As of May 2025, the real estate market in Janesville, Wisconsin, has demonstrated notable growth and resilience. According to Zillow, the average home value in Janesville is $266,956, reflecting an 8.4% increase over the past year. (zillow.com)
Market Overview
In January 2025, the median sale price for homes in Janesville was $245,000, marking a 1.8% decrease compared to the previous year. The median sale price per square foot stood at $156, up 6.8% year-over-year. Homes in Janesville typically sold after 59 days on the market, an increase from 38 days the previous year. (redfin.com)
Neighborhood Insights
Within Janesville, the 53546 ZIP code has an average home value of $288,390, up 6.3% over the past year. The 53545 ZIP code has an average home value of $253,459, reflecting a 7.4% increase. (zillow.com, zillow.com)
Rental Market
The rental market in Janesville has also seen growth. As of February 2025, the average rent was $1,107, a 10% increase from the previous year. (zillow.com)
Conclusion
Janesville’s real estate market in 2023 and early 2025 has been characterized by steady growth in home values and rental rates. While the market has become more competitive, it continues to offer opportunities for both buyers and sellers.
What Type of Property are you Looking for?