Is Johnstown-Milliken, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Johnstown-Milliken is a seller's market

Buyer's
Market

Difference Since June 2023

Since last year, Johnstown-Milliken has remained a Seller's Market.

Key Takeaway

Johnstown-Milliken is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Johnstown-Milliken, CO

How much do homes in Johnstown-Milliken, CO cost?

Median Sold Price

$510,000

$254/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$37,009(+7.8%)

Key Takeaway

Homes in Johnstown-Milliken have sold for 7.8% more than they did a year ago.

Summary: The median home sold price in Johnstown-Milliken was $510,000 in June 2024, up 7.8% from last year, and the median price per square foot was $254.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $325K$224K
-31.1%
2 $339.5K$343.6K
+1.2%
3 $450K$470K
+4.4%
4 $501.2K$540.9K
+7.9%
5+ $592.9K$614.2K
+3.6%

Summary: Johnstown-Milliken housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 31.1%, 2 bedroom homes increased by 1.2%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes increased by 3.6%.

Median Sold Price Compared To Nearby Cities

Johnstown-Milliken
+7.8%
Johnstown
+5.6%
Johnstown
+4.0%
Milliken
-0.2%
Mead
-0.6%

Housing Supply in Johnstown-Milliken, CO

How many homes are available in Johnstown-Milliken, CO?

Number of Homes For Sale

May 2024Jun 2024CHANGE
380378-0.5%

Summary: The Johnstown-Milliken real estate market had 378 homes for sale in June 2024, a 0.5% decrease compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 12
+100.0%
2 2119
-9.5%
3 182179
-1.6%
4 114113
-0.9%
5+ 6265
+4.8%

Summary: The Johnstown-Milliken housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 9.5%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes increased by 4.8%.

Number of Homes Sold

May 2024Jun 2024CHANGE
9069-23.3%

Asking Price vs. Sold Price

27 Homes Were Sold
Under Asking

28 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Johnstown-Milliken, expect to pay close to the asking price. 40.6% of homes here sold near the asking price last month.

Summary: A total of 69 homes were sold or pending in Johnstown-Milliken in June 2024, down by 23.3% month-over-month. Of the 69 sold homes, 39% were sold under asking, 41% were sold at asking, and 20% were sold over asking.

Days on Market for Johnstown-Milliken, CO

How long does it take to sell a home in Johnstown-Milliken, CO?

Average Sale Time

Jun 2023Jun 2024CHANGE
40 Days46 Days+16.7%

Summary: Homes in Johnstown-Milliken had an average of 46 days on market in Jun 2024, up by 16.7% compared to last year.

Breakdown of Home Sale Times

29 Homes Were Sold
Under 30 Days

33 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Johnstown-Milliken has remained consistent over time.

Summary: During June 2024, 69 homes were sold in Johnstown-Milliken; 42% of homes were sold within 30 days, 48% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 13 Days Ago

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