Is Janesville, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Janesville has remained a Seller's Market.
Housing Prices in Janesville, WI
How much do homes in Janesville, WI cost?
Median Sold Price
$260,771
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Janesville was $260,771 in May 2024, up 8.7% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $114.9K | $127.5K | +10.9% |
2 Bedrooms | $202.5K | $209K | +3.2% |
3 Bedrooms | $257K | $272.3K | +6.0% |
4 Bedrooms | $347K | $349.9K | +0.9% |
5+ Bedrooms | $765K | $362.4K | -52.6% |
Summary: Janesville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.9%, 2 bedroom homes increased by 3.2%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes decreased by 52.6%.
Housing Supply in Janesville, WI
How many homes are available in Janesville, WI?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
233 | 277 | +18.9% |
Summary: The Janesville real estate market had 277 homes for sale in May 2024, a 18.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 4 | +100.0% |
2 Bedrooms | 47 | 53 | +12.8% |
3 Bedrooms | 125 | 144 | +15.2% |
4 Bedrooms | 51 | 65 | +27.5% |
5+ Bedrooms | 8 | 11 | +37.5% |
Summary: The Janesville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 12.8%, 3 bedroom homes increased by 15.2%, 4 bedroom homes increased by 27.5%, and 5+ bedroom homes increased by 37.5%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
58 | 84 | +44.8% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
50 Homes Were Sold
Over Asking
Summary: A total of 84 homes were sold or pending in Janesville in May 2024, up by 44.8% month-over-month. Of the 84 sold homes, 23% were sold under asking, 18% were sold at asking, and 60% were sold over asking.
Days on Market for Janesville, WI
We’re sorry, we don't have information for this market at the moment