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 November 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

$520,000

$236/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$22,466(+4.5%)

Key Takeaway

Homes in Johnstown have sold for 4.5% more than they did a year ago.

Summary: The median home sold price in Johnstown was $520,000 in November 2024, up 4.5% from last year, and the median price per square foot was $236.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$900K
N/A
2 $430K$426.5K
-0.8%
3 $466.3K$478.9K
+2.7%
4 $510.4K$564.9K
+10.7%
5+ $595.7K$602K
+1.0%

Summary: Johnstown housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.8%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes increased by 1%.

Median Sold Price Compared To Nearby Cities

Johnstown-Milliken
+10.0%
Johnstown
+5.2%
Johnstown
+4.5%
Milliken
+4.2%
Berthoud
-3.3%

Housing Supply in Johnstown, CO

How many homes are available in Johnstown, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
220218-0.9%

Summary: The Johnstown real estate market had 218 homes for sale in November 2024, a 0.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1211
-8.3%
3 118114
-3.4%
4 6672
+9.1%
5+ 2421
-12.5%

Summary: The Johnstown 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 decreased by 8.3%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3532-8.6%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

7 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. 40.6% of homes here sold near the asking price last month.

Summary: A total of 32 homes were sold or pending in Johnstown in November 2024, down by 8.6% month-over-month. Of the 32 sold homes, 38% were sold under asking, 41% were sold at asking, and 22% 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

Nov 2023Nov 2024CHANGE
58 Days46 Days-20.0%

Summary: Homes in Johnstown had an average of 46 days on market in Nov 2024, down by 20% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

11 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 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 32 homes were sold in Johnstown; 47% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 19% 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 21 Days Ago

Newest Listings in Johnstown, CO

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