Home Values

Putnam Valley Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$330,600

  • 2.3% 1-year change
  • -0.1% 1-year forecast

The median home value in Putnam Valley is $330,600. Putnam Valley home values have gone up 2.3% over the past year and Zillow predicts they will fall -0.1% within the next year. The median rent price in Putnam Valley is $2,100, which is lower than the New York Metro median of $2,515.

Foreclosures will be a factor impacting home values in the next several years. In Putnam Valley 2.4 homes are foreclosed (per 10,000). This is greater than the New York Metro value of 2.0 and also lower than the national value of 3.5

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Putnam Valley is 13.1%, which is higher than the national value of 6.0%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Putnam Valley homeowners underwater on their mortgage is 15.1%, which is higher than New York Metro at 12.4%.

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Relative ZHVI
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Putnam Valley Market Overview

Data through May 31, 2015
  • $330,600 ZHVI
  • -0.1% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (May 31, 2016)
  • No data Median listing price
  • No recent data Median sale price
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Putnam Valley Market Health

Data through May 31, 2015
  • No recent data Stable
  • No data Average days on Zillow
  • 15.1% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 13.1% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

2 Putnam Valley
2 New York Metro
4 United States
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Nearby Cities

Name Median ZHVI
Philipstown $403,600
Crompond $402,600
Cold Spring $366,500
Name Median ZHVI
Jefferson Valley-Yorktown $343,700
Shenorock $333,600
Shrub Oak $320,900
Name Median ZHVI
Carmel $314,500
Mahopac $308,700
Lake Mohegan $289,300

Listings & Sales

  • No data
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Putnam Valley Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $2,437 Putnam Valley
    $2,357 New York Metro
    $1,367 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 4.4 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • No recent data Rent list price
  • No recent data Rent list price / sq ft
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