Why Live in Putnam Valley
Putnam Valley, known as “The Town of Lakes,” offers a blend of country living with suburban conveniences and an ideal commute to New York City. Located a few miles east of the Hudson River, this hamlet is surrounded by state parks and private lakes, providing ample opportunities for outdoor activities. Residents enjoy hiking on the Appalachian Trail, accessible from several points in town, and visiting Clarence Fahnestock State Park for kayaking, fishing, and winter sports. Putnam Valley Town Park features a playground, sports courts, and a baseball field. The local real estate market includes modest homes built throughout the 20th century, ranging from fixer-uppers and cottages to modern homes with lakefront views. Nearby towns like Jefferson Valley and Peekskill offer additional shopping and dining options, including the Jefferson Valley Mall and Panchos and Gringos Mexican Restaurant. For fresh produce, locals can visit Glynwood Farm in Cold Spring. The Putnam Valley Central School District is highly rated, with Putnam Valley Elementary, Middle, and High Schools all receiving strong ratings. The district also offers a Universal Pre-K Program. Commuters can drive to New York City in about 45 minutes or take a train from the Peekskill Train Station, which is eight miles away. The area has a low crime risk compared to the national average, making it a safe choice for families.
Home Trends in Putnam Valley, NY
On average, homes in Putnam Valley, NY sell after 53 days on the market compared to the national average of 50 days. The median sale price for homes in Putnam Valley, NY over the last 12 months is $615,000, up 30% from the median home sale price over the previous 12 months.
Median Sale Price
$615,000
Median Single Family Sale Price
$615,000
Median Townhouse Sale Price
$487,450
Average Price Per Sq Ft
$317
Number of Homes for Sale
31
Last 12 months Home Sales
102
Median List Price
$612,450
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
30%