Johnstown, MI is an excellent place to invest in real estate. The median value of a house is $249,100, which is significantly lower than the US House Median Value of $338,100. What's more, the US 1 year House Appreciation rate is 8.27%, while the 1 year appreciation rate in Johnstown, MI is even higher at 10.54%. These figures suggest that investing in a house in Johnstown would be a wise decision, as it could see significant returns in the future.
The median home cost in Johnstown is $249,100. Home appreciation the last 10 years has been 90.4%. Home Appreciation in Johnstown is up 14.9%.
Average Age of Homes
- The median age of Johnstown real estate is 50 years old
The Rental Market in Johnstown
- Renters make up 13.4% of the Johnstown population
- 0.0% of houses and apartments in Johnstown, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.