Johnstown housing market

Seller's marketJohnstown, PA metro areaData through Sep 2026
Typical home value
$124K
▲ 3.5% 1 yr
Typical rent
$886/mo
▲ 3.0% 1 yr
12-month forecast
+1.5%
#352 of 546 metros
Gross rent yield
8.6%
#27 of 546 · U.S. 6.3%
Days to pending
31 days
▼ −2 days 1 yr
Listings with a price cut
26%
▲ +2.5 pts 1 yr

Key takeaways

  • 1The typical home is worth $124,303, up 3.5% in a year and down 13% over five years.
  • 2Zillow forecasts home values rising 1.5% over the next 12 months (U.S.: +1.1%).
  • 3Typical rent is $886/mo (+3.0% YoY), a 8.6% gross yield, above the U.S. 6.3%.
  • 4At 7.32% with 20% down, the typical home costs $683/mo in principal and interest, $203 less than renting.
  • 5Homes go under contract in 31 days (−2 days vs last year); 26% of listings have had a price cut.
Market temperature
Seller's market
Buyer'sNeutralSeller's

Zillow Market Heat Index: 58/100, #51 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.

Home values and rent

Typical home value
Latest $124K
$112K$125K$138K$151K2016201920222025
Typical monthly rent
Latest $886
$583$682$781$88020182020202220242026

How fast homes are selling

Days to go under contract
Latest 31
30486684202120232025
Share of listings with a price cut
Latest 25.6%
10.2%15.0%19.9%24.7%20182020202220242026
Homes for sale vs new listings
Latest 349
For saleNew listings
9430050671220182020202220242026
Share of homes sold above list price
Latest 42.3%
15.9%27.0%38.2%49.3%202120232025

Affordability

Household income needed to buy vs rent
Latest $37K
To buy (20% down)To rent
$24K$30K$36K$43K201620182020202220242026

Source: Zillow Research (ZHVI, ZORI and market activity data).

How Johnstown compares

MeasureJohnstownUnited StatesRank of 546
Home value, 1-yr change+3.5%+1.2%#158
Home value, 5-yr change−13.0%+19.7%
12-month forecast+1.5%+1.1%#352
Rent, 1-yr change+3.0%+2.7%#301
Gross rent yield8.6%6.3%#27
Price-to-rent ratio11.715.8
Mortgage P&I on typical home$683$2,012
Income needed to buy$36,913$100,902
Days to pending3156

Cities in the Johnstown metro

1 cities with home value and rent data.

Johnstown$106K▲ 5.1%$896▲ 3.1%10.1%

Run the numbers

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Other Pennsylvania metros

Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.