$350 Closing Credit*
$29,500
3 Beds
•1 Full Bath
Jeffrey Walker, Listing Office: Forest Lake Real Estate Group
Is Johnstown, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Johnstown has remained a Seller's Market.
Key Takeaway
Johnstown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Johnstown, PA
How much do homes in Johnstown, PA cost?
Median Sold Price
$94,450
$84/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$4,450(+4.9%)
Key Takeaway
Homes in Johnstown have sold for 4.9% more than they did a year ago.
Summary: The median home sold price in Johnstown was $94,450 in November 2024, up 4.9% from last year, and the median price per square foot was $84.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $35K | N/A |
| 2 Bedrooms | $69K | $57.5K | -16.7% |
| 3 Bedrooms | $105K | $111K | +5.7% |
| 4 Bedrooms | $87.5K | $167K | +90.9% |
| 5+ Bedrooms | $135K | $234.5K | +73.7% |
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 16.7%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 90.9%, and 5+ bedroom homes increased by 73.7%.
Median Sold Price Compared To Nearby Cities
| Daisytown | $77.5K | $102.5K | +32.3% |
| Johnstown | $90K | $94.4K | +4.9% |
Housing Supply in Johnstown, PA
How many homes are available in Johnstown, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 28 | 20 | -28.6% |
Summary: The Johnstown real estate market had 20 homes for sale in November 2024, a 28.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 17 | 13 | -23.5% |
| 4 Bedrooms | 9 | 6 | -33.3% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
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 remained the same, 3 bedroom homes decreased by 23.5%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 5 | -50.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Johnstown, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Johnstown in November 2024, down by 50.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 33 Days | 56 Days | +69.3% |
Summary: Homes in Johnstown had an average of 56 days on market in Nov 2024, up by 69.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Johnstown are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in Johnstown; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
