The housing market in the Johnstown, PA Metro Area has seen positive growth and appreciation over the past year. The median value of a home in the area is $93,700, which is substantially lower than the US median value of $338,100. While the US median house appreciated 8.27% over the past year, homes in Johnstown have seen an even greater appreciation of 13.25%, demonstrating a strong housing market. This area provides a great opportunity for people looking to purchase reasonable priced homes with potential for good returns on their investments.
The median home cost in Johnstown Metro Area is $93,700. Home appreciation the last 10 years has been 37.6%. Home Appreciation in Johnstown Metro Area is up 14.2%.
Average Age of Homes
- The median age of Johnstown Metro Area real estate is 64 years old
The Rental Market in Johnstown Metro Area
- Renters make up 23.2% of the Johnstown Metro Area population
- 1.2% of houses and apartments in Johnstown Metro Area, 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.