Is Johnstown-Milliken, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Johnstown-Milliken has remained a Seller's Market.
Housing Prices in Johnstown-Milliken, CO
How much do homes in Johnstown-Milliken, CO cost?
Median Sold Price
$509,900
$256/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Johnstown-Milliken was $509,900 in May 2024, up 7.9% from last year, and the median price per square foot was $256.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $325K | $229K | -29.5% |
2 Bedrooms | $344.2K | $343.6K | -0.2% |
3 Bedrooms | $450K | $470K | +4.4% |
4 Bedrooms | $510K | $541.8K | +6.2% |
5+ Bedrooms | $582.5K | $629.7K | +8.1% |
Summary: Johnstown-Milliken housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 29.5%, 2 bedroom homes decreased by 0.2%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes increased by 8.1%.
Housing Supply in Johnstown-Milliken, CO
How many homes are available in Johnstown-Milliken, CO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
303 | 374 | +23.4% |
Summary: The Johnstown-Milliken real estate market had 374 homes for sale in May 2024, a 23.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 14 | 20 | +42.9% |
3 Bedrooms | 156 | 177 | +13.5% |
4 Bedrooms | 86 | 117 | +36.0% |
5+ Bedrooms | 47 | 59 | +25.5% |
Summary: The Johnstown-Milliken housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 42.9%, 3 bedroom homes increased by 13.5%, 4 bedroom homes increased by 36%, and 5+ bedroom homes increased by 25.5%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
54 | 87 | +61.1% |
Asking Price vs. Sold Price
26 Homes Were Sold
Under Asking
34 Homes Were Sold
At Asking
27 Homes Were Sold
Over Asking
Summary: A total of 87 homes were sold or pending in Johnstown-Milliken in May 2024, up by 61.1% month-over-month. Of the 87 sold homes, 30% were sold under asking, 39% were sold at asking, and 31% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
39 Days | 66 Days | +68.6% |
Summary: Homes in Johnstown-Milliken had an average of 66 days on market in May 2024, up by 68.6% compared to last year.
Breakdown of Home Sale Times
29 Homes Were Sold
Under 30 Days
45 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Summary: During May 2024, 87 homes were sold in Johnstown-Milliken; 33% of homes were sold within 30 days, 52% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.