Johnstown, PA Housing Market
AI-powered market intelligence for the Johnstown, PA metro area.
PropertyIQ Scores
Johnstown, PA Market Analysis
Market Overview
Johnstown, PA is a weak housing market according to its PropertyIQ Score of 1 out of 100. The score is at the bottom of the range and reflects several negative signals. The top score drivers are home value momentum of -12.28% over the past 12 months and -14.92% over the past 3 months, median days on market of 48 days, and a 17.3% share of listings with a price cut. These factors together indicate soft buyer demand and seller pressure.
Compared with state averages, the market is far less expensive. Median home value is $102,273, while the state average is $290,552. Rent index is $875, compared with $1,162 statewide. Median household income is $56,292, versus $76,081 across the state. Unemployment is 4.2%, nearly equal to the state average of 4.1%. The data shows a lower-cost market, but local incomes are also below the state norm, which limits buying power.
The negative price momentum is especially important because the 3-month figure of -14.92% is steeper than the 12-month figure of -12.28%. This suggests that price declines have accelerated recently rather than flattened. With 212 homes for sale, 48 days on market, and 17.3% of listings cutting prices, sellers are competing for a limited pool of buyers. Population growth is not available, so a key demand indicator is missing.
Key Trends
First, home prices are declining at an accelerating pace. The 12-month home value momentum is -12.28%, and the 3-month momentum is -14.92%. The reported year-over-year home value change is -$5. Together, these data points suggest that property values are not just flat but moving downward, with the most recent quarter showing the steepest decline.
Second, the market is significantly more affordable than the state average, but incomes are also lower. Median home value of $102,273 is roughly one-third of the state average of $290,552. Median household income of $56,292 is about $19,789 below the state average of $76,081. This means that while purchase prices are low, the local income base may not support rapid price growth.
Third, market conditions are tilted toward buyers. Median days on market is 48, and 17.3% of listings have had a price cut. With homes for sale at 212, buyers have options and sellers appear to be adjusting prices to attract offers. A price cut share above 17% indicates that price reductions are a common strategy in this market.
Fourth, the rental market is lower-cost as well. Rent index is $875, compared with the state average of $1,162. For investors, the relationship between median home value of $102,273 and rent index of $875 suggests a relatively high rental yield on paper, but falling property values and the lack of population growth data create uncertainty about long-term rental demand.
Who Is This Market For
This market is best suited to buyers who prioritize affordability and long-term cash flow over short-term appreciation. First-time buyers may find the median home value of $102,273 attractive compared with the state average of $290,552. Median household income of $56,292 remains below the state average of $76,081, but the lower purchase price may still create a manageable entry point for some households. However, first-time buyers should prepare for the possibility that the home may lose value in the near term, given the negative price momentum data.
Cash-flow-focused rental investors may also find the market worth evaluating. Rent index of $875 against a median home value of $102,273 implies a more favorable rent-to-price ratio than many higher-cost markets. The 17.3% share of listings with price cuts and median days on market of 48 suggest that investors may have room to negotiate. Still, the risk is real: home values are declining, and population growth data is not available, so future rental demand cannot be verified from the provided numbers.
Move-up buyers or short-term flippers are not well aligned with this market. With 12-month home value momentum of -12.28% and 3-month momentum of -14.92%, owners may struggle to sell at a gain. Unemployment of 4.2%, while close to the state average of 4.1%, does not indicate a strong local labor market that would reverse these trends quickly.
Outlook
The near-term outlook for Johnstown is weak based on the trend data. Home value momentum is negative, and the 3-month rate of -14.92% is worse than the 12-month rate of -12.28%, indicating that price declines have not yet stabilized. With median days on market at 48 and 17.3% of listings showing price cuts, sellers are likely to continue facing pressure. The lower median home value of $102,273 and rent index of $875 may eventually attract affordability-seeking buyers, but the provided data does not show a turn in demand. Because population growth is not available, any forecast of longer-term demand would require data that is currently missing. Until price momentum improves, the market's PropertyIQ Score of 1/100 is likely to remain under pressure.
AI-generated analysis based on current market data. Last updated August 20, 2026.
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Johnstown, PA market data
Johnstown, PA Housing Market Overview
Johnstown, PA's median home value is $102K, down 12.3% over the past year. Homes here sell in a median 48 days. Its PropertyIQ Score of 1 sits below the state average of 50, marking a market positioned to lag its state over the next three years.
Whether you're considering buying a home, investing in rental property, or weighing entry timing in the Johnstown, PA area, the PropertyIQ Score gives you a single, data-first read on relative market strength. It is validated against actual market outcomes from 2001 to 2023, with a positive score-to-return relationship in every validated year across PA and every other US state.
The Mid-Atlantic corridor benefits from proximity to major financial centers and government institutions. Housing markets in this region balance urban density with suburban expansion, creating varied opportunities from walkable city neighborhoods to rapidly growing exurbs. Within the Mid-Atlantic, Johnstown, PA's PropertyIQ Score of 1 runs below the Mid-Atlantic norm.
