Compare Johnstown, PA mortgage rates and fees from top lenders. Review free, personalized mortgage rates based on your specifc loan amount, program and other factors. Easily compare APRs, closing costs and monthly payments to find the lowest mortgage rates in Johnstown.
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May 26, 2022
Below we provide helpful information on the real estate market, home prices and housing affordability in Johnstown. Understand how much you need to earn to afford a home in Johnstown, including the mortgage you need to qualify for. Review the monthy payment so you can determine if owning a house in Johnstown fits your budget. This information is based on proprietary analysis you can only find on FREEandCLEAR and we offer it to help you decide if living in Johnstown is right for you.
The median home value for Johnstown, PA (Cambria County) is $110,352
Based on current mortgage rates and a 10% down payment, you need to make $18,081 per year to buy the median priced home in Johnstown
With this income, you could qualify for a $99,317 mortgage, assuming your monthly debt expense is reasonable
Based on this loan amount, the monthly mortgage payment required to buy the median priced home in Johnstown is $419
The median household income for Johnstown, PA (Cambria County) is $53,045
Based on this income, you can afford a home valued at approximately $323,748
The home price you can afford to buy based on household income in Johnstown is 293% of the median home value which means housing prices are affordable. Johnstown (Cambria County) ranks 3 out of 67 counties in Pennsylvania and 394 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Johnstown, PA is affordable
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Johnstown (Cambria County) below.
Conforming loan limits for Johnstown, PA
FHA loan limits for Johnstown, PA
VA loan limits for Johnstown, PA