Janesville, MN Home Values & Market Trends

Real estate market trends reflect that there have been 47 transactions over the past year in Janesville. The median value for residential home transactions that occurred over the previous year is $286,515. The number of current listings in Janesville is 52, and the percentage of properties for sale in the city is 52.00%. Janesville, MN currently has 4 properties in foreclosure, 0 bank owned properties, 4 properties headed for auction, and 52 properties for sale.

Janesville, MN Real Estate Market Overview

ZipMedian Est. Value
56048

$ 286,515

$ 222/sqft

Housing Market Summary for Janesville, MN

Sep 2025September 2026Change
Median Listing Price$270K$289.9K7.37%
Median Sold Price$196.3K$239.2K21.85%
Homes For Sale2551104.00%
Homes Sold1714-17.65%
Price
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Janesville, MN

Janesville home values range from $78,948 to $749,900. The median estimated value of a home in Janesville is $286,515. The median list price of a home is 289,900, and the total count of properties in the city is 74.

Foreclosure
There is 1 zips within Janesville, MN; within this zips, the median estimated home value for homes in foreclosure ranges from $324,662 in 56048 to the lowest value of $112,900 in 56048. Foreclosure homes account for 5.00% of properties in Janesville, MN with 56048 containing 4 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Janesville, MN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Janesville, MN; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Janesville, MN ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Janesville, MN. There is 1 zips within Janesville, MN; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    56048 has 4 auction properties, the highest number of properties going to auction in a single zip in the state of Janesville, MN. Auction homes and other auction properties account for 5.41% of all properties in Janesville, MN. There is 1 zips within Janesville, MN; of that zips, the median estimated home value for homes going to auction ranges from $324,662 in 56048 to the lowest value of $112,900 in 56048.
Homes for Sale
Homes and properties that are actively listed for sale account for 70.27% of residential properties in Janesville, MN with 56048 containing 52 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Janesville, MN; homes for sale in that zips, have a range of median values from $749,900 in 56048 to the lowest value of $83,591 in 56048.
    Sold Homes
    The median value for recently sold homes ranges from $554,103 in 56048 to the lowest price of $78,948 in 56048. There is 1 zips within Janesville, MN. 56048 has 14 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 18.92% of properties in Janesville, MN.

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      Guide for Janesville, MN

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.