Johnstown, OH 43031 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Johnstown, OH—43031

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$424,000

1.3% YoY Growth

Household Income

$110,000

53.2% YoY Growth

Days on Market

38.0% Shorter YoY

Home Price Forecast

2.9%

Median Rent

$2,600

8.8% YoY Growth

1-Bed Rent

$1,020

22.7% YoY Growth

2-Bed Rent

$1,000

35.8% YoY Growth

3-Bed Rent

$2,050

12.0% YoY Growth

Home Price Trends — Johnstown, OH

As of Dec '25, the median home price in Johnstown, OH is $424,000, with a year-over-year change of 1.3%. This indicates that home prices in Johnstown, OH are increasing. According to Zillow, the 1-year price projection is 2.9%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$424,000	1.3%
Single Family	$433,000	1.6%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

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

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% of Rental Stock

Studio

1.7%

1 Bedroom

20.4%

2 Bedrooms

44.8%

3 Bedrooms

27.3%

4 Bedrooms

5.8%

Property Listings — Johnstown, OH

As of Dec '25, Realtor.com reports that the median days on market for a home in Johnstown, OH is 65. This is a decrease of -37.0% 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 26.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$694,000	0.0%
Listing Count	60	4.0%
Listings as % of Homes	0.8%	4.0%
Days on Market	80	-38.0%

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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%

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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%

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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%

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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

Johnstown, OH—43031

Key Metrics at a Glance

Home Price Trends — Johnstown, OH

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Johnstown, OH

% of Rental Stock

Property Listings — Johnstown, OH

Demographics — Johnstown, OH

Race and Ethnicity

Mortgage and Risk — Johnstown, OH

Mortgages

Rentals and Section 8 — Johnstown, OH

Section 8 Market Size

Section 8 Opportunity

Affordability — Johnstown, OH

Home Price to Income Ratio

Johnstown, OH — ZIP Code Boundary Map

Nearby ZIP Codes

Croton, OH

Alexandria, OH

Centerburg, OH

New Albany, OH

Pataskala, OH

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.4
Median Home Price	$424,000
Median Household Income	$110,000

Johnstown, OH—43031

Key Metrics at a Glance

Home Price Trends — Johnstown, OH

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Johnstown, OH

% of Rental Stock

Property Listings — Johnstown, OH

Demographics — Johnstown, OH

Race and Ethnicity

Mortgage and Risk — Johnstown, OH

Mortgages

Rentals and Section 8 — Johnstown, OH

Section 8 Market Size

Section 8 Opportunity

Affordability — Johnstown, OH

Home Price to Income Ratio

Johnstown, OH — ZIP Code Boundary Map

Nearby ZIP Codes

Croton, OH

Alexandria, OH

Centerburg, OH

New Albany, OH

Pataskala, OH

Frequently Asked Questions

What is the average home price in Johnstown, OH 43031?

How have home prices in Johnstown, OH 43031 changed over the past year?

What is the home price projection for Johnstown, OH 43031?

What are the demographics of Johnstown, OH 43031?

How long does it take homes to sell in Johnstown, OH 43031?

What is the average rent price in Johnstown, OH 43031?