Putnam County, Florida Housing Market
In Putnam County, Florida, the median home value is $160,300, with a median monthly rent of $906. This places Putnam County at #2011 nationally out of 3134 counties by median home value, and #56 within Florida.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,001
- Establishments: 1,520
- BLS QCEW, 2025
Housing Supply
- Single-family: 91
- Multi-family: 36
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 27,483 (avg $51,974)
- Outflow: 25,502 (avg $51,457)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 2 active ZIP codes in Putnam County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 32177 | 322.0 | +0.00% | 2025 |
| 2 | 32148 | 346.7 | -0.32% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Putnam County Compares
| Metric | Putnam County | Florida Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $160,300 | $284,325 | $227,706 |
| Median Gross Rent | $906 | $1,303 | $968 |
| Owner Occupancy Rate | 75.4% | 74.6% | 73.3% |
| Price/Rent Ratio | 14.7 | 17.6 | 18.7 |
Market Analysis
The median home value in Putnam County is 43.6% below the Florida state average and 29.6% below the U.S. national average. The median rent of $906/month is 30.5% below the state average.
With a price-to-rent ratio of 14.7, buying a home in Putnam County is generally more favorable than renting for those planning to stay long-term. A ratio below 15 typically signals that purchasing is financially advantageous over a multi-year horizon.
Putnam County has an owner-occupancy rate of 75.4%, compared to 74.6% in Florida and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Edmonson County | Kentucky | $160,300 | $778 |
| Crittenden County | Arkansas | $160,200 | $911 |
| Adair County | Iowa | $160,400 | $799 |
| Hardin County | Tennessee | $160,400 | $775 |
| Henry County | Tennessee | $160,200 | $761 |
Other Counties in Florida
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Lafayette County | $157,200 | $896 | 77.2% |
| Hardee County | $153,600 | $962 | 71.4% |
| Union County | $169,500 | $894 | 74.7% |
| Washington County | $171,000 | $888 | 80.0% |
| Suwannee County | $171,600 | $884 | 74.9% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).