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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Johnstown is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Johnstown was a Seller's Market.

Key Takeaway

Johnstown is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Johnstown, OH

How much do homes in Johnstown, OH cost?

Median Sold Price

$408,467

$202/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$11,865(+3.0%)

Key Takeaway

Homes in Johnstown have sold for 3% more than they did a year ago.

Summary: The median home sold price in Johnstown was $408,467 in March 2024, up 3% from last year, and the median price per square foot was $202.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $142K-
N/A
2 $200K$310K
+55.0%
3 $377.1K$331.2K
-12.2%
4 $420.4K$437.5K
+4.1%
5+ $493.9K$551.3K
+11.6%

Summary: Johnstown housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 55%, 3 bedroom homes decreased by 12.2%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes increased by 11.6%.

Median Sold Price Compared To Nearby Cities

Johnstown
+3.0%
Monroe Township
0.3%
Liberty Township
-4.3%

Housing Supply in Johnstown, OH

How many homes are available in Johnstown, OH?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
97101+4.1%

Summary: The Johnstown real estate market had 101 homes for sale in March 2024, a 4.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 45
+25.0%
3 5252
0.0%
4 3536
+2.9%
5+ 68
+33.3%

Summary: The Johnstown housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes remained the same, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1214+16.7%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Johnstown, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in Johnstown in March 2024, up by 16.7% month-over-month. Of the 14 sold homes, 50% were sold under asking, 14% were sold at asking, and 36% were sold over asking.

Days on Market for Johnstown, OH

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

Average Sale Time

Mar 2023Mar 2024CHANGE
66 Days44 Days-33.9%

Summary: Homes in Johnstown had an average of 44 days on market in Mar 2024, down by 33.9% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Johnstown are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 14 homes were sold in Johnstown; 50% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 21% 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 26 Days Ago

Newest Listings in Johnstown, OH

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