Johnstown, OH—43031
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Johnstown, OH
As of Oct '25, the median home price in Johnstown, OH is $424,000, with a year-over-year change of 0.9%. This indicates that home prices in Johnstown, OH are flat. According to Zillow, the 1-year price projection is 2.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $424,000 | 0.9% |
| Single Family | $434,000 | 1.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $280,000 | 1.1% |
3 Bed | $405,000 | 1.5% |
4 Bed | $493,000 | 1.2% |
| 5 Bed | $595,000 | 1.4% |
% of Housing Stock
Rental Trends — Johnstown, OH
As of July '25, Rentcast reports the average rent in Johnstown, OH is $2,590, with a year-over-year rent change of 8.8%. Per bedroom, the median rent as of July '25 in Johnstown, OH is 1-bedrooms: $1,020, 2-bedrooms: $1,440, 3-bedrooms: $2,200, 4-bedrooms: $3,200. The most common rental property sizes in Johnstown, OH are 2-bedroom and 3-bedroom, accounting for 44.8% and 27.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,600 | $2,590 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,020 | $1,020 |
| 2 Bed Rent | $1,000 | $1,440 |
| 3 Bed Rent | $2,050 | $2,200 |
| 4 Bed Rent | $3,000 | $3,200 |
% of Rental Stock
Property Listings — Johnstown, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Johnstown, OH is 58. This is a decrease of -34.0% 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 27.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $589,000 | -17.0% |
Listing Count | 83 | 16.0% |
| Listings as % of Homes | 0.8% | 16.0% |
Days on Market | 58 | -34.0% |
Demographics — Johnstown, OH
As of the latest ACS Survey released in 2023, Johnstown, OH has a population of 13,900, which has increased by 3.7% over the past 5 years. Johnstown, OH is a moderately popular place for families, as children make up 24.1% of the population. The area has a moderately educated workforce, with 41.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 13,900 | 3.7% |
% Under 18 | 24.1% | 3.9% |
% Seniors | 15.5% | -3.7% |
% WFH | 11.8% | 90.3% |
% w/ College Degree | 41.2% | 37.8% |
As of the latest ACS Survey released in 2023, Johnstown, OH is a predominantly white area, with 93.1% of the population identifying as white. The white population has shrunk by 2.3% in the last 5 years. The second most common race or ethnicity in Johnstown, OH is hispanic, making up 1.3% of the population. Foreign-born residents account for 0.7% of the population in Johnstown, OH, and this percentage has increased by 40.0% 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 | 93.1% | -2.3% |
% Black | 0.1% | 0.0% |
% Hispanic | 1.3% | -40.9% |
% Asian | 0.2% | 0.0% |
% Foreign Born | 0.7% | 40.0% |
Mortgage and Risk — Johnstown, OH
According to HUD data as of 2023, there were 388 mortgage originations in Johnstown, OH, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Johnstown, OH. Investor activity is low, as 3.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 388 |
% Conventional Loans | 89.0% |
% Government Loans | 11.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 18.0% |
Loan Activity
Rentals and Section 8 — Johnstown, OH
As of 2024, the percent of homes in Johnstown, OH under the Section 8 program is 10.5%. 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. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Johnstown, OH, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 100 |
Total Units Section 8 | 100 |
% Rentals under Section 8 | 10.5% |
% Occupied Section 8 | 91.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $140 | $1,020 | $1,160 |
| 2 Bedroom | $400 | $1,000 | $1,400 |
| 3 Bedroom | -$360 | $2,050 | $1,690 |
| 4 Bedroom | -$1,120 | $3,000 | $1,880 |
Affordability — Johnstown, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $424,000 |
| Median Household Income | $110,000 |