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Town comparisons › Erie vs Johnstown

Erie vs Johnstown

Erie and Johnstown are both in Weld County. There are 245 homes for sale in Erie and 255 in Johnstown as this page loaded. Erie is the more expensive of the two: a median asking price of $695,000 against $489,900 in Johnstown, about 42% higher. Homes are moving faster in Johnstown — a median of 44 days on market against 53 in Erie. On months of supply both are a balanced market right now.

Side by side

MeasureErieJohnstown
Homes for sale245255
New in last 30 days8291
Median asking price$695,000$489,900
Median price per sq ft$289$248
Median size (sq ft)2,3862,019
Median bedrooms43
Median days on market5344
Months of supply3.44.0
Sold, last 12 months870765
Median sold price$750,000$490,900
Median days to sell7385
Sold vs asking price99.0%100.0%

The darker figure in each row is the lower price, the shorter wait or the larger number — which of those is the good news depends entirely on whether you are buying or selling.

What each market is doing

Erie is a balanced marketBetween three and six months of supply is the range where neither side has the upper hand - well-priced homes sell and buyers still have room to negotiate.
Johnstown is a balanced marketBetween three and six months of supply is the range where neither side has the upper hand - well-priced homes sell and buyers still have room to negotiate.

Erie

245
Homes for sale
$695,000
Median asking price
$289
Median per sq ft
53
Median days on market

Johnstown

255
Homes for sale
$489,900
Median asking price
$248
Median per sq ft
44
Median days on market

Look at either town on its own

Questions people ask

Is Erie or Johnstown more expensive?

Erie is more expensive. The median asking price is $695,000 in Erie against $489,900 in Johnstown. By price per square foot, Erie runs $289 and Johnstown $248.

Which moves faster, Erie or Johnstown?

Homes for sale in Johnstown have been on the market a median of 44 days, against 53 days in Erie. Of the homes that actually closed in the last twelve months, Erie took a median of 73 days and Johnstown 85.

Is Erie or Johnstown the better market for a buyer?

Erie is a balanced market and Johnstown is a balanced market, measured on months of supply — 3.4 months in Erie and 4.0 in Johnstown. More months of supply means more choice and more room to negotiate, so on that measure Johnstown is the easier of the two to buy in today. That is the arithmetic, not advice — the right town is the one you want to live in.

How many homes are for sale in Erie and Johnstown?

There are 245 homes for sale in Erie and 255 in Johnstown as this page loaded, 82 and 91 of them new in the last 30 days.

How current are these figures?

They are not published on a schedule and they are not a monthly snapshot. Both towns are read from the live MLS feed at the same instant, when you open this page, so the two sides are always measured against each other rather than against different weeks.

Both sides of this comparison are recalculated from the live MLS feed at the moment the page loads - neither is a monthly snapshot, and the two are read at the same instant so they are always comparable. Figures cover residential homes for sale; rentals, land and commercial are excluded, as are fractional co-ownership shares, which are priced per share and would distort the medians. Sold figures cover the last twelve complete calendar months. Market data is deemed reliable but not guaranteed - talk to us before making a decision on it.