What is the median home value in Putnam Township, MI?

The median value of owner-occupied homes in Putnam Township, MI is $344,900 (±$26,410), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Putnam Township, the median home value went from $234,500 in 2015–2019 to $344,900 in 2020–2024 (+47.1%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on .

Median home value
$344,900 (±$26,410)
Owner-occupied homes
2,682 (±190)
Most common range
$300,000 to $499,999

Home values in Putnam Township

Owner-occupied homes by value, 2020–2024
ValuePutnam TownshipLivingston CountyMichiganUnited States
Less than $50,0001.0% (±0.8 points)3.6%7.6%5.3%
$50,000 to $99,9991.8% (±1.6 points)2.8%9.2%6.1%
$100,000 to $149,9992.2% (±1.5 points)2.7%10.6%6.8%
$150,000 to $199,9994.2% (±1.5 points)6.1%14.1%9.0%
$200,000 to $299,99930.8% (±5.1 points)21.0%23.4%17.8%
$300,000 to $499,99943.2% (±6.3 points)44.9%24.1%26.9%
$500,000 to $999,99915.0% (±3.5 points)17.3%9.2%20.9%
$1,000,000 or more1.9% (±1.8 points)1.7%1.6%7.1%

The most common range is $300,000 to $499,999, 43.2% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Putnam Township against Livingston County, its state and the nation

Estimate (90% margin of error)
Putnam TownshipLivingston CountyMichiganUnited States
Median home value$344,900 (±$26,410)$356,800 (±$4,385)$231,600 (±$642)$332,700
Owner-occupied homes2,682 (±190)66,404 (±672)2,984,190 (±12,886)84,210,142

In Putnam Township, the median home value is not measurably different from Livingston County ($356,800).

It is also higher than in Michigan ($231,600).

It is not measurably different from the national figure ($332,700).

In Livingston County, Putnam Township ranks 10 of 18 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 152 of 1,518.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Putnam Township have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$234,500 (±$11,659)$344,900 (±$26,410)+47.1%Up after inflation
Median owner cost with a mortgage$1,509 (±$63)$1,767 (±$143)+17.1%No measurable change after inflation
Median real estate taxes$2,682 (±$93)$3,397 (±$158)+26.7%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Putnam Township

Nearest places with a published estimate, compared with Putnam Township
PlaceDistanceMedian home valueCompared with this place
Putnam Township—$344,900 (±$26,410)—
Unadilla Township5.4 mi$258,300 (±$34,418)Lower
Dexter Township5.9 mi$466,300 (±$28,332)Higher
Marion Township (Livingston County)6.1 mi$381,100 (±$14,401)Higher
Hamburg Township6.2 mi$384,700 (±$12,280)Higher
Lyndon Township7.7 mi$350,200 (±$21,003)Not measurably different
Genoa Township8.1 mi$395,300 (±$22,302)Higher
Iosco Township8.3 mi$319,500 (±$42,600)Not measurably different
Webster Township9.0 mi$564,000 (±$46,550)Higher

Nearby places with a measurably lower figure: Unadilla Township, MI ($258,300).

Nearby places with a measurably higher figure: Dexter Township, MI ($466,300), Marion Township (Livingston County), MI ($381,100), Hamburg Township, MI ($384,700).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Livingston County, place by place

RankPlaceMedian home value
4Hamburg Township$384,700 (±$12,280)
5Marion Township (Livingston County)$381,100 (±$14,401)
6Hartland Township$378,300 (±$13,972)
7Tyrone Township (Livingston County)$370,600 (±$22,039)
8Oceola Township$368,700 (±$12,110)
9Cohoctah Township$347,400 (±$29,840)
10Putnam Township$344,900 (±$26,410)
11Brighton$339,000 (±$16,444)
12Deerfield Township (Livingston County)$326,500 (±$25,115)
13Iosco Township$319,500 (±$42,600)
14Conway Township$285,500 (±$24,423)
15Howell Township$276,400 (±$14,922)
16Howell$265,600 (±$19,927)

Showing 13 of 18 places in Livingston County, ranked from highest to lowest.

The figures for Putnam Township include the places inside it that have pages of their own: Pinckney.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Putnam Township

What is the average home value in Putnam Township, MI?

The Census Bureau publishes the median: $344,900 (±$26,410) for owner-occupied homes in Putnam Township (2020–2024 American Community Survey).

Have home values in Putnam Township gone up?

In Putnam Township, the median home value went from $234,500 in 2015–2019 to $344,900 in 2020–2024 (+47.1%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Is this what homes in Putnam Township sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Putnam township, Livingston County, Michigan (county subdivision:66540, in state:26 county:093).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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