Johnstown, PA—15905
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 $126,000, with a year-over-year change of 0.1%. This indicates that home prices in Johnstown, PA are flat. According to Zillow, the 1-year price projection is -2.9%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $126,000 | 0.1% |
| Single Family | $126,000 | -0.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $94,000 | 1.1% |
3 Bed | $133,000 | 3.1% |
4 Bed | $183,000 | 5.8% |
| 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 $872, with a year-over-year rent change of -0.7%. Per bedroom, the median rent as of July '25 in Johnstown, PA is 1-bedrooms: $738, 2-bedrooms: $920, 3-bedrooms: $975, 4-bedrooms: $975. The most common rental property sizes in Johnstown, PA are 2-bedroom and 3-bedroom, accounting for 38.1% and 34.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $895 | $872 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $675 | $738 |
| 2 Bed Rent | $900 | $920 |
| 3 Bed Rent | $750 | $975 |
| 4 Bed Rent | $975 | $975 |
% 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 34. This is a decrease of -8.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 23.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $128,000 | 8.0% |
Listing Count | 69 | -8.0% |
| Listings as % of Homes | 0.6% | -8.0% |
Days on Market | 34 | -8.0% |
Demographics — Johnstown, PA
As of the latest ACS Survey released in 2023, Johnstown, PA has a population of 19,700, which has remained stable by -0.7% over the past 5 years. Johnstown, PA is a moderately popular place for families, as children make up 18.5% of the population. The area has a moderately educated workforce, with 35.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 19,700 | -0.7% |
% Under 18 | 18.5% | 4.5% |
% Seniors | 25.2% | 4.6% |
% WFH | 15.5% | 216.3% |
% w/ College Degree | 35.0% | 0.6% |
As of the latest ACS Survey released in 2023, Johnstown, PA is a predominantly white area, with 92.3% of the population identifying as white. The white population has shrunk by 2.4% in the last 5 years. The second most common race or ethnicity in Johnstown, PA is hispanic, making up 2.1% of the population. Foreign-born residents account for 1.7% of the population in Johnstown, PA, and this percentage has decreased by 32.0% 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 | 92.3% | -2.4% |
% Black | 1.8% | 28.6% |
% Hispanic | 2.1% | 61.5% |
% Asian | 0.8% | -11.1% |
% Foreign Born | 1.7% | -32.0% |
Mortgage and Risk — Johnstown, PA
According to HUD data as of 2023, there were 298 mortgage originations in Johnstown, PA, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 31.0% 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. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 298 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 4.0% |
Loan Activity
Rentals and Section 8 — Johnstown, PA
As of 2024, the percent of homes in Johnstown, PA under the Section 8 program is 10.3%. This is considered low, suggesting that the neighborhood is sparsely 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 | 276 |
Total Units Section 8 | 227 |
% Rentals under Section 8 | 10.3% |
% Occupied Section 8 | 95.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $145 | $675 | $820 |
| 2 Bedroom | $110 | $900 | $1,010 |
| 3 Bedroom | $620 | $750 | $1,370 |
| 4 Bedroom | $515 | $975 | $1,490 |
Affordability — Johnstown, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2 |
| Median Home Price | $126,000 |
| Median Household Income | $70,600 |