Johnston City, Illinois Real Estate & Housing Market

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Johnston City Housing Information

Index	Johnston City	Illinois	National
Median home price	$57,900	$174,800	$184,700
Median rent asked	$511	$925	$949
Avg. people per household	2.4	2.6	2.6
Owner occupied households	59.5%	66.0%	63.6%
Renter occupied households	40.5%	34.0%	36.4%

The above shows an overview of the real estate market in Johnston City, IL. Note how the median home price for Johnston City, IL runs $57,900, which is 67% lower than the average property price for Illinois. So you’re going to get real estate in Johnston City, IL that is on-average more affordable than what you’ll find in the rest of Illinois. As for rent, the median for Johnston City, IL runs $511, which is comparatively 45% lower than the average rent for Illinois. For Johnston City, IL, about 59.5% of the population consist of home owners with about 2.4 people living in each property on average. Whether you’re looking for condos or townhomes that are low-maintenance and affordable or sprawling mansions, Johnston City, IL offers a wide variety of real estate. To find your perfect home in Johnston City, IL, filter your choice by price, location, and number of beds and baths using the search area above.

Johnston City Home Affordability

When deciding where to purchase Johnston City, IL real estate, home affordability is one of the top deciding factors. One way that you can calculate the affordability of your next home is to use this formula: median home price to median household income ratio. In Johnston City, IL the median home price is $57,900 and $26,453 is the median household income. As a result, the home price to income ratio in Johnston City, IL is 2.2x, which is 26% lower than the Illinois average. In order to determine the home affordability ratio, you would divide the median home price by the median home income. If you find that in Johnston City, IL the home price to income ratio is lower than average, that means that in general, housing is more affordable. While there more than just one factor in deciding home affordability, you can use the home affordability calculator below as an additional tool when deciding how much you can and should pay for real estate in Johnston City, IL.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Bush, IL	244	$32,000	83%
Orient, IL	350	$34,400	81%
Buckner, IL	467	$45,300	75%
Stonefort, IL	420	$45,800	75%
Hanaford, IL	323	$46,600	75%
Johnston City, IL	3,521	$57,900	69%

Cities with similar population

City, State	Population	Home Price	National Avg.
Gothenburg, NE	3,521	$104,100	44%
Pawhuska, OK	3,521	$57,900	69%
Bloomer, WI	3,523	$133,000	28%
Tupper Lake, NY	3,523	$94,900	49%
Smithville-Sanders, IN	3,519	$155,400	16%
Johnston City, IL	3,521	$57,900	69%

Source: The Johnston City, IL housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).