Janesville, WI Home Values & Market Trends

Real estate market trends reflect that there have been 1,278 transactions over the past year in Janesville. The median value for residential home transactions that occurred over the previous year is $249,252.68. The number of current listings in Janesville is 95, and the percentage of properties for sale in the city is 95.00%. Janesville, WI currently has 8 properties in foreclosure, 3 bank owned properties, 5 properties headed for auction, and 95 properties for sale.

Janesville, WI Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
53546

$ 286,250

$ 153/sqft

53548

$ 260,226

$ 134/sqft

53545

$ 227,000

$ 140/sqft

Housing Market Summary for Janesville, WI

Apr 2023March 2024Change
Median Listing Price$279.5K$241.3K-13.67%
Median Sold Price$220K$241.3K9.69%
Homes For Sale8162-23.46%
Homes Sold5605935.89%
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, WI

Janesville home values range from $21,483 to $2,951,306. The median estimated value of a home in Janesville is $249,252.68. The median list price of a home is 299,900, and the total count of properties in the city is 24,484.

Foreclosure
There are 3 zips within Janesville, WI; within these zips, the median estimated home value for homes in foreclosure ranges from $260,250 in 53548 to the lowest value of $106,000 in 53548. Foreclosure homes account for 0.00% of properties in Janesville, WI with 53548 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, WI with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 3 zips within Janesville, WI; of those 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, WI ranges from the highest value of $196,000 in 53548 to the lowest value of $150,500 in 53546. Bank owned homes and properties account for 0.01% of properties in Janesville, WI. There are 3 zips within Janesville, WI; 53546 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    53548 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Janesville, WI. Auction homes and other auction properties account for 0.02% of all properties in Janesville, WI. There are 3 zips within Janesville, WI; of those zips, the median estimated home value for homes going to auction ranges from $290,500 in 53546 to the lowest value of $106,000 in 53546.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.39% of residential properties in Janesville, WI with 53546 containing 38 homes for sale, the highest number of listed properties in a single zip. There are 3 zips within Janesville, WI; homes for sale in those zips, have a range of median values from $549,900 in 53546 to the lowest value of $80,000 in 53548.
    Sold Homes
    The median value for recently sold homes ranges from $750,284 in 53545 to the lowest price of $25,145 in 53545. There are 3 zips within Janesville, WI. 53546 has 209 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.36% of properties in Janesville, WI.

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      Guide for Janesville, WI

      Market Reports
      Madison Wisconsin Real Estate Market Report – Mar 2024
      Market Reports
      Milwaukee Real Estate Report, Feb 2024: Market Shows Promising Growth
      Home Buying Guides & Tips
      Wisconsin Foreclosure Laws
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      See More Articles
      Madison Wisconsin Real Estate Market Report – Mar 2024
      Market Reports|posted 4 March 2024

      Madison’s real estate market continues to robustness, with varied trends across different market segments.

      Milwaukee Real Estate Report, Feb 2024: Market Shows Promising Growth
      Market Reports|posted 26 February 2024

      Milwaukee’s real estate market has shown growth with increasing property values and sold prices in the past year. However, the market contrasts with wealthier neighboring cities with higher average sold prices.

      Wisconsin Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Wisconsin Foreclosure Laws

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.