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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Johnstown is a seller's market

Buyer's
Market

Difference Since June 2023

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

Key Takeaway

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

Housing Prices in Johnstown, CO

How much do homes in Johnstown, CO cost?

Median Sold Price

$531,333

$231/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$28,333(+5.6%)

Key Takeaway

Homes in Johnstown have sold for 5.6% more than they did a year ago.

Summary: The median home sold price in Johnstown was $531,333 in June 2024, up 5.6% from last year, and the median price per square foot was $231.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $325K$900K
+176.9%
2 $432.5K$420K
-2.9%
3 $475K$495K
+4.2%
4 $520K$567.5K
+9.1%
5+ $600K$600K
0.0%

Summary: Johnstown housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 176.9%, 2 bedroom homes decreased by 2.9%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Johnstown-Milliken
+7.8%
Johnstown
+5.6%
Johnstown
+4.0%
Berthoud
0%
Milliken
-0.2%

Housing Supply in Johnstown, CO

How many homes are available in Johnstown, CO?

Number of Homes For Sale

May 2024Jun 2024CHANGE
247249+0.8%

Summary: The Johnstown real estate market had 249 homes for sale in June 2024, a 0.8% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 00
0.0%
2 74
-42.9%
3 124125
+0.8%
4 7579
+5.3%
5+ 4141
0.0%

Summary: The Johnstown housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 42.9%, 3 bedroom homes increased by 0.8%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

May 2024Jun 2024CHANGE
5144-13.7%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

20 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Johnstown, expect to pay close to the asking price. 45.5% of homes here sold near the asking price last month.

Summary: A total of 44 homes were sold or pending in Johnstown in June 2024, down by 13.7% month-over-month. Of the 44 sold homes, 36% were sold under asking, 45% were sold at asking, and 18% were sold over asking.

Days on Market for Johnstown, CO

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

Average Sale Time

Jun 2023Jun 2024CHANGE
54 Days46 Days-13.9%

Summary: Homes in Johnstown had an average of 46 days on market in Jun 2024, down by 13.9% compared to last year.

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

21 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During June 2024, 44 homes were sold in Johnstown; 41% of homes were sold within 30 days, 48% of homes were sold within 30 to 90 days, and 11% 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

Newest Listings in Johnstown, CO

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