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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Johnstown is a neutral's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

Johnstown is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Johnstown, CO

How much do homes in Johnstown, CO cost?

Median Sold Price

$513,109

$240/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$23,109(+4.7%)

Key Takeaway

Homes in Johnstown have sold for 4.7% more than they did a year ago.

Summary: The median home sold price in Johnstown was $513,109 in October 2024, up 4.7% from last year, and the median price per square foot was $240.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$900K
N/A
2 $340.2K$366.3K
+7.7%
3 $464.3K$474.3K
+2.2%
4 $511.7K$545K
+6.5%
5+ $590K$600K
+1.7%

Summary: Johnstown housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes increased by 1.7%.

Median Sold Price Compared To Nearby Cities

Johnstown-Milliken
+9.3%
Johnstown
+4.7%
Johnstown
+4.2%
Milliken
+2.5%
Berthoud
-4.8%

Housing Supply in Johnstown, CO

How many homes are available in Johnstown, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
214231+7.9%

Summary: The Johnstown real estate market had 231 homes for sale in October 2024, a 7.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1515
0.0%
3 129130
+0.8%
4 5463
+16.7%
5+ 1623
+43.8%

Summary: The Johnstown housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 0.8%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 43.8%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3735-5.4%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

16 Homes Were Sold
At Asking

10 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. 45.7% of homes here sold near the asking price last month.

Summary: A total of 35 homes were sold or pending in Johnstown in October 2024, down by 5.4% month-over-month. Of the 35 sold homes, 26% were sold under asking, 46% were sold at asking, and 29% 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

Oct 2023Oct 2024CHANGE
34 Days76 Days+125.4%

Summary: Homes in Johnstown had an average of 76 days on market in Oct 2024, up by 125.4% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

15 Homes Were Sold
In 30 - 90 Days

14 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 October 2024, 35 homes were sold in Johnstown; 17% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 40% 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 20 Days Ago

Newest Listings in Johnstown, CO

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