Johnstown, NY is an affordable place to live, with a median housing value of $122,900 compared to the US house median value of $338,100. The 1 year appreciation rate for houses in Johnstown is also higher than the US average appreciation at 9.88%. This makes it an attractive investment opportunity for those looking to purchase property in the area. Despite its affordability and strong housing appreciation rate, Johnstown still offers a variety of amenities such as excellent schools, recreational activities and plenty of job opportunities.
The median home cost in Johnstown is $122,900. Home appreciation the last 10 years has been 49.3%. Home Appreciation in Johnstown is up 11.8%.
Average Age of Homes
- The median age of Johnstown real estate is 78 years old
The Rental Market in Johnstown
- Renters make up 41.2% of the Johnstown population
- 1.0% 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.