Johnstown, CO—80534
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Johnstown, CO
As of Oct '25, the median home price in Johnstown, CO is $512,000, with a year-over-year change of -2.2%. This indicates that home prices in Johnstown, CO are decreasing. According to Zillow, the 1-year price projection is -1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $512,000 | -2.2% |
| Single Family | $514,000 | -2.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $387,000 | -2.3% |
3 Bed | $485,000 | -2.2% |
4 Bed | $550,000 | -2.3% |
| 5 Bed | $608,000 | -1.9% |
% of Housing Stock
Rental Trends — Johnstown, CO
As of July '25, Rentcast reports the average rent in Johnstown, CO is $2,380, with a year-over-year rent change of -7.0%. Per bedroom, the median rent as of July '25 in Johnstown, CO is 1-bedrooms: $1,100, 2-bedrooms: $1,810, 3-bedrooms: $2,610, 4-bedrooms: $3,010. The most common rental property sizes in Johnstown, CO are 1-bedroom and 3-bedroom, accounting for 34.2% and 24.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,600 | $2,380 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,300 | $1,100 |
| 2 Bed Rent | $1,950 | $1,810 |
| 3 Bed Rent | $2,600 | $2,610 |
| 4 Bed Rent | $3,000 | $3,010 |
% of Rental Stock
Property Listings — Johnstown, CO
As of Oct '25, Realtor.com reports that the median days on market for a home in Johnstown, CO is 68. This is a increase of 6.0% 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $506,000 | 1.0% |
Listing Count | 238 | 80.0% |
| Listings as % of Homes | 1.2% | 80.0% |
Days on Market | 68 | 6.0% |
Demographics — Johnstown, CO
As of the latest ACS Survey released in 2023, Johnstown, CO has a population of 19,700, which has increased by 19.2% over the past 5 years. Johnstown, CO is a popular place for families, as children make up 25.9% of the population. The area has a moderately educated workforce, with 36.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 19,700 | 19.2% |
% Under 18 | 25.9% | 0.8% |
% Seniors | 9.8% | -19.7% |
% WFH | 14.7% | 141.0% |
% w/ College Degree | 36.6% | 6.7% |
As of the latest ACS Survey released in 2023, Johnstown, CO is a predominantly white area, with 76.7% of the population identifying as white. The white population has shrunk by 4.7% in the last 5 years. The second most common race or ethnicity in Johnstown, CO is hispanic, making up 18.5% of the population. Foreign-born residents account for 3.9% of the population in Johnstown, CO, and this percentage has decreased by 30.4% 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 | 76.7% | -4.7% |
% Black | 0.4% | -20.0% |
% Hispanic | 18.5% | 25.0% |
% Asian | 0.8% | -65.2% |
% Foreign Born | 3.9% | -30.4% |
Mortgage and Risk — Johnstown, CO
According to HUD data as of 2023, there were 818 mortgage originations in Johnstown, CO, of which 69.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in Johnstown, CO. Investor activity is low, as 1.0% 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 | 818 |
% Conventional Loans | 69.0% |
% Government Loans | 31.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Johnstown, CO
As of 2024, the percent of homes in Johnstown, CO under the Section 8 program is 0.7%. 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 units appear to be good home sizes to consider for Section 8 housing in Johnstown, CO, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 9 |
Total Units Section 8 | 9 |
% Rentals under Section 8 | 0.7% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $150 | $1,300 | $1,450 |
| 2 Bedroom | -$140 | $1,950 | $1,810 |
| 3 Bedroom | -$60 | $2,600 | $2,540 |
| 4 Bedroom | -$150 | $3,000 | $2,850 |
Affordability — Johnstown, CO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4 |
| Median Home Price | $512,000 |
| Median Household Income | $132,000 |