Pennsylvania's housing market spans from Philadelphia's dense urban neighborhoods to Pittsburgh's tech-driven renaissance and rural communities in between, offering diverse investment profiles at various price points.
Each month, PropertyIQ updates its score for Johnstown, PA using four inputs: Zillow ZHVI twelve-month and three-month momentum, Realtor.com median days on market, and the Realtor.com share of listings with price cuts. These four signals are combined into a single 1 to 99 score computed across all metro markets and calibrated so 50 represents the state average, making it a direct read of how this market is positioned to perform relative to its state. Momentum here has been negative, with home values down 12.3% over the past year.
Use PropertyIQ's interactive analytics to compare Johnstown, PA against any other US metro on its PropertyIQ Score and underlying metrics. Generate a free AI market report, explore historical trends on the graphs page, or see how this market ranks on the scores dashboard.
Counties in the Johnstown, PA metro area
ZIP codes in the Johnstown, PA metro area
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Market data through July 2026. Sourced from Zillow, Realtor.com, Redfin, U.S. Census Bureau, FRED, BLS, and BEA. Per-statistic source and date shown above.
Frequently Asked Questions
Is Johnstown, PA a good place to buy real estate in 2026?
PropertyIQ doesn't label markets simply good or bad. Instead, the PropertyIQ Score measures a market's demand momentum against its own state, where 50 marks the state average. Johnstown, PA currently scores 1, a very weak-momentum reading that leaves it positioned to lag its state over the next three years. For buyers, cooling demand usually brings more inventory, longer sale times, and real leverage to negotiate on price. Backing that up, the median home value here is $102K, down 12.3% over the past year. So whether Johnstown, PA is right for you comes down to your goals: a rising-momentum market can favor long-term appreciation but offers less room to negotiate, while a cooling one hands buyers more leverage. Treat the score as a timing signal to weigh alongside your budget, holding period, and plans for the property, not a verdict on the market's quality.
What is the PropertyIQ Score for Johnstown, PA?
Johnstown, PA's PropertyIQ Score is 1, indicating very weak momentum on a 1-to-99 scale. The score distills four transparent inputs into a single number: Zillow home-value momentum over the past 12 months, Zillow home-value momentum over the past 3 months, the median days homes spend on the market from Realtor.com, and the share of listings with a price cut, also from Realtor.com. Rising values and faster sales push the score up, while slow sales and frequent price cuts pull it down. The scale is calibrated so 50 equals the state average, meaning a score above 50 predicts the market will outperform its state over the next three years and a score below 50 predicts underperformance. PropertyIQ computes the score across every US market nationally, then recenters it against each state, so 1 places Johnstown, PA below its state benchmark.
Are home prices in Johnstown, PA rising or falling?
Home prices in Johnstown, PA are falling. Over the past year, the median home value declined 12.3%, reaching $102K. Over the latest three months, values slipped 14.9%, a sign near-term demand is softening. PropertyIQ derives these figures from Zillow's home-value index, which tracks the typical value across the market rather than only the homes that happened to sell, giving a steadier read than a raw median sale price. Both the 12-month and 3-month momentum readings feed directly into the PropertyIQ Score, so this price trend is one of the core signals behind Johnstown, PA's current score. Keep in mind that appreciation can vary widely by neighborhood and price tier across the metro area, so treat these figures as the market-wide baseline rather than a guarantee for any single property.
How quickly do homes sell in Johnstown, PA?
In Johnstown, PA, homes sell in a median of 48 days from listing to pending sale, based on Realtor.com market data. Median days on market is one of the clearest real-time reads on local demand: when homes move quickly, buyers are competing and sellers hold the advantage, while lengthening timelines signal cooling interest and more room to negotiate. Alongside sale speed, about 17% of active listings here have taken at least one price cut — a complementary demand gauge, since a rising share of reductions often precedes slower sales and softer prices. Both median days on market and the price-cut share feed directly into the PropertyIQ Score, where faster sales and fewer cuts push the score higher. As a general guide, medians under about 30 days indicate a brisk, competitive market, while medians well beyond 60 days point to buyers regaining leverage. Actual time on market still varies by price band, property type, and season, so treat the median as a market-wide baseline.
How current is this metro area data?
This Johnstown, PA market data is refreshed on a monthly cycle, with the latest figures current through July 2026. PropertyIQ ingests fresh data every month from a range of authoritative sources: home values and rents from Zillow, days on market and price-cut activity from Realtor.com, additional housing signals from Redfin, demographic and housing-stock data from the U.S. Census Bureau, mortgage and macroeconomic series from FRED, and employment figures from the Bureau of Labor Statistics and the Bureau of Economic Analysis. The PropertyIQ Score itself is recomputed every month once the new source data lands, so the score and its four underlying inputs always reflect the most recent complete reporting period rather than a static snapshot. Because official housing data is typically released with a short lag, the current-through date usually trails the present by a few weeks, which is normal across the industry and not a sign the data is out of date.