Is Janesville Township, MN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Janesville Township is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Janesville Township was a Seller's Market.

Key Takeaway

Janesville Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Janesville Township, MN

How much do homes in Janesville Township, MN cost?

Median Sold Price

$263,000

$148/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$8,000(+3.1%)

Key Takeaway

Homes in Janesville Township have sold for 3.1% more than they did a year ago.

Summary: The median home sold price in Janesville Township was $263,000 in October 2024, up 3.1% from last year, and the median price per square foot was $148.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $300K-
N/A
2 $260K$190K
-26.9%
3 $249K$265.9K
+6.8%
4 $189K$282K
+49.2%
5+ $260K$242.5K
-6.7%

Summary: Janesville Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 26.9%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 49.2%, and 5+ bedroom homes decreased by 6.7%.

Median Sold Price Compared To Nearby Cities

Janesville Township
+3.1%
Janesville
+1.2%

Housing Supply in Janesville Township, MN

How many homes are available in Janesville Township, MN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
10100.0%

Summary: The Janesville Township real estate market had 10 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 67
+16.7%
4 32
-33.3%
5+ 00
0.0%

Summary: The Janesville Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Janesville Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Janesville Township in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Janesville Township, MN

How long does it take to sell a home in Janesville Township, MN?

Average Sale Time

Oct 2023Oct 2024CHANGE
22 Days4 Days-82.2%

Summary: Homes in Janesville Township had an average of 4 days on market in Oct 2024, down by 82.2% compared to last year.

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 Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in Janesville Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 4 Days Ago

Newest Listings in Janesville Township, MN

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