Home prices
The price of the median home in Putnam is $177,100. Compared to its surrounding areas it is roughly $12,900 (6%) lower.In comparison to the United States as a whole it is roughly $40,400 (18%) lower, and in comparison to the city of Boston it is roughly $355,600 (66%) lower.
Rents
Putnam's median rent is $873 per month. This is roughly $53 (5%) lower compared to nearby areas.In comparison to the entire nation it is about $189 (17%) lower, and it is about $747 (46%) lower compared to the city of Boston.
Nearby places
South Woodstock
South Woodstock is Putnam's neighbor to the west. Its housing prices are somewhat more expensive. The median home value in South Woodstock is $235,100, which works out to $58,000 (24%) higher than Putnam. Rent there is a bit more expensive. In South Woodstock the median rent is $1,121 a month, which is $248 (22%) higher than Putnam.
North Grosvenor Dale
North Grosvenor Dale is about 4 miles north from Putnam. Housing prices there are a bit less expensive. The median home in North Grosvenor Dale costs $149,800, which is $27,300 (18%) lower than Putnam. Its rents are a little less expensive. North Grosvenor Dale's median rent is $731 per month, which is $142 (19%) lower than Putnam.
Danielson
Danielson is roughly 7 miles south of Putnam. The real estate prices there are a little less expensive. Danielson's median home price is $156,500, which is $20,600 (13%) lower than Putnam. The rent there is a little more expensive. In Danielson the median monthly rent is $1,048, which is $175 (16%) higher than Putnam.
East Brooklyn
East Brooklyn is about 8 miles south from Putnam. Its real estate prices are a little more expensive. The median home in East Brooklyn is valued at $205,700, which is $28,600 (13%) higher than Putnam. The rent there is somewhat less expensive. The median monthly rent in East Brooklyn is $821, which is $52 (6%) lower than Putnam.
Webster
Webster is roughly 8 miles north of Putnam. Real estate prices there are a little more expensive. The median home price in Webster is $202,900, which works out to $25,800 (12%) higher than Putnam. Its rents are similar. The median monthly rent in Webster is $909, which works out to $36 (3%) higher than Putnam.