Putnam County, New York home prices
Typical home $575,184 · +5.5% in a year · property tax 2.12%
The typical home in Putnam County is worth $575,184, 10% more than the New York typical home ($524,942). Values changed +5.5% in the past year and +35.6% over five years. Homeowners here pay a median 2.12% of their home's value in property tax each year ($12,205 on the typical home), versus 1.42% statewide.
Mortgage on the typical Putnam County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $115,037 | $460,147 | $3,095 | $0 | $1,305 | $4,400 | $188,600 |
| 10% down | $57,518 | $517,665 | $3,482 | $216 | $1,305 | $5,003 | $214,400 |
| 5% down | $28,759 | $546,425 | $3,676 | $228 | $1,305 | $5,208 | $223,200 |
| 3.5% down (FHA) | $20,131 | $564,766 | $3,799 | $254 | $1,305 | $5,358 | $229,600 |
Assumes a 30-year fixed loan at 7.11%, property tax of 2.12% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in New York · part of the New York metro area.
New York counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Dutchess County | $504,887 | +5.7% | 1.89% |
| Bronx County | $503,721 | +5.8% | 1.03% |
| Columbia County | $489,917 | +5.6% | 1.4% |
| Saratoga County | $468,194 | +5.5% | 1.4% |
| Orange County | $467,501 | +3.5% | 2.19% |
| Ulster County | $451,636 | +3.6% | 1.77% |
| Richmond County | $724,119 | +5.2% | 0.92% |
| Suffolk County | $729,701 | +4.0% | 1.73% |
| Queens County | $745,223 | +4.8% | 0.87% |
| Rockland County | $758,178 | +5.2% | 1.68% |
Frequently asked questions
What is the average home price in Putnam County, NY?
The typical home value in Putnam County is $575,184 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Putnam County?
About $188,600 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Putnam County?
The median effective rate is 2.12% of home value a year (Census ACS 2024 5-year estimates).