Is Johnstown, PA 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 Last Month

Since last month, Johnstown has remained a Buyer'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, PA

How much do homes in Johnstown, PA cost?

Median Sold Price

$175,000

$134/sqft

Based on all homes sold in February 2024.

Difference Since Last Month

+$120,000(+218.2%)

Key Takeaway

Homes in Johnstown have sold for 218.2% more than they did a month ago.

Summary: The median home sold price in Johnstown was $175,000 in February 2024, up 218.2% from last month, and the median price per square foot was $134.

Median Sold Price By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 --
N/A
2 $54.5K-
N/A
3 -$149.9K
N/A
4 $195K-
N/A
5+ $15K$417K
+2680.0%

Summary: Johnstown housing prices by bedroom type for February 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes increased by 2680%.

Median Sold Price Compared To Nearby Cities

Johnstown
+218.2%
Daisytown
-10.4%

Housing Supply in Johnstown, PA

How many homes are available in Johnstown, PA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
3633-8.3%

Summary: The Johnstown real estate market had 33 homes for sale in February 2024, a 8.3% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 64
-33.3%
3 2124
+14.3%
4 63
-50.0%
5+ 32
-33.3%

Summary: The Johnstown housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 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. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Johnstown in February 2024, down by 40.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Johnstown, PA

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

Average Sale Time

Jan 2024Feb 2024CHANGE
39 Days37 Days-4.9%

Summary: Homes in Johnstown had an average of 37 days on market in Feb 2024, down by 4.9% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 February 2024, 3 homes were sold in Johnstown; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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 27 Days Ago

Newest Listings in Johnstown, PA

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