Johnstown, OH is a great place to invest in the housing market due to its higher than average house median value of $362,700 and its higher than average one year house appreciation rate of 14.03%. This rate is significantly higher than the US 1 year House Appreciation of 8.27% and US House Median Value of $338,100, indicating that Johnstown's housing market is both stable and growing. The city offers potential homeowners a variety of options when it comes to finding a home that meets their needs; from starter homes to luxury homes, there are plenty of choices available. Additionally, due to the high level of appreciation in the area, those who choose to invest in Johnstown real estate can expect to see positive returns on their investments over time.
The median home cost in Johnstown is $362,700. Home appreciation the last 10 years has been 102.9%. Home Appreciation in Johnstown is up 19.8%.
Average Age of Homes
- The median age of Johnstown real estate is 43 years old
The Rental Market in Johnstown
- Renters make up 31.8% 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.