Home prices
The median home value in Putnam Lake is $235,300. Compared to the surrounding areas this is roughly $67,940 (22%) lower.It is approximately $17,800 (8%) higher in comparison to the rest of the country, and in comparison to the city of New York it is about $370,700 (61%) lower.
Rents
Putnam Lake's median monthly rent is $1,647. In comparison to its nearby areas it is approximately $220 (15%) higher.In comparison to the United States as a whole it is approximately $585 (55%) higher, and is about $204 (14%) higher compared to the city of New York.
Nearby places
Lake Carmel
Lake Carmel is approximately 5 miles west from Putnam Lake. Real estate prices there are a bit more expensive. Lake Carmel's median home value is $277,500, which comes out to $42,200 (15%) higher than Putnam Lake. Its rents are a bit more expensive. Lake Carmel's median rent is $1,808 per month, which works out to $161 (8%) higher than Putnam Lake.
Danbury
Danbury is roughly 5 miles southeast from Putnam Lake. Housing prices there are a bit more expensive. The median home in Danbury costs $299,600, which is $64,300 (21%) higher than Putnam Lake. Rent there is somewhat less expensive. The median rent in Danbury is $1,466 per month, which is $181 (12%) lower than Putnam Lake.
Brewster
Brewster is approximately 5 miles southwest from Putnam Lake. Its real estate prices are somewhat more expensive. The median home in Brewster costs $274,000, which works out to $38,700 (14%) higher than Putnam Lake. Its rents are somewhat less expensive. In Brewster the median monthly rent is $1,288, which works out to $359 (27%) lower than Putnam Lake.
Pawling
Pawling is roughly 6 miles north from Putnam Lake. The real estate prices there are somewhat more expensive. The median home in Pawling is valued at $276,100, which comes out to $40,800 (14%) higher than Putnam Lake. The rent there is substantially less expensive. In Pawling the median rent is $906 per month, which comes out to $741 (81%) lower than Putnam Lake.
Peach Lake
Peach Lake is approximately 7 miles south of Putnam Lake. The real estate prices there are substantially more expensive. The value of the median home in Peach Lake is $389,000, which comes out to $153,700 (39%) higher than Putnam Lake. The rent there is similar. The median rent in Peach Lake is $1,667 per month, which is $20 (1%) higher than Putnam Lake.