Affordable Homes in Putnam: Comparing Costs to Nearby Cities Like Jacksonville

Welcome back to Putnam Pathways, the blog from Coldwell Banker Ben Bates, Inc., Realtors—your premier source for real estate insights in Putnam County, Florida. As we navigate the summer market in August 2025, affordability remains a top priority for families relocating to the Sunshine State. While Florida’s housing prices have stabilized amid rising inventory, Putnam County stands out as an exceptionally budget-friendly option compared to nearby urban hubs.

With a median sold home price around $250,000 as of June 2025 (up modestly 4.2% year-over-year), Putnam offers significant savings for out-of-state movers or those downsizing from pricier Florida cities.

Note that while some older data cited a county average of $177,500, current trends show values closer to $217,593 on average, with medians reflecting a healthy but accessible market.

In this post, we’ll break down Putnam’s costs versus cities like Jacksonville, Gainesville, Orlando, St. Augustine, and Daytona Beach—using the “wagon wheel” analogy where Putnam is the central hub. We’ll highlight how these savings translate to real benefits for relocating families, from lower mortgages to more disposable income for enjoying the St. Johns River and nature perks.

Putnam County’s Affordable Housing Landscape

Putnam County’s real estate market emphasizes value, with homes providing spacious lots, waterfront access, and countryside charm at prices far below state averages. As of July 2025 data (reflecting June figures), the median sold price is approximately $249,990-$253,000, with an average home value of $217,593—a 3.5% decline year-over-year that favors buyers.

Price per square foot hovers at $178-$184, making it ideal for families seeking 3-4 bedroom homes under $300,000.

In Palatka, the county seat, averages dip to $208,590 (down 3.0%), while areas like Interlachen offer even lower entry points around $170,000.

This affordability stems from Putnam’s rural appeal and steady inventory growth, with homes lingering on the market for about 66 days—giving buyers negotiating leverage.
For a family of four relocating from a high-cost state like New York (where medians exceed $400,000), this means accessing a comparable home for half the price, plus lower property taxes (around 0.8% effective rate) and no state income tax.
Overall cost of living is 7% below the U.S. average, freeing up funds for outdoor activities like boating on the St. Johns River or hiking in Ravine Gardens State Park.

Comparing Costs: Putnam vs. Nearby Urban AreasUsing the wagon wheel model—Putnam as the hub with spokes to surrounding cities—we’ll compare median sold prices (June 2025 data) and highlight savings. These urban areas offer amenities but at a premium, often 20-80% higher than Putnam.

Jacksonville (45-min drive north): As a major metro, Jacksonville’s median sold price of $300,000-$303,089 reflects urban demand, down slightly 1.4%-3.1% YoY.  Families save about $50,000 choosing Putnam, avoiding higher costs for similar square footage while enjoying day trips for Jaguars games or shopping.

Gainesville (50-min west): Home to UF, Gainesville’s medians range $290,000-$320,487, up 4.4%-9.4%.
Savings of $40,000-$70,000 in Putnam mean more budget for college visits or healthcare access, without the college-town price premium.

Orlando (1.5 hours south): Theme park central, Orlando’s $395,402-$407,000 medians are up modestly, with averages at $381,502 (down 2.9%).  Relocators save $145,000+, ideal for families wanting Disney proximity without the $242/sqft urban squeeze.

St. Augustine (40-min east): Historic charm commands $447,000-$510,000, up 2.8%-5.2%.
Putnam’s $197,000-$260,000 edge allows beach day trips without the premium waterfront costs.

Daytona Beach (1 hour east): Beachy vibes at $306,811-$329,000, mixed YoY changes.  Save $57,000-$79,000 in Putnam, trading ocean views for river adventures and lower maintenance.

These comparisons underscore Putnam’s value: While urban areas boast amenities, their higher prices (often 20-100% more) strain family budgets.

Highlighting Savings for Relocating Families

For a family relocating from out-of-state or a pricier Florida city, Putnam’s affordability translates to tangible savings. Consider a $250,000 home here versus $400,000 in Orlando: At 6.5% interest on a 30-year mortgage (20% down), monthly payments are ~$1,265 in Putnam vs. ~$2,024 in Orlando—a $759 monthly difference, or $9,108 yearly.  Add lower utilities ($150/month average) and groceries (7% below national), and annual savings exceed $15,000.

These funds can fuel family priorities: School supplies in Putnam’s improving districts, weekend kayaking on the St. Johns, or hikes in Welaka State Forest. Retirees save on property taxes (~$2,000/year vs. $4,000+ in St. Augustine), while remote workers afford larger homes with home offices overlooking green spaces.  The “best of both worlds” shines—peaceful living with wagon-wheel access to urban jobs, healthcare, and entertainment, all at a fraction of the cost.

Why Relocate to Putnam? Affordability Meets Lifestyle

Putnam isn’t just cheaper; it’s a smarter choice for families seeking stress relief in nature-rich surroundings. Countering any outdated perceptions, our revitalized communities offer safe, vibrant living with low crime and ongoing improvements.  As experts with 50 years in the market, Coldwell Banker Ben Bates helps families maximize these savings.

Our team—Marc Spalding (36+ years in commercial, farms, and waterfront), Erin Fortner (23+ years knowing every nook from Palatka to Interlachen), and Margaret Zahner (38+ years specializing in St. Johns River properties with 58+ local years)—guides you to the best deals.

Ready to save big? Call (386) 328-6716 or visit benbates.com. Subscribe to Putnam Pathways for more. Your affordable Florida dream starts here!