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Featured local agent — Janesville, IA
Sarah Mitchell
Compass Real Estate · Janesville, IA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Janesville, IA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$420,000median sale price
How is the Janesville, IA housing market right now?
The median home sale price in Janesville, IA is $420,000, up 109.0% year-over-year. Homes sell in an average of 133 days with 10 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Janesville a buyer's or seller's market?
Janesville, IA is currently a buyer's market, based on 10.0 months of supply and homes selling in about 133 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
133
Average pace
Active listings
10
10.0 months supply
Sale-to-list
96.0%
Below asking
What does the Janesville housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $420,000 |
| Median list price | $275,000 |
| Year-over-year price change | +109.0% |
| Average days on market | 133 days |
| Active inventory | 10 listings |
| Months of supply | 10.0 months |
| Sale-to-list price ratio | 96.0% |
| Median price per sq ft | $146/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 3 |
| Listings with a price cut | 20.0% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Janesville by property type?
How the Janesville, IA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $420,000 | $146/sq ft | 1 | 133 days |
| Condo / Co-op | $355,000 | $146/sq ft | 1 | 195 days |
| Townhouse | $345,000 | $142/sq ft | 1 | 91 days |
Source: Redfin · Updated monthly
The Janesville housing market is currently classified as a buyer's market with a median sale price of $420,000. Prices have risen 109.0% compared to last year, with homes spending an average of 133 days on market, indicating 10.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 3.8x provides context for how home values compare to local earning capacity.
Homes for sale in Janesville
There are currently 10 homes listed for sale in Janesville, Iowa. The median listing price is $275K.
Active listings
10
Homes on market
Median list price
$275K
Avg. days on market
133
Days until sale
New this week
3
Newly listed
Who lives in Janesville?
Population
1,012
Median income
$84,231/yr
Median age
44.7 years
Owner-occupied
90.5%
College grads
25.8%
Avg commute
20.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Janesville?
Zillow home value
$320,793
Price-to-income
3.8x
Source: Zillow Research
What is it like to live in Janesville?
Janesville is a community of approximately 1K residents with a median age of 44.7 years.The median household income is $84,231, which reflects a relatively affluent area with strong earning potential. 25.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 90.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 20.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Janesville offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Janesville?
2 schools tracked · 495 students
The largest public schools serving Janesville, IA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Janesville Elementary School
Grades PK-5 · 269 students
Janesville Junior-Senior High School
Grades 6-12 · 226 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Janesville, IA?
Want a head-to-head view? Compare Janesville side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Janesville?
The median home sale price in Janesville is $420,000, up 109.0% from last year.
How long do homes stay on market in Janesville?
Homes typically spend 133 days on market before going under contract.
What is the median income in Janesville?
The median household income is $84,231 per year.
Is Janesville a buyer's or seller's market?
With 10.0 months of supply, Janesville is currently a buyer's market.
What is the Zillow home value estimate for Janesville?
The Zillow Home Value Index (ZHVI) for Janesville is $320,793, representing the typical home value in the area.
What is the median condo price in Janesville?
The median condo/co-op sale price in Janesville, IA is $355,000, compared to $420,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Janesville?
The median single-family home price in Janesville, IA is $420,000 (about $146 per square foot).
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