Johnston, IA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Johnston Neighborhoods Since 2000




Johnston, IA Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Johnston Housing Market Information

With 20,871 people, 7,614 houses or apartments, and a median cost of homes of $280,947, Johnston real estate is some of the most expensive in Iowa, although Johnston home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Johnston, accounting for 63.44% of the city's housing units. Other types of housing that are prevalent in Johnston include large apartment complexes or high rise apartments ( 19.29%), row houses and other attached homes ( 13.08%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.19%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Johnston. Owner-occupied housing accounts for 73.76% of Johnston's homes, and 56.52% have either three or four bedrooms, which is average sized relative to America.

Johnston homes and real estate are some of the newest in America. 49.92% of Johnston's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Johnston real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 41.52%), and between 1940-1969 ( 5.68%). There's also some housing in Johnston built before 1939 ( 2.88%).

Johnston Home Appreciation Rates

Appreciation rates for homes in Johnston have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 9.15%, which ranks in the top 30% nationwide. This equates to an annual average Johnston house appreciation rate of 0.88%.

NeighborhoodScout's data show that during the latest twelve months, Johnston's appreciation rate, at 4.97%, has been at or slightly above the national average. In the latest quarter, Johnston's appreciation rate has been 1.37%, which annualizes to a rate of 5.58%.

Relative to Iowa, our data show that Johnston's latest annual appreciation rate is higher than 80% of the other cities and towns in Iowa.

Average Home Values

 

Median Home Value:
$280,947

Johnston, IA HOME PRICES

Value Range
> $1,130,000 0.6
$847,001 - $1,130,000 0.6
$565,001 - $847,000 3.0
$452,001 - $565,000 8.6
$339,001 - $452,000 16.0
$226,001 - $339,000 34.2
$113,001 - $226,000 32.8
$56,001 - $113,000 1.6
$0 - $56,000 2.7

Very High for IA
Very High for Nation

Value Relative to Nation Value Relative to State
18.3815774053674 1.7283950617284

Number Of Homes And Apartments:
7,614

Johnston Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
IA*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
25.81% 1.34% 1 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,188 / per month

Homeownership Rate

Homeownership
Owners 73.76
Renters 26.24
Vacant 3.11

Housing Market Details

 

Age of Homes

AGE OF Johnston HOMES
2000 or Newer 49.9
1970 - 1999 41.5
1940 - 1969 5.7
1939 or Older 2.9

Types of Homes

TYPE OF Johnston HOMES
Single-Family 63.4
Townhomes 13.1
Small Apt. Buildings 4.2
Apt. Complexes 19.3
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Johnston HOMES
No Bedroom 1.22
1 Bedroom 7.72
2 Bedrooms 24.05
3 Bedrooms 29.21
4 Bedrooms 27.31
5 or more bedrooms 10.49