Johnstown, NY—12095
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Johnstown, NY
As of Oct '25, the median home price in Johnstown, NY is $198,000, with a year-over-year change of 1.0%. This indicates that home prices in Johnstown, NY are flat. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $198,000 | 1.0% |
| Single Family | $198,000 | 1.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $117,000 | 0.0% |
2 Bed | $159,000 | 1.9% |
3 Bed | $204,000 | 2.0% |
4 Bed | $234,000 | 2.2% |
| 5 Bed | $275,000 | 0.4% |
% of Housing Stock
Rental Trends — Johnstown, NY
As of July '25, Rentcast reports the average rent in Johnstown, NY is $1,180, with a year-over-year rent change of 16.8%. Per bedroom, the median rent as of July '25 in Johnstown, NY is 1-bedrooms: $875, 2-bedrooms: $1,170, 3-bedrooms: $1,800. The most common rental property sizes in Johnstown, NY are 2-bedroom and 1-bedroom, accounting for 44.0% and 31.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,000 | $1,180 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $775 | $875 |
| 2 Bed Rent | $1,000 | $1,170 |
| 3 Bed Rent | $1,800 | $1,800 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Johnstown, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Johnstown, NY is 48. This is a increase of 16.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $260,000 | 19.0% |
Listing Count | 63 | 36.0% |
| Listings as % of Homes | 0.6% | 36.0% |
Days on Market | 48 | 16.0% |
Demographics — Johnstown, NY
As of the latest ACS Survey released in 2023, Johnstown, NY has a population of 12,000, which has decreased by -1.8% over the past 5 years. Johnstown, NY is a moderately popular place for families, as children make up 18.3% of the population. The area has a poorly educated workforce, with 24.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,000 | -1.8% |
% Under 18 | 18.3% | -16.4% |
% Seniors | 17.5% | -0.6% |
% WFH | 9.4% | 452.9% |
% w/ College Degree | 24.7% | 8.8% |
As of the latest ACS Survey released in 2023, Johnstown, NY is a predominantly white area, with 89.7% of the population identifying as white. The white population has grown by 1.5% in the last 5 years. The second most common race or ethnicity in Johnstown, NY is hispanic, making up 4.5% of the population. Foreign-born residents account for 2.4% of the population in Johnstown, NY, and this percentage has increased by 4.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 89.7% | 1.5% |
% Black | 2.6% | -45.8% |
% Hispanic | 4.5% | 4.7% |
% Asian | 0.7% | 40.0% |
% Foreign Born | 2.4% | 4.3% |
Mortgage and Risk — Johnstown, NY
According to HUD data as of 2023, there were 149 mortgage originations in Johnstown, NY, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 40.0% above 90% LTV (very high). This implies large mortgage risk in Johnstown, NY. Investor activity is low, as 3.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 149 |
% Conventional Loans | 75.0% |
% Government Loans | 25.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Johnstown, NY
Johnstown, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 257 |
Total Units Section 8 | 257 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 85.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $35 | $775 | $810 |
| 2 Bedroom | $60 | $1,000 | $1,060 |
| 3 Bedroom | -$520 | $1,800 | $1,280 |
| 4 Bedroom | N/A | N/A | $1,420 |
Affordability — Johnstown, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.6 |
| Median Home Price | $198,000 |
| Median Household Income | $69,900 |