Is Janesville, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Janesville is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Janesville has remained a Seller's Market.

Key Takeaway

Janesville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Janesville, WI cost?

Median Sold Price

$225,000

$145/sqft

Based on all homes sold in April 2022.

Difference Since Last Month

+$30,000(+15.4%)

Key Takeaway

Homes in Janesville have sold for 15.4% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSMar 2022Apr 2022%
1 $80K$180K
+125.0%
2 $139.9K$193K
+38.0%
3 $190K$243.8K
+28.3%
4 $265K$237.5K
-10.4%
5+ $610K$254.5K
-58.3%

Median Sold Price Compared To Nearby Cities

Janesville
+15.4%
Harmony
+6.3%

How many homes are available in Janesville, WI?

Number of Homes For Sale

Mar 2022Apr 2022%
181212+17.1%

Homes For Sale By Bedroom Count

# BEDSMar 2022Apr 2022%
1 32
-33.3%
2 4149
+19.5%
3 94107
+13.8%
4 3544
+25.7%
5+ 810
+25.0%

Number of Homes Sold

Mar 2022Apr 2022%
4863+31.3%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

46 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Janesville, you could pay more than the asking price. 73% of homes here sold above asking price last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Janesville are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

600 S Randall Ave, Janesville, WI 53545

600 S Randall Ave, Janesville, WI 53545

$185,000
1,092 SqFt
3 Bedrooms
~$850/mo.*2 Full Baths
Angela Ketelsen#11412197Listing Office:
Keller Williams Realty SignatureMLS logo
600 S Randall Ave, Janesville, WI 53545

600 S Randall Ave, Janesville, WI 53545

$185,000
1,092 SqFt
3 Bedrooms
~$850/mo.*2 Full Baths
#1934929Listing Office:
Keller Williams Realty SignatureMLS logo
320 N Pine St, Janesville, WI 53548

320 N Pine St, Janesville, WI 53548

$145,000
675 SqFt
1 Bedroom
~$650/mo.*2 Full Baths
#1934925Listing Office:
Mansur Real Estate LLCMLS logo
833 Richardson St, Janesville, WI 53545

833 Richardson St, Janesville, WI 53545

$259,900
2,502 SqFt
4 Bedrooms
~$1,150/mo.*2 Full Baths, 1 Partial
#1934906Listing Office:
Century 21 AffiliatedMLS logo
2727 Kells Way, Janesville, WI 53546

2727 Kells Way, Janesville, WI 53546

$304,900
1,333 SqFt
3 Bedrooms
~$1,350/mo.*2 Full Baths
#1934859Listing Office:
Coldwell Banker The Realty GroupMLS logo
809 Blaine Ave, Janesville, WI 53545

809 Blaine Ave, Janesville, WI 53545

$260,000
1,785 SqFt
4 Bedrooms
~$1,150/mo.*2 Full Baths
#1934861Listing Office:
Restaino & Associates ERA PoweredMLS logo
3318-3320 Spruce St, Janesville, WI 53546

3318-3320 Spruce St, Janesville, WI 53546

$289,900
  
~$1,300/mo.*0 Baths
#1934854Listing Office:
Century 21 AffiliatedMLS logo
3408 E Rotamer Rd, Janesville, WI 53546

3408 E Rotamer Rd, Janesville, WI 53546

$274,900
1,931 SqFt
3 Bedrooms
~$1,250/mo.*2 Full Baths
#1934855Listing Office:
Century 21 AffiliatedMLS logo
1218 Nicolet St, Janesville, WI 53546

1218 Nicolet St, Janesville, WI 53546

$239,900
2,090 SqFt
4 Bedrooms
~$1,100/mo.*2 Full Baths
#1934844Listing Office:
First Weber IncMLS logo
531 S Walnut St, Janesville, WI 53548

531 S Walnut St, Janesville, WI 53548

$26,900
0.36 Acres 
~$100/mo.*
#1934841Listing Office:
Big Block MidwestMLS logo
904 Princeton Rd, Janesville, WI 53546

904 Princeton Rd, Janesville, WI 53546

$339,900
1,799 SqFt
4 Bedrooms
~$1,500/mo.*2 Full Baths
#1934826Listing Office:
Century 21 AffiliatedMLS logo
620 W Court St, Janesville, WI 53548

620 W Court St, Janesville, WI 53548

$149,000
1,350 SqFt
3 Bedrooms
~$650/mo.*1 Full Bath, 1 Partial
#1934773Listing Office:
Century 21 AffiliatedMLS logo

About Janesville, WI

There are 212 homes are for sale in Janesville, WI real estate market. The inventory of homes for sale in Janesville, WI between March 2022 and April 2022 increased by 17.1%. While the average time on the market in April 2022 was 4 days, the median list price was $225,000. From April 2021 through April 2022, the following changes in listing prices were observed in this housing market: 1 bedroom properties prices increased by 125%, prices of 2 bedrooms properties increased by 38%, the cost of 3 bedrooms properties went up by 28.3%, the cost of 4 bedrooms properties went down by 10.4%, prices of 5 bedrooms properties decreased by 58.3%. Housing inventory have changed in this real estate market: 1 bedroom homes became 33.3% less available, 2 bedrooms homes inventory increased by 19.5%, the quantity of 3 bedrooms homes went up by 13.8%, the quantity of 4 bedrooms homes went up by 25.7%, number of 5 bedrooms homes increased by 25%. In April 2022 more than 46 listings in Janesville, WI were sold above the asking price. During the same period more than 11 listings were sold at asking price, while more than 6 were sold below.

MLS Disclaimers and Copyright

Based on information from Wisconsin Real Estate Exchange, and Midwest Real Estate Data for the period 03/01/2022 - 05/01/2022

© 2022 WIREX - All Rights Reserved.

Information is supplied by seller and other third parties and has not been verified.

IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/22/2022, 10:20:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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Copyright © 2022 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/22/2022, 10:15:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.