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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Johnstown, PA Real Estate Market

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 Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Johnstown, PA Housing Market Trends

With a population of 18,091, 9,061 total housing units (homes and apartments), and a median house value of $35,475, house prices in Johnstown are some of the most affordable in Pennsylvania as well as the nation.

Single-family detached homes are the single most common housing type in Johnstown, accounting for 52.43% of the city's housing units. Other types of housing that are prevalent in Johnstown include row houses and other attached homes ( 18.60%), large apartment complexes or high rise apartments ( 17.20%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 11.48%).

People in Johnstown primarily live in small (one, two or no bedroom) single-family detached homes. Johnstown has a mixture of owner-occupied and renter-occupied housing.

The housing in Johnstown was primarily built before 1939 ( 43.27%), making the housing stock in Johnstown some of the oldest overall in America, although there is a range of ages of homes in Johnstown. The next most important housing age is between 1940-1969 ( 40.59%), followed by between 1970-1999 ( 14.32%). There's also some housing in Johnstown built between 2000 and later ( 1.82%).

Vacant housing appears to be an issue in Johnstown. Fully 23.15% of the housing stock is classified as vacant. Left unchecked, vacant Johnstown homes and apartments can be a drag on the real estate market, holding Johnstown real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Johnstown Home Appreciation Rates

Some of the lowest real estate appreciation rates in America over the last ten years have been in Johnstown, where house values have increased just 14.31%, which is annualized rate of 1.35%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.

NeighborhoodScout's data show that during the latest twelve months, Johnstown's appreciation rate, at 6.30%, has been at or slightly above the national average. In the latest quarter, Johnstown's appreciation rate has been 0.00%, which annualizes to a rate of 0.00%.

Relative to Pennsylvania, our data show that Johnstown's latest annual appreciation rate is higher than 70% of the other cities and towns in Pennsylvania.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Johnstown differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Johnstown - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Johnstown real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$35,475

Johnstown, PA Home Prices
> $911,000
$684,001 - $911,000
$456,001 - $684,000
$364,001 - $456,000
$274,001 - $364,000
$183,001 - $274,000
$91,001 - $183,000
$45,001 - $91,000
$0 - $45,000
0.2%
0.2%
0.0%
0.0%
0.1%
0.1%
0.0%
0.0%
0.2%
0.2%
1.5%
1.5%
5.9%
5.9%
31.7%
31.7%
60.4%
60.4%
0% 100.0%
% of Homes
Very Low

for Pennsylvania

Very Low

for nation

Number of Homes And Apartments:

9,061

Johnstown Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,119 / per month

Homeownership Rate

Owners
Renters
51.6%
51.6%
48.4%
48.4%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
23.2%
23.2%
76.8%
76.8%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
1.8%
1.8%
14.3%
14.3%
40.6%
40.6%
43.3%
43.3%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
52.4%
52.4%
18.6%
18.6%
11.5%
11.5%
17.2%
17.2%
0.3%
0.3%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
2.0%
2.0%
13.1%
13.1%
33.6%
33.6%
38.5%
38.5%
9.2%
9.2%
3.7%
3.7%
0% 100.0%
% of Homes