Johnston, IA—50131
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Johnston, IA
As of Oct '25, the median home price in Johnston, IA is $394,000, with a year-over-year change of 1.7%. This indicates that home prices in Johnston, IA are increasing. According to Zillow, the 1-year price projection is 0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $394,000 | 1.7% |
| Single Family | $415,000 | 1.2% |
| Condos | $250,000 | -1.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $250,000 | 1.2% |
3 Bed | $335,000 | 1.8% |
4 Bed | $455,000 | 1.3% |
| 5 Bed | $587,000 | 0.5% |
% of Housing Stock
Rental Trends — Johnston, IA
As of July '25, Rentcast reports the average rent in Johnston, IA is $1,510, with a year-over-year rent change of -2.6%. Per bedroom, the median rent as of July '25 in Johnston, IA is studios: $901, 1-bedrooms: $1,040, 2-bedrooms: $1,320, 3-bedrooms: $1,740, 4-bedrooms: $2,410. The most common rental property sizes in Johnston, IA are 2-bedroom and 1-bedroom, accounting for 49.0% and 27.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,340 | $1,510 |
| Studio Rent | $901 | $901 |
| 1 Bed Rent | $960 | $1,040 |
| 2 Bed Rent | $1,320 | $1,320 |
| 3 Bed Rent | $1,700 | $1,740 |
| 4 Bed Rent | $2,200 | $2,410 |
% of Rental Stock
Property Listings — Johnston, IA
As of Oct '25, Realtor.com reports that the median days on market for a home in Johnston, IA is 69. This is a increase of 33.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $454,000 | -6.0% |
Listing Count | 163 | 25.0% |
| Listings as % of Homes | 0.9% | 25.0% |
Days on Market | 69 | 33.0% |
Demographics — Johnston, IA
As of the latest ACS Survey released in 2023, Johnston, IA has a population of 24,400, which has increased by 16.6% over the past 5 years. Johnston, IA is a popular place for families, as children make up 28.8% of the population. The area has a highly educated workforce, with 58.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 24,400 | 16.6% |
% Under 18 | 28.8% | 10.3% |
% Seniors | 16.2% | 30.6% |
% WFH | 14.4% | 176.9% |
% w/ College Degree | 58.0% | 3.8% |
As of the latest ACS Survey released in 2023, Johnston, IA is a predominantly white area, with 79.5% of the population identifying as white. The white population has shrunk by 11.0% in the last 5 years. The second most common race or ethnicity in Johnston, IA is black, making up 8.5% of the population. Foreign-born residents account for 8.8% of the population in Johnston, IA, and this percentage has decreased by 14.6% 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 | 79.5% | -11.0% |
% Black | 8.5% | 203.6% |
% Hispanic | 2.1% | 5.0% |
% Asian | 7.1% | 54.3% |
% Foreign Born | 8.8% | -14.6% |
Mortgage and Risk — Johnston, IA
According to HUD data as of 2023, there were 551 mortgage originations in Johnston, IA, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Johnston, IA. 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 | 551 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 1.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Johnston, IA
As of 2024, the percent of homes in Johnston, IA under the Section 8 program is 4.6%. 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 and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Johnston, IA, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 122 |
Total Units Section 8 | 122 |
% Rentals under Section 8 | 4.6% |
% Occupied Section 8 | 88.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $220 | $960 | $1,180 |
| 2 Bedroom | $90 | $1,320 | $1,410 |
| 3 Bedroom | $190 | $1,700 | $1,890 |
| 4 Bedroom | -$300 | $2,200 | $1,900 |
Affordability — Johnston, IA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $394,000 |
| Median Household Income | $103,000 |