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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Johnstown-Milliken is a neutral's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Johnstown-Milliken 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-Milliken, CO

How much do homes in Johnstown-Milliken, CO cost?

Median Sold Price

$516,111

$252/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$47,114(+10.0%)

Key Takeaway

Homes in Johnstown-Milliken have sold for 10% more than they did a year ago.

Summary: The median home sold price in Johnstown-Milliken was $516,111 in November 2024, up 10% from last year, and the median price per square foot was $252.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $229K$559.5K
+144.3%
2 $346.2K$375K
+8.3%
3 $439.9K$477.6K
+8.6%
4 $516.5K$545K
+5.5%
5+ $610K$615K
+0.8%

Summary: Johnstown-Milliken housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 144.3%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes increased by 0.8%.

Median Sold Price Compared To Nearby Cities

Johnstown-Milliken
+10.0%
Johnstown
+5.2%
Johnstown
+4.5%
Milliken
+4.2%
Mead
+2.7%

Housing Supply in Johnstown-Milliken, CO

How many homes are available in Johnstown-Milliken, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
346340-1.7%

Summary: The Johnstown-Milliken real estate market had 340 homes for sale in November 2024, a 1.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 1920
+5.3%
3 162164
+1.2%
4 111108
-2.7%
5+ 5347
-11.3%

Summary: The Johnstown-Milliken housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 5.3%, 3 bedroom homes increased by 1.2%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes decreased by 11.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
5951-13.6%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

23 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Johnstown-Milliken, expect to pay close to the asking price. 45.1% of homes here sold near the asking price last month.

Summary: A total of 51 homes were sold or pending in Johnstown-Milliken in November 2024, down by 13.6% month-over-month. Of the 51 sold homes, 27% were sold under asking, 45% were sold at asking, and 27% 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

Nov 2023Nov 2024CHANGE
49 Days39 Days-20.5%

Summary: Homes in Johnstown-Milliken had an average of 39 days on market in Nov 2024, down by 20.5% compared to last year.

Breakdown of Home Sale Times

26 Homes Were Sold
Under 30 Days

19 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 51 homes were sold in Johnstown-Milliken; 51% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 12% 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

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