Putnam County market pulse.
Where sellers still hold the cards in Putnam County and where buyers finally have room, neighborhood by neighborhood. Live months of supply straight from realMLS. Right now it is a split market, but the averages hide the spread, so here are both ends.
Sportsman's Harbor is the tightest market in Putnam County right now at just 1.8 months of supply, which means a well-priced listing there is spoken for almost as fast as it hits the MLS. Maddox Station is close behind. At the other end, Rp - Great Waters sits at 14.4 months, the most breathing room in the county for a buyer. Much of that loose end is builder inventory, not soft demand. The county median list price is $294,450 with 168 homes active today. The takeaway is not the average, it is the gap: Putnam County is a split market, and a buyer and a seller two neighborhoods apart are playing completely different games.
| Community | Mo. supply | Active | Sold 12mo | Median list | $/sqft |
|---|---|---|---|---|---|
| Sportsman's Harbor | 1.8 | 2 | 13 | $294,450 | $172 |
| Maddox Station | 2.1 | 4 | 23 | $353,995 | $154 |
| Harmony Farms | 2.5 | 4 | 19 | $600,979 | $197 |
| Hermits Cove | 3.4 | 2 | 7 | $269,950 | $235 |
| St. Johns Riverside Estates | 4.4 | 11 | 30 | $235,000 | $172 |
| Community | Mo. supply | Active | Sold 12mo | Median list | $/sqft |
|---|---|---|---|---|---|
| Rp - Great Waters | 14.4 | 12 | 10 | $1,867,000 | $505 |
| Putnam County | 10.6 | 78 | 88 | $242,000 | $182 |
| Cottage Grove at Lake Oconee | 10.3 | 6 | 7 | $332,501 | $208 |
| Lakeside Hills | 8.4 | 7 | 10 | $215,000 | $198 |
| Interlachen Lakes Estates | 6.2 | 31 | 60 | $200,000 | $150 |
Across 11 Putnam County communities with enough recent sales to measure. County median list price is $294,450 with 168 homes active right now. Many loosest-market entries are active new-construction communities where the builder carries standing inventory, which is exactly where incentives and negotiation live.
How to read this
Months of supply is how long it would take to sell every home for sale today at the recent pace of sales. Under four months, Putnam County sellers hold the leverage and homes move with clean offers and firm prices. Above six, buyers get time, contingencies and price cuts. The two lists above are the extremes; the full sortable table covers every community in Northeast Florida.
Open the full Market Pulse tool to sort and search all 800-plus communities, or jump to another county:
Common questions
Is Putnam County a buyer's or seller's market?
Across the 11 Putnam County communities with enough sales to measure, 4 are seller's markets (under 4 months of supply), 2 are balanced, and 5 favor buyers (over 6 months). On balance that is a split market, but it varies sharply by neighborhood, which is why the lists below split them out.
What is months of supply?
It is how long it would take to sell every home currently for sale at the recent pace of sales: active listings divided by average monthly closings over the last 12 months. Under 4 favors sellers, around 6 is balanced, above 6 favors buyers.
Why do new-construction communities show as buyer's markets?
An actively selling builder carries standing spec inventory against a short closed-sales history, which lifts months of supply. Treat those rows as buyer leverage and incentives, not weakness.
Buying or selling in Putnam County?
The months-of-supply number tells you the climate. We tell you the weather on your street: which communities actually move, where the builder still has room, and what a list price means once CDD, flood and insurance are in the math. Talk to the founders first.
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