Johnstown, PA—15904
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 $164,000, with a year-over-year change of -8.4%. This indicates that home prices in Johnstown, PA are decreasing. According to Zillow, the 1-year price projection is -3.7%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $164,000 | -8.4% |
| Single Family | $164,000 | -9.9% |
| 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 | N/A | N/A |
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 $972, with a year-over-year rent change of -6.5%. Per bedroom, the median rent as of July '25 in Johnstown, PA is 1-bedrooms: $779, 2-bedrooms: $946, 3-bedrooms: $1,380, 4-bedrooms: $1,100. The most common rental property sizes in Johnstown, PA are 2-bedroom and 1-bedroom, accounting for 42.7% and 24.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $900 | $972 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $695 | $779 |
| 2 Bed Rent | $900 | $946 |
| 3 Bed Rent | $1,050 | $1,380 |
| 4 Bed Rent | $1,100 | $1,100 |
% 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 69. This is a increase of 38.0% 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 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $230,000 | 0.0% |
Listing Count | 29 | -30.0% |
| Listings as % of Homes | 0.3% | -30.0% |
Days on Market | 69 | 38.0% |
Demographics — Johnstown, PA
As of the latest ACS Survey released in 2023, Johnstown, PA has a population of 16,300, which has increased by 3.0% over the past 5 years. Johnstown, PA is a less popular place for families, as children make up 14.6% of the population. The area has a moderately educated workforce, with 31.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 16,300 | 3.0% |
% Under 18 | 14.6% | -12.6% |
% Seniors | 27.0% | 8.4% |
% WFH | 10.6% | 194.4% |
% w/ College Degree | 31.9% | 9.6% |
As of the latest ACS Survey released in 2023, Johnstown, PA is a predominantly white area, with 92.8% of the population identifying as white. The white population has grown by 0.8% in the last 5 years. The second most common race or ethnicity in Johnstown, PA is hispanic, making up 1.8% of the population. Foreign-born residents account for 1.8% of the population in Johnstown, PA, and this percentage has decreased by 10.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 92.8% | 0.8% |
% Black | 1.5% | -28.6% |
% Hispanic | 1.8% | -48.6% |
% Asian | 1.3% | 62.5% |
% Foreign Born | 1.8% | -10.0% |
Mortgage and Risk — Johnstown, PA
According to HUD data as of 2023, there were 244 mortgage originations in Johnstown, PA, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Johnstown, PA. Investor activity is low, as 2.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 244 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Johnstown, PA
As of 2024, the percent of homes in Johnstown, PA under the Section 8 program is 16.7%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Johnstown, PA, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 290 |
Total Units Section 8 | 290 |
% Rentals under Section 8 | 16.7% |
% Occupied Section 8 | 93.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $175 | $695 | $870 |
| 2 Bedroom | $180 | $900 | $1,080 |
| 3 Bedroom | $410 | $1,050 | $1,460 |
| 4 Bedroom | $490 | $1,100 | $1,590 |
Affordability — Johnstown, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $164,000 |
| Median Household Income | $65,100 |