Is Janesville, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Janesville has remained a Seller's Market.
Housing Prices in Janesville, MN
How much do homes in Janesville, MN cost?
Median Sold Price
$260,000
$141/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Janesville was $260,000 in March 2024, down 3.7% from last year, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $300K | - | N/A |
2 Bedrooms | $181K | $260K | +43.6% |
3 Bedrooms | $284.9K | $250K | -12.2% |
4 Bedrooms | $274.9K | $263K | -4.3% |
5+ Bedrooms | $260K | $246.5K | -5.2% |
Summary: Janesville housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 43.6%, 3 bedroom homes decreased by 12.2%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes decreased by 5.2%.
Median Sold Price Compared To Nearby Cities
Janesville | $270K | $260K | -3.7% |
Janesville Township | $279.5K | $255K | -8.8% |
Housing Supply in Janesville, MN
How many homes are available in Janesville, MN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 5 | -16.7% |
Summary: The Janesville real estate market had 5 homes for sale in March 2024, a 16.7% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 2 | -33.3% |
3 Bedrooms | 1 | 1 | 0.0% |
4 Bedrooms | 0 | 1 | +100.0% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Janesville housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Janesville in March 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Janesville, MN
How long does it take to sell a home in Janesville, MN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
21 Days | 90 Days | +328.6% |
Summary: Homes in Janesville had an average of 90 days on market in Mar 2024, up by 328.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 1 homes were sold in Janesville; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.