Johnston currently leans toward sellers, with the market gauge reading 23 on the seller’s side. A months of supply level around 3.2 and only 9 active listings in the latest rolling three-month period point to limited inventory. At the same time, homes are selling in a median of 38 days, indicating that buyers are acting relatively quickly when good options appear.
Prices show a mixed picture in this rolling three‑month view. The typical home value is about $176,986, down modestly from a year ago, yet the median list price has risen more than 12 percent year over year, suggesting sellers are testing higher asking prices even as closed prices ease. Compared with last year, the number of homes sold is down over 36 percent and new listings have fallen more than 60 percent, which tightens choices for buyers and helps support a seller‑tilted environment.
Momentum has shifted toward faster transactions and slightly stronger pricing power for sellers. Median days on market have dropped sharply from earlier periods, and the average sale‑to‑list ratio has climbed more than 5 percent year over year to about 95 percent, showing sellers are conceding less at the negotiation table. Even so, only about 20 percent of recent sales closed above list price, so many buyers still find room to negotiate. Whether you are a buyer trying to navigate limited inventory or a seller looking to price confidently, Agent Pronto can connect you with a local agent who understands these Johnston trends.
