Is Janesville, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Janesville has remained a Seller's Market.
Housing Prices
How much do homes in Janesville, WI cost?
Median Sold Price
$267,750
$145/sqft
Based on all homes sold in August 2023.
Difference Since Last Month
Summary: The median home sold price in Janesville was $267,750 in August 2023, up 6% from last month, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jul 2023 | Aug 2023 | CHANGE |
---|---|---|---|
1 Bedroom | $82.5K | - | N/A |
2 Bedrooms | $212.5K | $216.8K | +2.1% |
3 Bedrooms | $245K | $260K | +6.1% |
4 Bedrooms | $394.5K | $350K | -11.3% |
5+ Bedrooms | $265K | $245K | -7.5% |
Summary: Janesville housing prices by bedroom type for August 2023 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.1%, 3 bedroom homes increased by 6.1%, 4 bedroom homes decreased by 11.3%, and 5+ bedroom homes decreased by 7.5%.
Median Sold Price Compared To Nearby Cities
Janesville | $252.5K | $267.7K | +6.0% |
Harmony | $431.5K | $402.5K | -6.7% |
La Prairie | $384.4K | $305K | -20.7% |
Rock | $315K | $241K | -23.5% |
Housing Supply
How many homes are available in Janesville, WI?
Number of Homes For Sale
Jul 2023 | Aug 2023 | CHANGE |
---|---|---|
264 | 264 | 0.0% |
Summary: The Janesville real estate market had 264 homes for sale in August 2023, the same as July 2023.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jul 2023 | Aug 2023 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 2 | -33.3% |
2 Bedrooms | 42 | 44 | +4.8% |
3 Bedrooms | 150 | 153 | +2.0% |
4 Bedrooms | 61 | 60 | -1.6% |
5+ Bedrooms | 8 | 5 | -37.5% |
Summary: The Janesville housing inventory by bedroom type for August 2023 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 4.8%, 3 bedroom homes increased by 2%, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes decreased by 37.5%.
Number of Homes Sold
Jul 2023 | Aug 2023 | CHANGE |
---|---|---|
90 | 78 | -13.3% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
50 Homes Were Sold
Over Asking
Summary: A total of 78 homes were sold or pending in Janesville in August 2023, down by 13.3% month-over-month. Of the 78 sold homes, 21% were sold under asking, 15% were sold at asking, and 64% were sold over asking.