Is Janesville, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Janesville was a Neutral Market.
Housing Prices in Janesville, WI
How much do homes in Janesville, WI cost?
Median Sold Price
$258,604
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Janesville was $258,604 in March 2024, up 14.9% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $98.2K | $110K | +12.0% |
2 Bedrooms | $199.7K | $204K | +2.2% |
3 Bedrooms | $258.4K | $262.7K | +1.6% |
4 Bedrooms | $352.4K | $345K | -2.1% |
5+ Bedrooms | $984.9K | $315.5K | -68.0% |
Summary: Janesville housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12%, 2 bedroom homes increased by 2.2%, 3 bedroom homes increased by 1.6%, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes decreased by 68%.
Housing Supply in Janesville, WI
How many homes are available in Janesville, WI?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
189 | 198 | +4.8% |
Summary: The Janesville real estate market had 198 homes for sale in March 2024, a 4.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 4 | +33.3% |
2 Bedrooms | 35 | 34 | -2.9% |
3 Bedrooms | 101 | 107 | +5.9% |
4 Bedrooms | 42 | 46 | +9.5% |
5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The Janesville housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 2.9%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
52 | 55 | +5.8% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
25 Homes Were Sold
Over Asking
Summary: A total of 55 homes were sold or pending in Janesville in March 2024, up by 5.8% month-over-month. Of the 55 sold homes, 29% were sold under asking, 25% were sold at asking, and 45% were sold over asking.
Days on Market for Janesville, WI
We’re sorry, we don't have information for this market at the moment