Johnstown, PA—15906
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 $50,000, with a year-over-year change of -6.6%. This indicates that home prices in Johnstown, PA are decreasing. According to Zillow, the 1-year price projection is -5.6%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $50,000 | -6.6% |
| Single Family | $50,000 | -7.4% |
| 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 $906, with a year-over-year rent change of 5.8%. Per bedroom, the median rent as of July '25 in Johnstown, PA is 1-bedrooms: $592, 2-bedrooms: $779, 3-bedrooms: $1,080. The most common rental property sizes in Johnstown, PA are 2-bedroom and 1-bedroom, accounting for 43.0% and 21.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $850 | $906 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $625 | $592 |
| 2 Bed Rent | $750 | $779 |
| 3 Bed Rent | $1,030 | $1,080 |
| 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 53. This is a decrease of -20.0% 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 18.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $50,600 | 5.0% |
Listing Count | 44 | 23.0% |
| Listings as % of Homes | 0.3% | 23.0% |
Days on Market | 53 | -20.0% |
Demographics — Johnstown, PA
As of the latest ACS Survey released in 2023, Johnstown, PA has a population of 9,650, which has decreased by -13.5% over the past 5 years. Johnstown, PA is a moderately popular place for families, as children make up 21.4% of the population. The area has a poorly educated workforce, with 13.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 9,650 | -13.5% |
% Under 18 | 21.4% | -13.0% |
% Seniors | 22.2% | 2.8% |
% WFH | 5.8% | 45.0% |
% w/ College Degree | 13.2% | 8.2% |
As of the latest ACS Survey released in 2023, Johnstown, PA is a predominantly white area, with 79.4% of the population identifying as white. The white population has shrunk by 3.6% in the last 5 years. The second most common race or ethnicity in Johnstown, PA is black, making up 12.3% of the population. Foreign-born residents account for 0.6% of the population in Johnstown, PA, and this percentage has decreased by 14.3% 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 | 79.4% | -3.6% |
% Black | 12.3% | 32.3% |
% Hispanic | 3.4% | 30.8% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.6% | -14.3% |
Mortgage and Risk — Johnstown, PA
According to HUD data as of 2023, there were 166 mortgage originations in Johnstown, PA, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 28.0% 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 | 166 |
% Conventional Loans | 83.0% |
% Government Loans | 17.0% |
% Investor Loans | 2.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 7.0% |
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 | 705 |
Total Units Section 8 | 184 |
% Rentals under Section 8 | 10.9% |
% Occupied Section 8 | 91.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $105 | $625 | $730 |
| 2 Bedroom | $160 | $750 | $910 |
| 3 Bedroom | $190 | $1,030 | $1,220 |
| 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 | 1.4 |
| Median Home Price | $50,000 |
| Median Household Income | $39,700 |