Is Johnstown, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Johnstown has remained a Seller's Market.
Housing Prices in Johnstown, CO
How much do homes in Johnstown, CO cost?
Median Sold Price
$525,263
$234/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Johnstown was $525,263 in May 2024, up 2.6% from last year, and the median price per square foot was $234.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $325K | $900K | +176.9% |
2 Bedrooms | $442K | $416.5K | -5.8% |
3 Bedrooms | $480K | $484.9K | +1.0% |
4 Bedrooms | $525K | $565K | +7.6% |
5+ Bedrooms | $600K | $600K | 0.0% |
Summary: Johnstown housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 176.9%, 2 bedroom homes decreased by 5.8%, 3 bedroom homes increased by 1%, 4 bedroom homes increased by 7.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Johnstown-Milliken | $472.7K | $509.9K | +7.9% |
Johnstown | $512K | $525.2K | +2.6% |
Johnstown | $503.7K | $509.9K | +1.2% |
Milliken | $450K | $445K | -1.1% |
Berthoud | $601.5K | $585K | -2.7% |
Housing Supply in Johnstown, CO
How many homes are available in Johnstown, CO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
201 | 237 | +17.9% |
Summary: The Johnstown real estate market had 237 homes for sale in May 2024, a 17.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 8 | 6 | -25.0% |
3 Bedrooms | 100 | 116 | +16.0% |
4 Bedrooms | 64 | 77 | +20.3% |
5+ Bedrooms | 29 | 38 | +31.0% |
Summary: The Johnstown housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 16%, 4 bedroom homes increased by 20.3%, and 5+ bedroom homes increased by 31%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
32 | 49 | +53.1% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
28 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 49 homes were sold or pending in Johnstown in May 2024, up by 53.1% month-over-month. Of the 49 sold homes, 24% were sold under asking, 57% were sold at asking, and 18% were sold over asking.
Days on Market for Johnstown, CO
How long does it take to sell a home in Johnstown, CO?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
52 Days | 56 Days | +8.4% |
Summary: Homes in Johnstown had an average of 56 days on market in May 2024, up by 8.4% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
25 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Summary: During May 2024, 49 homes were sold in Johnstown; 29% of homes were sold within 30 days, 51% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.