Much like nearby areas, it is a lot less expensive compared to the rest of the nation. Compared to the city of Albany, it's substantially less expensive.
Home prices
The median home cost in Johnstown is $94,400. Compared to nearby areas this is is very similar.It is approximately $123,100 (56%) lower compared to the entire nation, and is roughly $84,700 (47%) lower compared to the city of Albany.
Rents
The median monthly rent in Johnstown is $818. This is roughly $26 (3%) higher in comparison to the surrounding areas.It is approximately $244 (22%) lower in comparison to the entire nation, and it is roughly $151 (15%) lower compared to the city of Albany.
Nearby places
Gloversville
Gloversville is Johnstown's neighbor to the northeast. Its housing prices are a little less expensive. The median home in Gloversville costs $76,100, which comes out to $18,300 (24%) lower than Johnstown. The rent there is a little less expensive. In Gloversville the median rent is $755 per month, which is $63 (8%) lower than Johnstown.
Fonda
Fonda is about 3 miles south of Johnstown. Housing prices there are a bit less expensive. Fonda's median home price is $79,100, which comes out to $15,300 (19%) lower than Johnstown. The rent there is a bit less expensive. Fonda's median monthly rent is $689, which works out to $129 (18%) lower than Johnstown.
Fultonville
Fultonville is about 3 miles south from Johnstown. Its housing prices are a little less expensive. The value of the median home in Fultonville is $83,300, which comes out to $11,100 (13%) lower than Johnstown. Rents there are a little less expensive. The median rent in Fultonville is $773 a month, which is $45 (5%) lower than Johnstown.
Tribes Hill
Tribes Hill is roughly 5 miles southeast of Johnstown. Housing prices there are significantly more expensive. The median home in Tribes Hill is valued at $138,900, which works out to $44,500 (32%) higher than Johnstown. The rent there is a bit less expensive. Tribes Hill's median rent is $672 per month, which works out to $146 (21%) lower than Johnstown.
Fort Johnson
Fort Johnson is approximately 6 miles southeast from Johnstown. Its real estate prices are pretty similar. The median home in Fort Johnson costs $95,400, which comes out to $1,000 (1%) higher than Johnstown. Its rents are a bit more expensive. Fort Johnson's median rent is $1,071 a month, which comes out to $253 (23%) higher than Johnstown.
