Johnstown, PA—15902
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Johnstown, PA
As of Oct '25, the median home price in Johnstown, PA is $55,000, with a year-over-year change of -18.8%. This indicates that home prices in Johnstown, PA are decreasing. According to Zillow, the 1-year price projection is -6.3%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $55,000 | -18.8% |
| Single Family | $55,000 | -19.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $62,000 | -11.4% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Johnstown, PA
As of July '25, Rentcast reports the average rent in Johnstown, PA is $896, with a year-over-year rent change of 26.2%. Per bedroom, the median rent as of July '25 in Johnstown, PA is 1-bedrooms: $975, 2-bedrooms: $837, 3-bedrooms: $898. The most common rental property sizes in Johnstown, PA are 2-bedroom and 3-bedroom, accounting for 43.1% and 26.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $850 | $896 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $850 | $975 |
| 2 Bed Rent | $785 | $837 |
| 3 Bed Rent | $850 | $898 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Johnstown, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Johnstown, PA is 65. This is a increase of 25.0% 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 18.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $48,600 | -5.0% |
Listing Count | 33 | 80.0% |
| Listings as % of Homes | 0.4% | 80.0% |
Days on Market | 65 | 25.0% |
Demographics — Johnstown, PA
As of the latest ACS Survey released in 2023, Johnstown, PA has a population of 11,600, which has increased by 3.4% over the past 5 years. Johnstown, PA is a moderately popular place for families, as children make up 22.8% of the population. The area has a poorly educated workforce, with 15.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 11,600 | 3.4% |
% Under 18 | 22.8% | 15.7% |
% Seniors | 19.9% | 2.6% |
% WFH | 8.9% | 217.9% |
% w/ College Degree | 15.6% | 30.0% |
As of the latest ACS Survey released in 2023, Johnstown, PA is a predominantly white area, with 74.8% of the population identifying as white. The white population has shrunk by 7.8% in the last 5 years. The second most common race or ethnicity in Johnstown, PA is black, making up 8.5% of the population. Foreign-born residents account for 1.5% of the population in Johnstown, PA, and this percentage has increased by 150.0% 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 | 74.8% | -7.8% |
% Black | 8.5% | -22.7% |
% Hispanic | 3.1% | 47.6% |
% Asian | 0.6% | 200.0% |
% Foreign Born | 1.5% | 150.0% |
Mortgage and Risk — Johnstown, PA
According to HUD data as of 2023, there were 143 mortgage originations in Johnstown, PA, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Johnstown, PA. Investor activity is low, as 3.0% of loans were by investors. 1.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 143 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 3.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 1.0% |
Loan Activity
Rentals and Section 8 — Johnstown, PA
Johnstown, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 624 |
Total Units Section 8 | 376 |
% Rentals under Section 8 | 20.1% |
% Occupied Section 8 | 93.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$120 | $850 | $730 |
| 2 Bedroom | $125 | $785 | $910 |
| 3 Bedroom | $380 | $850 | $1,230 |
| 4 Bedroom | N/A | N/A | $1,340 |
Affordability — Johnstown, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.7 |
| Median Home Price | $55,000 |
| Median Household Income | $42,200 |