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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 8,138, 3,896 total housing units (homes and apartments), and a median house value of $178,054, house prices in Johnstown are solidly below the national average.
Single-family detached homes are the single most common housing type in Johnstown, accounting for 55.37% of the city's housing units. Other types of housing that are prevalent in Johnstown include duplexes, homes converted to apartments or other small apartment buildings ( 30.65%), large apartment complexes or high rise apartments ( 9.69%), and a few row houses and other attached homes ( 2.27%).
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 ( 48.03%), 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 ( 34.05%), followed by between 1970-1999 ( 15.15%). There's also some housing in Johnstown built between 2000 and later ( 2.77%).
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 41.36%, which is annualized rate of 3.52%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
Over the last year, Johnstown appreciation rates have trailed the rest of the nation. In the last twelve months, Johnstown's appreciation rate has been -1.31%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Johnstown were at -2.87%, which equates to an annual appreciation rate of -11.00%.
Notably, Johnstown's appreciation rate in the latest quarter is one of the lowest in America.
Relative to New York, our data show that Johnstown's latest annual appreciation rate is lower than 90% of the other cities and towns in New York.
$178,054
for New york
for nation
3,896
$1,222 / per month