home, higher than the Georgia average of 58.9%.
What is the vacancy rate in Putnam County, Georgia?
The housing vacancy rate in Putnam County, Georgia is 22.7%, higher than the Georgia average of 10.3%.
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